What's the difference between a condo and a townhome in Franklin TN? Buyers often think they are different names for the same thing. Not so.
Generally speaking, a condominium or condo, is a property where individuals own the interior space of a building (their unit). They have common ownership with all the other unit owners of the outside spaces such as a pool, parking lots, entry gates, and grounds, and some interior spaces such as hallways, stairwells, and elevators.
A condo association or homeowners association (HOA) manages, or hires a property manager, to care for all of these common spaces. Fees and assessments are charged to the individual unit owners to generate the funds necessary for the repair, replacement or general maintenance of commonly owned spaces including pool, roof and exterior walls.
Townhomes are properties where the individual units may share one or two common walls, but the property itself includes a lot or parcel of land, albeit small, where the unit sits. There are commonly owned elements, similar to a condo, such as parking lots and recreational areas. Once again, an association or HOA maintains these common spaces and charges monthly fees or assessments.
Franklin TN has a wide variety of condos and townhomes ranging in price from under $100,000 to over $500,000. Unfortunately the public side of our local Multiple Listing Service (MLS) does not differentiate between condos and townhomes. To further complicate matters, some new construction townhomes are listed in the residential, single-family section of the MLS. These are just a few of the reasons why you need to enlist the help of a buyer's agent when buying a condo or townhome that is right for you.
If you you are looking to buy a Franklin TN condo or townhome,
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
From the Developer of The Brownstones, 10 Luxury Flats as nice as the Brownstones 2 Blocks from Starbucks on West Main. 1.4 to 2.4 million. Underground Parking Construc...
LOOKING FOR QUICK CLOSE!! $86K price decrease!! INCREDIBLE end unit w/extra LIGHT. Screened BREEZEWAY to 2 car Garage, covered PATIO off Dining Room, Den open to Kitch...
Beautiful ground floor Westhaven condo in a charming community! Bright, open floor plan. Walkable community with easy access to local shops, grocery, and restaurants. !
Location, Location!! About 10 minutes to I-65, CoolSprings Mall area & 2 miles to Historic Downtown Franklin*Southern style, all brick home in gated community*Large front...
The Mary Dudley TownCenterHomes are a Stunning retreat in Berry Farms with breathtaking views of the Franklin Hillside. Great layout, secured entry, Garage, elevators, wa...
Luxury condo in the heart of Westhaven. Walking distance to all of Westhaven amenities. Lock & leave 1st floor level with views of Westhaven Lake. Top grade finishes incl...
Beautiful Townhome in sought after Berry Farms! This is a one of a kind community! Live, Work, Play! This townhome is steps away from one of the two pools in Berry Fa...
NEW TOWNHOMES IN THE DESIRABLE STREAM VALLEY COMMUNITY! END UNIT- 3 Bedrooms, 2.5 Bath, 2 Car Garage, 4' Extension, Quartz Countertops,, hardwood Flooring throughout...
RARE OPPORTUNITY in Downtown Franklin. Completely updated. Solid countertops, NEW hardwoods, stainless steel appliances. 3 full baths and a killer master closet. WALK to ...
A refreshing take on a townhome in one of Franklin's most sought after communities - close to everyday needs and conveniences and less than 3 miles from Downtown Franklin...
STREAM VALLEY TOWNHOME!! This Lovely Townhome Features a Large Front Porch along with 3 Bedrooms, 2.5 Bath, 2 Car Garage, 4' Extension, 10ft Kitchen Island, White Kitc...
Wonderful 2 bedroom 2 bath home on a corner lot. Only 1.5 miles from downtown Franklin. This home features wide doorways and hallways for easy access, a private backyar...
NEW TOWN HOME - LOW MAINTENANCE LIVING IN THE DESIRABLE STREAM VALLEY COMMUNITY!! END UNIT, 3 Bedrooms, 2 Bath, 2 Car Garage, 4' Extension, Granite Countertops and Stain...
NEW TOWNHOME - MAINTENANCE FREE LIVING - IN THE HIGHLY SOUGHT AFTER STREAM VALLEY COMMUNITY! 3 Bedrooms, 2.5 Bath, 2 Car Garage, 4' Extension, Granite Countertops,, LV...
Beautiful light-filled home within minutes from Downtown Franklin!!!! Freshly Painted walls and Cabinets, New lighting throughout, Modern ceiling fans, New Kitchen Fauce...
The Mary Dudley TownCenterHomes are a stunning retreat in Berry Farms with breathtaking views of the Franklin Hillside. Great layout, secured entry, garage, elevators, wa...
Beautiful ground floor home in gated community. Convenient to all things Cool Springs. Single level living with convenient parking near covered patio. Great location in...
Updated 3 bedroom, 2.5 bath condo, 5 minutes to Historic Franklin and I-65. Assigned covered parking for 2 vehicles, private patio, community pool, and plenty of closet ...
Ideal Location! Walking distance to Franklin High, minutes to Downtown Franklin. Quiet neighborhood surrounded by mature trees. A lovely community pool for those hot summ...
Own a piece of Historic Downtown Franklin. Walk to main street. A Perfect 10. NEW HVAC. New Kitchen. New Cabinets/with quartz counters and marble backsplash. New Applian...
Great location in downtown Franklin * Hardwoods in living room - new carpet in bedrooms - fresh paint - tile in bathroom *
UPDATED one-story, ground level condo under $200! End Unit! Next to Jim Warren Park! Unit location overlooks tennis courts and large grass common area! Private patio! 15-...
This condo is an AMAZING OPPORTUNITY for an owner occupied or an investment! Located on the second floor, the condo's floor plan provides for privacy with a spacious feel...
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2019 MTRMLS, Inc. RealTracs Solutions.