Townhouse vs. Condominium: What’s the Difference?

Townhouse or Condominium – Can you tell the difference?

Let’s say you’ve decided that you don’t want to worry about the landscaping for a single family home, and in addition you don’t need a mega-mansion in the suburbs so you turn your interest to a condominium or townhouse.  Now the question becomes, what is the difference between a townhouse and condominium and does it affect anything else such as financing. Or is it simply an architectural issue?  Well you may want to read on because it’s deeper than that.

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Waterfront townhouses in The Islands for Sale

Coral Reef Townhouse in The Islands for SalePontoon boat view

Waterfront townhouses in Gilbert are not very common, and The Islands is one of the few lake communities that offer lakeside townhomes.  The Islands is one of the largest man made lakes in the east valley and a true favorite of those who enjoy boating. The Islands also boasts great proximity to the freeway, parks and shopping. It consists of three separate bodies of water which comes from the SRP watershed.

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