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Downsizing: Townhome or Condo?

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Downsizing: Townhome or Condo?

This fall, many Houstonians are finding themselves in a new season of life where the kids have flown the nest, and the once-bustling
family home suddenly feels a little too spacious. If that sounds familiar, you might be considering downsizing. For many, that means
exploring the idea of a townhome or condo. Let’s take a closer look at what makes each option unique.

Townhomes: The Best of Both Worlds

Townhomes offer the comfort of single-family living with a touch of community convenience. Unlike a condo, where ownership
typically extends only to the interior space, you own not only your home but also the land it sits on. Most townhomes are multi-story
and share some walls with neighbors, but they still provide a strong sense of privacy and independence.

In these communities, townhomes often fall under the jurisdiction of a Homeowners Association (HOA). While of course this is an
added fee, you can enjoy benefits such as well-maintained common areas, neighborhood events, and a shared sense of community
without the full maintenance load of a detached single-family home. However, you’ll still be responsible for your property’s exterior
upkeep, making it a nice middle ground for those who want control without the full workload.

Many Houston townhome communities are gated, offering benefits like:
● Enhanced security
● Quiet streets and reduced traffic
● Beautifully maintained landscaping
● Access to private amenities
● A close-knit neighborhood feel

Of course, gated living comes with trade-offs such as shared maintenance costs and potential assessments to keep everything running
smoothly.

Condos: Convenience and Carefree Living

If low-maintenance living sounds more appealing, a condo might be the perfect fit. Condos function like individual units within a
larger building, and can range from cozy, efficient spaces to sprawling residences that span entire floors.

Condo associations typically handle exterior maintenance, landscaping, and building management in exchange for monthly fees. This
means you can focus on enjoying your space, rather than maintaining it. Many luxury condo buildings also feature resort-style

amenities such as pools, gyms, concierge services, and secure parking. However, with convenience comes compromise: less privacy,
shared walls, and the occasional special assessment fee to fund major building projects.

Choosing What Fits Your Next Chapter

When it comes to downsizing, there’s no one-size-fits-all answer. The choice between a townhome and a condo comes down to your
lifestyle preferences:

● If you value privacy and flexibility in ownership, a townhome might be your perfect match.
● If you prioritize convenience and managed maintenance, a condo may be the right move for you.

Either way, this fall could be the perfect time to make your next move and start living in a space that truly fits your life today. You’ve
helped your kids start their next chapter—now it’s time to start yours.

Until next time,
Dee Dee Guggenheim Howes

Sources:
https://www.bhg.com/condo-vs-townhouse-7975568
https://www.palmparadiserealty.com/blog/gated-community-pros-cons/