As a townhouse owner, you’ll be responsible for all maintenance, both inside and out. This means you’ll need to budget for annual costs that typically range from $2,000 to $5,000 for exterior and interior upkeep.
Regular townhouse maintenance includes things like roof inspections every 3-5 years, monthly yard maintenance, and exterior painting every 5-7 years. You’ll also need to budget for biannual HVAC maintenance, which can cost between $150 and $300 per visit, and gutter cleaning 2-4 times per year, depending on tree coverage.
Other maintenance tasks to consider include exterior pressure washing every 1-2 years, window maintenance and replacement, and pest control services, which can average between $300 and $600 annually.
If your townhouse has a lawn, you’ll need to factor in the cost of lawn care equipment or services, which can range from $500 to $2,000 per year. And if you live in an area with snow, you’ll need to budget for snow removal equipment or services, which can vary in cost by region. Finally, keep in mind that you may need to budget for foundation maintenance every 5-10 years, depending on the age and condition of the property.
While townhouse owners have more control over the maintenance of their properties, it’s important to factor in the additional time and costs associated with these responsibilities when deciding between a condo and a townhouse.