A condo is individually owned within a larger building with shared common areas. A townhome is typically attached but you own the land beneath it. Condos usually have higher HOA fees and less control over exterior modifications. Townhomes offer more autonomy but still share walls with neighbors.
General Real Estate
What Is the Difference Between a Condo and a Townhome?
Patrick Kevin FaganUpdated August 18, 2026Patrick's Take
"Condos and townhomes serve different needs. Condos are great for low-maintenance living. Townhomes give you more space and land ownership. The HOA fees and rules are the key differentiator. Review them carefully before buying."
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Patrick Kevin Fagan
Loan Officer and Realtor · AXEN Realty LLC
Sales Agent · 454749 · TX
Deciding Between a Condo or Townhome?
Patrick can help you compare options and find the right fit for your lifestyle and budget.