3042 Long Branch Circle, Franklin
Franklin TN Condos | Franklin TN Townhomes
What's the Difference Between a Condo and a Townhome in Franklin TN?
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,
call Franklin Homes Realty LLC at (615) 495-0752.
Franklin TN Condo and Townhome Listings
2091 Hollydale Alley, Franklin
2103 Hollydale Alley, Franklin
3036 Long Branch Circle, Franklin
1037 Westhaven Blvd, Franklin
5003 Captain Freeman Pkwy, Franklin
2097 Hollydale Alley, Franklin
102 Pearl St, Franklin
2330 Clare Park Dr, Franklin
2055 N Braidwood Lane, Franklin
2085 N Braidwood Lane, Franklin
1639 Shadow Green Dr, Franklin
2334 Clare Park Dr, Franklin
1023 Cumberland Park Drive, Franklin
1205 Moher Blvd, Franklin
2028 Moultrie Cir, Franklin
1162 Culpepper Cir, Franklin
228 N 4th Ave Unit #1, Franklin
5072 Birchcroft Ln, Franklin
905 Granville Rd, Franklin
3041 Oglethorpe Dr, Franklin
614 Huffine Manor Cir, Franklin
156 Stanton Hall Ln, Franklin
3201 Aspen Grove Dr Unit #J1, Franklin
1101 Downs Blvd Unit #213, Franklin
1101 Downs Blvd Unit #104, Franklin
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 2023 MTRMLS, Inc. RealTracs Solutions.