Townhomes and condos for sale in Irvine share many similarities. Both options are located in shared housing communities with a homeowner’s association (HOA) to take care of most of the maintenance for easy living. Still, each option comes with its own benefits and drawbacks to consider. Here’s how to choose between a townhome or a condo based on your lifestyle and what matters to you.
Living Space and Privacy
A condo is essentially an apartment you own. Condos have shared walls and typically other units above and below, which means they have limited privacy. You share walls, floors, and ceilings with many neighbors who you will likely hear from time to time. Some condos can be quite large, and some even have two stories, but most are one to three-bedroom, single-level homes. Townhomes generally offer much more living space and privacy, as they’re built in the style of attached row houses with their own exterior entrance and multiple stories. With a townhome, you only share walls with one or two neighbors with no one below or above you.
If you’re interested in amenities like roof access, a fitness center, or a pool, you’re more likely to find them with a condominium. Townhomes usually have lower HOA fees and fewer shared amenities, whereas condo complexes have more owners, higher fees, and a broad range of amenities to enjoy. Depending on the development, amenities you might enjoy in a condominium include a concierge service, a resort-style pool, spa facilities, a gym, and a doorman. If you value privacy and space more than amenities, a townhome is probably a better option.
Private Outdoor Space
A condo community is sure to have common green areas so residents can enjoy the outdoors or walk a pet, but this outdoor space essentially belongs to everyone, and there are rules regarding what residents can and cannot do. A townhome usually comes with a small but private front yard and backyard, which can make taking care of a pet more convenient. You can also use your private outdoor space for gardening, something that won’t be an option with a condo complex’s common areas.
When choosing between a townhome and a condo, it may help to consider how much maintenance you’re willing to do and how much you want to spend on HOA dues. A condo will probably come with much higher HOA dues than a townhome, but you’ll have very little maintenance to perform. Condo associations take care of everything from maintaining the landscaping and interior common areas to caring for the roof and HVAC system. With a townhome, your HOA fees will probably be very low. On the other hand, you’ll have a larger share of maintenance. Many townhome HOAs don’t take care of roof repairs and exterior maintenance like a condo HOA, which means some of the money you save will need to be spent on maintaining your property and lawn.
From University Town Center to Northwood, Irvine townhomes for sale and condos for sale are readily available on the market. Once you know what type of property you’re looking for, contact a local real estate agent from Irvine Residential Living. Call 714-454-6304 to begin your search.