George P. Goulas - KELLER WILLIAMS REALTY | 508-509-3833 | GGoulas@kw.com


Posted by George P. Goulas on 6/16/2021

Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells and elevators. Any community that shares property, including single-family free-standing homes in developments, falls into the common-interest category. 

The two most familiar types of common-interest housing terms are condominiums (or condos) and townhomes (or townhouses). Although both belong in the category of common-interest housing, condos and townhouses may mean different things depending on regional or legal definitions.

The Difference

A condo is a shared building or group of buildings and common spaces in which housing units are owned individually. This could be a single unit within a tower building or a conjoined home having its own ground floor with exterior entry. Other homes in the condominium category include single-family cottages or even modular homes inside planned communities. When you purchase a condo, you own the unit itself while you are a co-owner of the common areas.

A townhome is a style of house that is connected to another structure on at least one side. It may be solely owned by an individual as part of a CID, part of a multi-family apartment dwelling or individually owned without property in common. A true townhome is built with independent sidewalls that stand alone, even if they touch the walls of another townhome. When you purchase a townhouse, you own the unit itself and whatever yard area is affiliated with it as you would with a detached single-family house.

While condominium units might incorporate elements like private outdoor spaces, individual ground-floor entry options or design elements that resemble those of a townhome, it is ownership that truly defines them. 

Homeowners’ Association 

All CID properties have a homeowners’ association (HOA) of some sort. While some are mainly hands-off regarding individual units, others have specific regulations regarding renting, remodeling and exterior décor. 

If you are trying to decide between purchasing a condominium or a townhouse, have your agent explain the differences in common ownership between them and make certain to factor in the HOA fees to your monthly budget.




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Posted by George P. Goulas on 1/29/2021

This Condo in Boston, MA recently sold for $315,000. This Mid-Rise style home was sold by George P. Goulas - KELLER WILLIAMS REALTY.


247 Chestnut Hill Ave, Boston, MA 02135

Brighton's Chestnut Hill

Condo

$325,000
Price
$315,000
Sale Price

3
Rooms
1
Beds
1
Baths
Prime location near Cleveland Circle just a short walk to Boston College, and to all green line trains (B, C, & D), while also having a bus stop across the street that can take you to the Harvard Square area in Cambridge. There are so many shops and restaurants in the area as well as outdoor recreation parks, and the Chestnut Hill Reservoir which is great for running and walking right behind the condominium building. The condominium is a professionally managed building with solid reserves. The condos have a very strong rental interest given its location to capitalize on the high demand rental amount. There is generous closet space within the unit and a large foyer that can be utilized as a home office. High ceilings make the apartment feel more spacious. Big double-windows bring in lots of natural sunlight that makes this condo feel like home. Coin-operated laundry room in the building. These condo units are very desirable and sell quickly. Call now!

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Tags: Real Estate   Condo   Boston   02135  
Categories: Sold Homes  


Posted by George P. Goulas on 12/8/2020


247 Chestnut Hill Ave, Boston, MA 02135

Brighton's Chestnut Hill

Condo

$325,000
Price

3
Rooms
1
Beds
1
Baths
Prime location near Cleveland Circle just a short walk to Boston College, and to all green line trains (B, C, & D), while also having a bus stop across the street that can take you to the Harvard Square area in Cambridge. There are so many shops and restaurants in the area as well as outdoor recreation parks, and the Chestnut Hill Reservoir which is great for running and walking right behind the condominium building. The condominium is a professionally managed building with solid reserves. The condos have a very strong rental interest given its location to capitalize on the high demand rental amount. There is generous closet space within the unit and a large foyer that can be utilized as a home office. High ceilings make the apartment feel more spacious. Big double-windows bring in lots of natural sunlight that makes this condo feel like home. Coin-operated laundry room in the building. These condo units are very desirable and sell quickly. Call now!
Open House
No scheduled Open Houses

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Tags: Real Estate   Condo   Boston   02135  
Categories: Price Change  


Posted by George P. Goulas on 11/17/2020

This Condo in Boylston, MA recently sold for $265,000. This Townhouse style home was sold by George P. Goulas - KELLER WILLIAMS REALTY.


935 Edgebrook Drive, Boylston, MA 01505

Condo

$250,000
Price
$265,000
Sale Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Highly sought after Timberbrook Condo has 6 rooms, 2 bedrooms, den or office plus full bath on upper level. Living room with fireplace and glass slider to enclosed patio, dining room, applianced kitchen with laundry, updated half bath on first level. Central Air Conditioning. Wonderfully private back yard. One car garage and one deeded parking space as well as guest parking spots. Minutes away from Rte 290 and Rte 495. Showings to begin on Sunday, September 13. Must be arranged through ShowingTime.






Tags: Real Estate   Condo   Boylston   01505  
Categories: Sold Homes  


Posted by George P. Goulas on 11/5/2020


247 Chestnut Hill Ave, Boston, MA 02135

Brighton's Chestnut Hill

Condo

$349,900
Price

3
Rooms
1
Beds
1
Baths
Prime location near Cleveland Circle just a short walk to Boston College, and to all green line trains (B, C, & D), while also having a bus stop across the street that can take you to the Harvard Square area in Cambridge. There are so many shops and restaurants in the area as well as outdoor recreation parks, and the Chestnut Hill Reservoir which is great for running and walking right behind the condominium building. The condominium is a professionally managed building with solid reserves. The condos have a very strong rental interest given its location to capitalize on the high demand rental amount. There is generous closet space within the unit and a large foyer that can be utilized as a home office. High ceilings make the apartment feel more spacious. Big double-windows bring in lots of natural sunlight that makes this condo feel like home. Coin-operated laundry room in the building. These condo units are very desirable and sell quickly. Call now!
Open House
No scheduled Open Houses

Similar Properties





Tags: Real Estate   Condo   Boston   02135  
Categories: Price Change  




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