Condos for Sale in Colorado Springs

There is always some confusion on the difference between a townhouse vs a condo. If you are in the market for buying a condo, here is some helpful information that may help you with your purchase of a condo for sale in Colorado Springs. Though less common in the Colorado Springs area, mobile homes and coops are additional housing types you might encounter.

Quick Facts about Condos vs Townhomes

What is a Condo?

A concept of real estate ownership. Buying a "Condo" means you own:

  • The airspace within a single unit of a multi-unit dwelling.
  • An equal share amongst all unit owners of common elements. For example; land and amenities in the complex (pool, recreation center, greenbelts, etc..)

What is the Difference between Condo and Townhome?

A condominium, is actually a form of ownership, while “townhouse” is a description of a type of dwelling. "Townhouses" are generally attached real estate of 2 or more stories with common walls. A person may have “condominium ownership” of a townhouse, or they may have absolute ownership, like a single-family home.

What is a Condo Association?

When you’ve purchased a condo, townhome or another type of property in a planned development, you are required to join that community’s homeowners’ association (HOA) and pay monthly or annual HOA fees for the upkeep of common areas and or building. It’s recommended to review their rules before purchasing and to find information about the fees.

Condo Ownership

You own the airspace inside of your unit and an equal share amongst all unit owners of common elements. i.e. land and amenities in the complex (pool, recreation center, greenbelts, etc..)

Condos for Sale in Colorado Springs

Ownership

Townhome Ownership

The owner actually owns the home, not just the airspace. Any yard, deck, garage or part of the property is owned. Unlike condo ownership, the common elements are not owned.

Condo Amenities

Condos have amenities that are common to all units in the building. Gyms, pools, common areas and party facilities are all possibilities.

Townhomes for Sale in Colorado Springs

Amenities

Townhome Amenities

Townhomes tend to not have as many amenities as condos. Walking paths, common areas and exercise areas are all possibilities.

Condo Architecture

Condos in Colorado Springs take on more of an apartment structure with units in a larger building on multiple floors.

Condos and Townhomes for Sale in Colorado Springs

Architecture

Townhome Architecture

Townhomes in Colorado Springs tend to be 2 story units with the bedrooms on the upper level and the living areas on the lower level.

Condo Associations

For Condos, prepare to spend approximately $300/mo in condo association fees. These fees pay for amenities and services. Items like trash and water can be included in this fee.

Difference between Condo and Townhome

HOA
Associations

Townhome Assocaitions

Townhomes usually have an HOA fee, but often less than Condos. Prepare to spend approximately $200/mo in HOA fees to cover maintenance and amenities.

Condo Maintenance

Maintenance on condos generally covers everything on the exterior including a leaky roof, decking, landscaping, and maintenance of amenities.

Difference between Condo and Townhome

Maintenance

Townhome Maintenance

Townhomes maintenance covers exterior maintenance like landscaping, decks and common areas like parking lots and common facilities.

Condos for Sale in Colorado Springs

Townhomes and Condos are scattered around certain areas of Colorado Springs. Downtown Colorado Springs, Gold Hill Mesa, Kissing Camels and Monument are popular areas for condos and townhomes. Just recently, there have been many new condos and townhomes built in the Powers and Briargate area.

$1,595,000
Townhouse For Sale
Active
2
BED
4
BATH
1
½BATH
4,515
SQFT
2885 Carriage Manor Point
Colorado Springs, CO 80906
Broadmoor Subdivision
$1,249,000
Townhouse For Sale
Active
5
BED
5
BATH
1
½BATH
5,982
SQFT
4250 Reserve Point
Colorado Springs, CO 80904
Kissing Camels Subdivision
$1,025,000
Townhouse For Sale
Active
3
BED
4
BATH
1
½BATH
5,603
SQFT
4140 Reserve Point
Colorado Springs, CO 80904
Kissing Camels Subdivision
$899,999
Condo For Sale
Active
3
BED
2
BATH
2,423
SQFT
34 Monument Street W #504
Colorado Springs, CO 80903
Downtown Central Subdivision
$764,900
Townhouse For Sale
Active
3
BED
6
BATH
2
½BATH
7,714
SQFT
2781 Fawn Grove Court
Colorado Springs, CO 80906
Broadmoor Subdivision
Price Change - 2 weeks ago
$760,000
Townhouse For Sale
Active
3
BED
4
BATH
1
½BATH
3,412
SQFT
1066 Summer Spring View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$749,000
Townhouse For Sale
Active
4
BED
4
BATH
5,278
SQFT
4025 Hermitage Drive
Colorado Springs, CO 80906
Pine Terrace Subdivision
$695,000
Townhouse For Sale
Active
3
BED
3
BATH
4,194
SQFT
720 Count Pourtales Drive
Colorado Springs, CO 80906
Broadmoor Heights Subdivision
$675,000
Townhouse For Sale
Active
4
BED
4
BATH
1
½BATH
3,374
SQFT
1285 Log Hollow Point
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
New Listing - 4 weeks online
$674,000
Townhouse For Sale
Active
4
BED
4
BATH
5,206
SQFT
1555 Laird Circle
Colorado Springs, CO 80906
Pine Terrace Subdivision
Price Change - a week ago
$665,000
Townhouse For Sale
Active
2
BED
4
BATH
2
½BATH
3,648
SQFT
1024 Summer Spring View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$659,000
Townhouse For Sale
Under Contract Showing
4
BED
4
BATH
1
½BATH
4,326
SQFT
3730 Chataway Court
Colorado Springs, CO 80906
Pine Terrace Subdivision
New Listing - yesterday
$615,000
Townhouse For Sale
Active
2
BED
3
BATH
1
½BATH
3,136
SQFT
2603 Spring Grove Terrace
Colorado Springs, CO 80906
Spring Grove Subdivision
New Listing - a week online
$615,000
Townhouse For Sale
Active
2
BED
2
BATH
3,227
SQFT
704 Count Pourtales Drive
Colorado Springs, CO 80906
Broadmoor Heights Subdivision
$599,000
Townhouse For Sale
Under Contract Showing
3
BED
4
BATH
1
½BATH
3,410
SQFT
4455 Governors Point
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$549,000
Townhouse For Sale
Active
3
BED
3
BATH
1
½BATH
2,220
SQFT
4421 Jewell Avenue E
Denver, CO 80222
University Village Subdivision
Price Change - a week ago
$525,000
Condo For Sale
Active
3
BED
3
BATH
2,250
SQFT
115 Canon Avenue
Manitou Springs, CO 80829
Manitou Springs Subdivision
$519,000
Townhouse For Sale
Under Contract Showing
3
BED
3
BATH
1
½BATH
3,336
SQFT
1530 Camel Drivers Lane
Colorado Springs, CO 80904
Kissing Camels Subdivision
$499,900
Condo For Sale
Active
2
BED
2
BATH
1,480
SQFT
101 Tejon Street N #380
Colorado Springs, CO 80903
Giddings Lofts Condos Subdivision
Price Change - 3 weeks ago
$493,850
Townhouse For Sale
Active
3
BED
4
BATH
1
½BATH
2,212
SQFT
58 Cheyenne Boulevard
Colorado Springs, CO 80905
Ivywild Subdivision