When you move to a new city, you have your pick out of all the different forms of real estate. Will you buy a condo in Mississauga? A detached home? A town house? Many people don't understand the differences between a condo and a town house or indeed a town house and a regular detached house. Without knowing the difference you can't possibly understand the advantages to owning a town home. We'll teach you the difference and the advantages so that when you move to Norfolk you can make the right choice for you.

Town houses differ fundamentally from detached houses in that they are essentially attached houses. They share their outer walls (on the sides) with neighboring homes. Upon hearing this wall sharing aspect, you might think that a town home is the same as a condo. It is not. Town homes differ from Toronto lofts and condos in that they are their own separate building, not a small part of a larger whole. When you buy a town home you are buying a building, albeit one that is very close to its neighbors.

So what are the advantages to buying a town home? The major advantage to buying a town home over a detached home is that your Oakville real estate agent or Norfolk real estate agent can find you a town home in the downtown area you like within your budget but cannot find you a detached home. Detached homes are for more suburban areas. Town homes allow you to have the privacy and ownership privileges of a house owner but in the same high density neighborhoods as apartment renters and condo owners.

When compared to condos or apartments, Mississauga townhomes and their Norfolk counterparts have many advantages. The most important is that when you buy a town home you are also getting the property that it sits on. Usually the town home doesn't take up the entire lot, so you'll have a nice little garden or patio area out the back. In a condo you'd have to settle for a balcony with a potted plant on it. Town homes also come with house features like garages, which you can't get in high rise condos.

Due to the fact that you own the entire structure when you choose Toronto townhouses instead of condos, where you own only a part of a structure, you have a lot more freedom in terms of renovations. You can make alterations to the structural components of your townhome, add on, or take away. The only thing you can't do is damage your neighbor's walls. There's also a distinct prestige advantage from being able to open your own front door and walk directly out into the street.