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Oldsmar Townhouses:

What is the difference between a Condo and a Townhouse? That is one of the most common questions we are asked. Please let us explain the differences.

The price of Oldsmar townhouses can range from $200,000 to several million for the Oldsmar luxury townhouses or Oldsmar waterfront townhouses.

Residential townhomes in Oldsmar can be found in various town home communities throughout the suburbs. Most Oldsmar townhouse associations charge anywhere from $75.00 a month to $400.00 for association fees. The more ammenities a Oldsmar townhouse association has, the more the townhouse owner will pay in fees.

Oldsmar townhouses are like Oldsmar condominiums because they are attached to another unit usually on at least one side and more often than not, have common areas that are owned in an undivided interest, such as a pool, spa, green belt, and maybe tennis courts. Oldsmar Townhouses are like Oldsmar single family homes because they own the land that they sit on individually unlike a condo. If the land is not owned individually than it is a condominium. Oldsmar Townhouses are not stacked and do not have another unit above. Some condominiums do not have units above either so don't assume a two story unit with an attached garage as always being a townhouse.

Most Oldsmar Townhouses will have a Homeowners Association like Oldsmar condos but may not be responsible for as much of the repair work as a condominium project. The homeowners insurance may be the responsibility of the owner unlike the condominium. The owner of a townhouse may be responsible for repairing his own unit and at the same time an architectural committee may have an authority over what improvements can be made. Generally improvements and any change of the units style and appearance must have prior approval by the committee. Other Homeowner Associations will cover the exterior and roofs of the project much like condominiums. Therefore an investigation as to what responsibility the Homeowners Association has over the project is important to know prior to purchasing.

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