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.

$217,000
Townhouse For Sale
Under Contract Showing
3
BED
3
TOTAL BATHS
1,632
SQFT
4706 Painted Sky View
Colorado Springs, CO 80916
Silver Hawk Subdivision
$154,900
Condo For Sale
Under Contract Showing
3
BED
3
TOTAL BATHS
1,849
SQFT
1246 Cree Drive
Colorado Springs, CO 80915
Cimarron Hills Subdivision
New Listing - 2 days online
$1,925,000
Townhouse For Sale
Active
2
BED
4
TOTAL BATHS
4,496
SQFT
2922 Carriage Manor Point
Colorado Springs, CO 80906
Broadmoor Subdivision
$975,000
Townhouse For Sale
Under Contract Showing
5
BED
5
TOTAL BATHS
4,641
SQFT
3590 Camels Ridge Lane
Colorado Springs, CO 80904
Kissing Camels Subdivision
New Listing - 10 hours online
$795,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
4,434
SQFT
3160 Sheiks Place
Colorado Springs, CO 80904
The Park Subdivision
$745,000
Townhouse For Sale
Under Contract Showing
3
BED
3
TOTAL BATHS
2,407
SQFT
3620 Camels Ridge Lane
Colorado Springs, CO 80904
Kissing Camels Subdivision
$725,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
5,278
SQFT
4025 Hermitage Drive
Colorado Springs, CO 80906
Pine Terrace Subdivision
$699,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
4,194
SQFT
705 Count Pourtales Drive
Colorado Springs, CO 80906
Broadmoor Heights Subdivision
New Listing - 2 weeks online
$695,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,438
SQFT
1226 Hill Circle
Colorado Springs, CO 80904
Kissing Camels Subdivision
$687,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
3,346
SQFT
1275 Log Hollow Point
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$675,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
3,648
SQFT
940 Summer Spring View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
$674,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
5,206
SQFT
1555 Laird Circle
Colorado Springs, CO 80906
Pine Terrace Subdivision
Price Change - 2 weeks ago
$655,000
Townhouse For Sale
Active
2
BED
4
TOTAL BATHS
3,648
SQFT
1024 Summer Spring View
Colorado Springs, CO 80906
Broadmoor Resort Community Subdivision
New Listing - 2 weeks online
$599,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,756
SQFT
102 S Union Avenue
Pueblo, CO 81003
Union Historical Subdivision
New Listing - 2 weeks online
$585,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
4,177
SQFT
2838 Tenderfoot Hill Street
Colorado Springs, CO 80906
Oakmont Subdivision
$585,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,768
SQFT
108 N Tejon Street #A
Colorado Springs, CO 80903
Downtown Central Subdivision
$570,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
3,081
SQFT
39 Crystal Park Road
Manitou Springs, CO 80829
Cielito Lindo Subdivision
New Listing - 2 weeks online
$479,900
Townhouse For Sale
Active
4
BED
3
TOTAL BATHS
3,020
SQFT
1302 Mirrillion Heights
Colorado Springs, CO 80904
The Lofts At Mirrillion Subdivision
New Listing - 4 days online
$461,569
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
3,030
SQFT
8916 Birch Run Lane
Parker, CO 80134
Unknown Subdivision
Price Change - 12 hours ago
$449,900
Townhouse For Sale
Active
4
BED
3
TOTAL BATHS
2,834
SQFT
1841 Bel Lago View
Monument, CO 80132
Monument Subdivision