TOWN HOUSE

The Town House, or Town Home, began its existence within towns or in the big cities. It typically offered the owner more dedicated outdoor space, while incorporating many of the efficiencies of other more dense multifamily properties. Unlike Condominiums, the owner typically owns the real estate below the property; it is a multifamily property and shares some of the benefits of other multifamily properties. One might say that in the bundle of property rights, it is sandwiched between the single family residence and the Condominium or Cooperative. Today, Town House forms of ownership are not just found in the center city, but also further out into the suburbs. Appraising Town Homes should and is best performed by appraisers with a thorough knowledge of the Town House concept.

With our network of qualified residential appraisers, our firm prepares Town House appraisals anywhere in the United States.

 

 

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