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.

$329,500
For Sale
3
Beds
3
Baths
2,480
Sq Ft
10604 Silverton Creek Point
Colorado Springs, CO 80908
Single Family HomeTownhouse - Under Contract Showing
$200,000
For Sale
2
Beds
3
Baths
1,928
Sq Ft
234 Rockrimmon Boulevard W #A
Colorado Springs, CO 80919
Single Family HomeTownhouse - Under Contract Showing
$1,800,000
For Sale
3
Beds
4
Baths
4,515
Sq Ft
2934 Carriage Manor Point
Colorado Springs, CO 80906
Single Family HomeTownhouse - Active
$1,595,000
For Sale
2
Beds
4
Baths
4,515
Sq Ft
2885 Carriage Manor Point
Colorado Springs, CO 80906
Single Family HomeTownhouse - Active
$1,025,000
For Sale
3
Beds
4
Baths
5,603
Sq Ft
4140 Reserve Point
Colorado Springs, CO 80904
Single Family HomeTownhouse - Active
New Listing - a week online
$950,000
For Sale
3
Beds
2
Baths
2,423
Sq Ft
34 Monument Street W #504
Colorado Springs, CO 80903
Single Family HomeCondo - Active
$750,000
For Sale
3
Beds
2
Baths
2,423
Sq Ft
34 Monument Street W #204
Colorado Springs, CO 80903
Single Family HomeCondo - Active
New Listing - 4 weeks online
$695,000
For Sale
3
Beds
3
Baths
4,194
Sq Ft
720 Count Pourtales Drive
Colorado Springs, CO 80906
Single Family HomeTownhouse - Active
$675,000
For Sale
3
Beds
4
Baths
3,410
Sq Ft
4430 Carriage House View
Colorado Springs, CO 80906
Single Family HomeTownhouse - Under Contract Showing
$667,500
For Sale
2
Beds
4
Baths
3,648
Sq Ft
1024 Summer Spring View
Colorado Springs, CO 80906
Single Family HomeTownhouse - Active
$659,000
For Sale
4
Beds
4
Baths
4,326
Sq Ft
3730 Chataway Court
Colorado Springs, CO 80906
Single Family HomeTownhouse - Under Contract Showing
$599,000
For Sale
3
Beds
4
Baths
3,410
Sq Ft
4455 Governors Point
Colorado Springs, CO 80906
Single Family HomeTownhouse - Active
$589,000
For Sale
3
Beds
5
Baths
4,954
Sq Ft
4473 Echo Drive
Larkspur, CO 80118
Single Family HomeCondo - Active
New Listing - 3 weeks online
$538,000
For Sale
3
Beds
3
Baths
2,250
Sq Ft
115 Canon Avenue
Manitou Springs, CO 80829
Single Family HomeCondo - Active
$525,000
For Sale
3
Beds
3
Baths
3,116
Sq Ft
1520 Camel Drivers Lane
Colorado Springs, CO 80904
Single Family HomeTownhouse - Active
Price Change - 7 days ago
$519,000
For Sale
3
Beds
3
Baths
3,336
Sq Ft
1530 Camel Drivers Lane
Colorado Springs, CO 80904
Single Family HomeTownhouse - Active
Price Change - 2 weeks ago
$509,900
For Sale
2
Beds
2
Baths
1,480
Sq Ft
101 Tejon Street N #380
Colorado Springs, CO 80903
Single Family HomeCondo - Active
New Listing - 2 weeks online
$500,000
For Sale
4
Beds
3
Baths
3,790
Sq Ft
12903 Cupcake Heights
Colorado Springs, CO 80921
Single Family HomeTownhouse - Active
$487,948
For Sale
3
Beds
4
Baths
1,684
Sq Ft
34 Cheyenne Boulevard
Colorado Springs, CO 80905
Single Family HomeTownhouse - Under Contract Showing
$485,000
For Sale
3
Beds
3
Baths
3,192
Sq Ft
9611 Carriage Creek Point
Colorado Springs, CO 80920
Single Family HomeTownhouse - Active