The main difference between owning a house and a condo is in the form of ownership. With a house, homeowners have the right to all of the property both inside and outside. Whereas with a condo, owners only have exclusive right to their unit and share common areas with other unit owners. However there are also other differences that should be considered when deciding between a house and a condo.
Check out this video that show a few of the major differences between a owning a house and a condo:
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Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323