The Condo Mania Team
Advantages of Buying a Phoenix Townhome
by Liz Suto
There are several definitions of a Phoenix Townhome out there - there's the descriptive variety, which leaves open to interpretation whether a certain development is a townhome community or not, and the legal definition of a townhome. When people think of a townhome, they usually assume a multi-story home, with one or more walls attached to other townhome unit. Usually (but not always), a townhome will have an attached garage and a little patio area.
On our Phoenix Condo Mania website, we separate Phoenix townhomes by their descriptive definition. We think that our visitors looking for a townhome are usually looking for an "almost" house, with a little more privacy and spaciousness, yet without the upkeep of a single family home.
The legal definition of a townhome has to do with OWNERSHIP. Townhome (also called Planned Unit Developments, or PUDs) owners actually own the ground their units are on, and perhaps a small amount of space in front and behind the unit, while condo owners usually own an undivided interest in the entire development. In reality, owning your little piece of land might give you the right to claim you are a "land owner", but in reality, it doesn't affect every day life, except for one thing - financing. Lenders have different rules for financing townhomes than for condos, so you might have an easier time of obtaining different kinds of financing, like FHA and VA.
How do you know which communities are legally defined as townhomes? One way is to see the legal description of the unit and it is always a good idea to verify in escrow that the unit is indeed part of a PUD). You can't rely on the "looks" of the unit, because many builders decided to make their units condos even though they may look like townhomes. In fact, almost all townhome styles built in the last 10 years were created as condos.
The Point South Mountain is an example of a townhome that fits both the legal and descriptive definition of a townhome. These charming units are equipped with lots of space indoors and roomy private patios to enjoy our great Phoenix weather. An example of a community with condos that look like townhomes is the Biltmore Jewel, a newer community in the Phoenix Biltmore area. These units are 2 or 3 story, with garage and a balcony - good location and upgraded interiors. We help our clients determine what communities fit them best and can assist buyers who really want a legal townhome to find one!
Browse through a few Phoenix townhomes in the list below.
Back to: Articles
Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.
- CONTINENTAL EAST
- POINTE SOUTH MOUNTAIN
- VILLA SIERRA MADRE
- LINCOLN GARDENS
- SPANISH GARDENS
- Phoenix Condo Buyer information
- Phoenix Townhomes For Sale
Complex in process of repainting. Beautiful courtyard. Close to Biltmore, SR51, fine dining, shopping.
The established community of Pointe South Mountain Condos is noted for its lush, mature landscaping and miles of pristine golf greens. Homeowners who live here enjoy all the bells and whistles of the resort life style with Arizona Grand Resort located on the north end of the community.
Whether you spend your days golfing on the challenging Arizona Grand Golf Course, playing tennis, or relaxing in one of the four heated community pools and spas, your days promise to be full. Located ...
Villa Sierra Madre offers quaint townhomes in Phoenix surrounded by lush greenbelts and scenic mountain views near North Mountain Park and North Mountain Preserve, which has over 20 miles of hiking trails. Residents of Villa Sierra Madre enjoy beautiful tree-lined common areas and a community pool. Its convenient location provides easy access to Highway 51 and an abundance of shops and restaurants.
# Active Listings 0 Min Price $0 Max Price $0 Avg Price $0 PPSFT $0
Spanish Gardens and Spanish Gardens North are small communities nestled in between the Biltmore and Arcadia areas. If you like the brick structures the way they used to build, you'll want to check out this community.
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2021-09-24 06:55:54