Townhouses in Richmond often can make an excellent "middle ground"
between a detached single family home and a full fledged condominium
because, to some degree, they offer attributes of both. A townhouse
by definition is a home that is attached to one or more other houses,
but which sits directly on a parcel of land that you also own (if
you don't own the land, it is a condominium). For this discussion,
townhouses can ranges from duplexes and triplexes all the way through
huge townhouse communities consisting of hundreds of similar homes.
There is a good degree of variance in the way townhouse communities
are structured. It may be a simple agreement (as is often the case
of duplexes and triplexes) that each parcel of land and the home that
sits on it is separately owned. In the case of larger townhouse communities,
you will generally have an additional shared ownership in the common
areas of the complex as well as any amenities such as swimming pools,
park areas, etc. This ownership you will share jointly with all other
townhouse owners in the complex. In any townhouse purchase that involves
a Richmond Homeowners' Association, it is vitally important to get
as much information as you can, since the association can have a considerable
impact on your ownership experience.
Richmond homes for sale
(introduction)
Richmond condos
Richmond cooperatives
Richmond resale homes
Richmond gated communities
Richmond townhouses
Building a house in Richmond
Richmond new homes
Richmond luxury homes
Richmond lofts
Richmond investment property
Virginia bungalows
Richmond duplexes
Richmond triplexes
Richmond residential real estate
(attached)
Richmond residential real estate
(detached)