Cost of Townhouse Vs Single Family to Build
In this guide
What Is a Townhouse?
2022 Notice: The Effect of the Pandemic on the Construction Manufacture
Townhouse Construction Cost past Type
Townhouse Construction Costs per Square Foot
Cost to Build a Townhouse per Number of Units
Townhouse Cost by Style
Townhouse Construction Toll Breakdown
Pros and Cons of Living in a Townhouse
Townhouse vs Condo
Rowhouse vs Townhouse
Enhancement and Comeback Costs
Additional Considerations
FAQs
References
What Is a Townhouse?
Townhouses are single-family unit residences having two floors with the bedrooms upstairs and a living area and kitchen downstairs. They are built in rows, with each townhouse having ane to two shared walls with the same row. While these are single-family unit homes, they tend to be smaller than average. They fall between 750 and 2,000 sq.ft., with most being around 1,500 to 1,700 sq.ft. Some townhouses may as well take finished basements, which are not included in this gauge.
Townhouses are typically governed past some condo or homeowner'south clan, with shared costs for communal areas. Each owner is responsible for both the interior and outside of their townhouse, including the grass, yard, and parking space. According to a report done by the National Association of Home Builders, the number of new townhouse builds has been declining in the by years. In 2018, the number of new single-family unit constructions represented 14%, while in 2020 they represented simply 11%.
2022 Observe: The Effect of the Pandemic on the Construction Industry
The pandemic has had a serious impact on many industries, including structure. Overall structure costs have risen over the past year, with another projected increase of 4% to vii% for 2022. This impacts all construction types, including townhouses.
The costs of many materials used in townhouse construction, including lumber, drywall 1 , concrete, and glass, have fluctuated and risen over the past two years, which will non settle any time shortly.
While townhouses are not constructed at the same rate as other single-family homes, the continued housing shortage can mean higher demand for builders. This can pb to delays in all types of residential construction, including townhouses.
For anyone looking to commencement structure on a new townhouse in 2022, information technology is recommended to sign a contract soon to assistance lock in costs earlier they rise and avoid possible delays.
Townhouse Construction Cost by Type
Similar whatever construction type, your townhouse tin can be built in two principal means. The showtime method is stick-building, which is the more than traditional type. In this method, the townhouse is synthetic on-site. The second method is modular edifice, where almost of the construction happens off-site in a controlled surroundings. Finished sections of the building are transported to the chore site and assembled. This means the townhouse can be congenital more quickly and often for less money than traditional stick-building.
Both methods have many of the same fashion, size, and fabric options, but your selection may come down to availability and toll.
Below are the average costs to build a townhouse using both construction methods.
| Structure Type | Average Costs (Labor Included) |
|---|---|
| Modular | $75,000 - $187,000 |
| Stick Building | $115,500 - $237,500 |
Modular
Building a townhouse using modular construction costs $75,000 to $187,000. Not all townhouses tin can exist built completely modularly. If i section is modular, the entire row must be because townhouses are frequently connected. If a section is stick-built, information technology tin be hard to add to this using modular construction. Therefore, you demand to find a firm specializing in this style of modular edifice. Costs vary depending on whether you opt for a prefab or custom design.
Stick Building
The average toll to build a townhouse using traditional methods is $115,500 to $237,500. Stick building is the most common fashion to build this home type, but modular edifice is increasing in popularity. Stick edifice means all the units are synthetic on-site. This allows for greater flexibility and customization betwixt the units, which is more difficult to reach with modular engineering science. However, it is more expensive, and the build is subject to bug similar weather delays. Costs also vary for stick building, depending on the materials, location, and overall style and blueprint.
Townhouses are generally less costly to build overall than single-family homes. The shared walls and building style often means that the interior layouts tend to be more similar, making this a less challenging and often faster build. This makes the average price per square foot effectually $110 to $135 for most average townhouses, with townhouses built in urban areas having the highest costs. For modular construction, costs are usually lower, betwixt $seventy and $110 a sq.ft. for nearly projects. These numbers tend to remain true for both structure types regardless of how many units are being constructed, with 4 units at once being the average.
Beneath are the boilerplate costs to build a townhouse in the about common sizes for both construction types.
| Size | Boilerplate Costs (Traditional Structure) | Average Costs (Modular Construction) |
|---|---|---|
| 750 sq.ft. | $82,500 - $101,250 | $52,500 - $82,500 |
| i,000 sq.ft. | $110,000 - $135,000 | $70,000 - $110,000 |
| one,500 sq.ft. | $165,000 - $202,500 | $105,000 - $165,000 |
| 1,700 sq.ft. | $187,000 - $229,500 | $119,000 - $187,000 |
| 2,000 sq.ft. | $220,000 - $270,000 | $140,000 - $220,000 |
| 2,250 sq.ft. | $247,500 - $303,750 | $157,500 - $247,500 |
| 2,500 sq.ft. | $275,000 - $337,500 | $175,000 - $275,000 |
Cost to Build a Townhouse per Number of Units
Townhouses are constructed in groups, usually of four, five, or more than at once. This means that when calculating costs, yous need to consider the structure and cost per individual unit when the fourth dimension comes for sale. The price of the unit tends to stay the same no affair how many units you lot construct. Most townhouse rows or groups take similar structure materials and styles, significant you do not accept ane more luxurious than the others, throwing off the cost. Below are some of the average price ranges for townhouses using both traditional and modular building methods, assuming that each unit is effectually 1,500 sq.ft. in size, and each unit contains a garage.
| Number of Units | Average Cost Range (Stick-Built) | Average Cost Range (Modular) |
|---|---|---|
| ane Unit of measurement | $165,000 - $202,500 | $105,000 - $165,000 |
| four Units | $660,000 - $810,000 | $420,000 - $660,000 |
| 5 Units | $825,000 - $1,012,500 | $525,000 - $825,000 |
| Complex | $1,040,000 - $1,270,000 | $750,000 - $1,040,000 |
Price to Build a Townhouse
The boilerplate townhouse costs $165,000 to $202,500 to build using traditional construction. The aforementioned townhouse congenital using modular construction costs $105,000 to $165,000. Townhouses are rarely built singularly. They are synthetic in groups with shared walls to keep costs down compared to other unmarried-family unit homes. These are the typical costs to build a unmarried unit, still. This is a skilful base toll for determining larger projects because costs tend to stay the same per unit.
Toll to Build 4 Townhouses
The average cost to build 4 townhouses is $660,000 to $810,000 for traditional construction. The average cost to build four townhouses using modular structure is $420,000 to $660,000. Townhouses are usually built in groups, the most mutual size being 4. The shared walls and covering help go on costs down over other types of single-family homes. These costs are for a completely finished group of townhouses, including interior and exterior finishing.
Toll to Build five Townhouses
The price to build a group of v townhouses is $825,000 to $1,012,500 for traditional construction. The cost of building a group of 5 townhouses using modular construction averages $525,000 to $825,000. Groups of five townhouses are also fairly common. Even in larger complexes, yous often have rows of four to 5 townhouses grouped together. These costs presume each townhouse is fully finished and has a single-machine garage.
How Much Does It Cost to Build a Townhouse Complex?
The average cost to build a townhouse circuitous using traditional building methods is $1,040,000 to $ane,270,000. The average cost to build a townhouse complex using modular building is $750,000 to $1,040,000. A townhouse complex commonly consists of a minimum of 4 or 5 units and some shared communal areas, such equally a yard, landscaping, and parking. There may also be other shared amenities, such equally a gym or customs pool. This variation means many variables in the overall cost. Proceed in mind that with modular construction, only the edifice has lower costs. The parking, landscaping, and other customs amenities have the aforementioned costs as with traditional building methods.
Townhouse Cost by Style
While the traditional style is the most common and familiar, they come in several different styles and configurations. These tin be generally grouped into iii different types, with variations in general manner, size, and layout. The near common is traditional, which arranges the townhouses in rows side by side. This is the most toll-effective and mutual building method.
The stacked townhouse is arranged side by side in rows but has two townhouses in each section, i on top of the other. Yous too find in urban areas what is known as the urban mode. Information technology is also laid out in rows, but they tend to be larger, with wider interiors and exteriors matching their environs. With the wider interiors and urban exteriors, these are the most expensive to build.
Below are the average costs per square foot using both building methods for each of the three styles.
| Mode | Average Costs per Sq.Ft. (Stick-Built) | Boilerplate Costs per Sq.Ft. (Modular) |
|---|---|---|
| Traditional | $110 - $135 | $70 - $110 |
| Stacked | $125 - $140 | $85 - $115 |
| Urban | $145 - $170 | $120 - $150 |
Traditional Townhouse
The boilerplate price of a traditional townhouse is $110 to $135 a sq.ft. for stick-built homes. The average cost for modular building is $70 to $110 a sq.ft. The traditional townhouse is the almost common and easily recognized of this type of dwelling. Traditional townhouses are usually two floors, with bedrooms upstairs and living spaces downstairs. They may have finished basements, and often have garages and sometimes yards. They share 1 to two walls with other townhouses in the building.
Stacked Townhouses
The average cost to build stacked townhouses using traditional edifice methods is $125 to $140 a sq.ft. The average price to build using modular techniques is $85 to $115 a sq.ft. The stacked townhouse is less common only tin can be found in some more populated areas, and are quite popular in faraway suburbs. Information technology has the same basic idea of the traditional townhouse but has i townhouse stacked on top of another, doubling the number of townhouses within one row. This means that the building is 4 stories loftier in total, rather than ii. Both houses accept doors onto the street, and the garages are in an aisle behind.
Urban Townhouse
The boilerplate cost to build an urban townhouse is $145 to $170 a sq.ft. The cost to build using modular construction is $120 to $150 a sq.ft. Urban townhouses are laid out similarly to the traditional model but are more contemporary in way and layout. They may be larger and have more than open up floor plans. Their exteriors are designed to blend in with urban areas, and they oft have unique and innovative styles. Due to their locations and the more than dramatic exteriors and layouts, they tend to be more than expensive.
Townhouse Construction Toll Breakdown
Similar whatever construction project, many professionals and components are involved in building a townhouse. While every project is unlike, you can become a basic sense of the structure cost breakdown by assuming average materials used in a moderate one,500 sq.ft. townhouse built in a traditional way. Non every projection uses the same components, impacting the project cost.
Modular costs intermission downwardly differently than traditional stick building costs. Y'all tin can become a sense of how these costs break down in our Modular Dwelling house Guide. Below is the average cost breakdown of a single townhouse using traditional building methods.
| Projection Area | Average Costs |
|---|---|
| Architect Fees (Added to Total) | $17,325 - $30,375 |
| Structural Engineer (Added to Total) | $500 - $xx,000 |
| Contractor Fees (Added to Total) | $41,250 - $l,625 |
| Foundation | $14,850 - $xviii,225 |
| Floor Structure | $19,800 - $24,300 |
| Walls and Exterior Finish | $9,900 - $24,300 |
| Roof | $sixteen,500 - $20,250 |
| Windows and Doors | $8,250 - $10,125 |
| Interior Finish | $9,900 - $xx,250 |
| Flooring | $4,950 - $ten,125 |
| Interior Features | $iv,950 - $10,125 |
| Bathrooms | $vi,600 - $viii,100 |
| Kitchens | $13,200 - $16,200 |
| Electrical | $16,500 - $20,250 |
| Plumbing | $nineteen,800 - $24,300 |
Pros and Cons of Living in a Townhouse
Townhouses are a blend between single-family home living and condominium living. In a townhouse, you are responsible for your property's interior and exterior, but you have at least i shared wall. This means yous have greater control over your infinite and its advent, but you are as well impacted by the decisions of those effectually y'all. One of the advantages of living in a townhouse is that the maintenance of common areas volition likely be covered by the HOA. However, these HOA fees tin can exist quite expensive. Another benefit is that it will give you a sense of customs and will as well give you access to some common surface area civilities, similar a shared pool or a clubhouse.
Townhouse vs Condo
Many people compare living in a townhouse with living in a condo because both are shared spaces with some clan governing the shared areas. At that place are some cardinal differences between them, notwithstanding. In a condo, yous are responsible for your living space'southward interior, while the exterior is maintained and overseen by the condo association. In a townhouse, you are responsible for the interior and exterior of your home, and merely communal areas are maintained and overseen by the homeowner's clan. This means greater autonomy in a townhouse merely as well more personal maintenance, upkeep, and potential repairs. Townhouses too offer more privacy than condos, as you volition only have neighbors on either side of yous, not higher up and beneath too. While townhouses always have split up entrances, condos come up in more than configurations. This includes some very large complexes with shared exterior entrances, hallways, and stairwells. This means they can have many more than layouts than townhouses.
Condos often accept college clan fees than townhouses, merely their costs can overlap, depending on the policy. Condos tend to be less costly to build per unit of measurement, but yous frequently have more units per building. Beneath are the boilerplate per unit costs for both projects.
| Dwelling house | Average Costs (Labor Included) |
|---|---|
| Condo | $75,000 - $150,000 |
| Townhouse | $115,000 - $237,500 |
Rowhouse vs Townhouse
If y'all consider building a group of connected residences, rowhouses and townhouses offer many of the same benefits. Both are laid out in connecting rows of iv to five homes and treated the same manner. Each homeowner has their own entrance and takes care of their property. They have the same costs to build and similar costs for homeowner fees.
The biggest difference is in the mode they are arranged and laid out. Rowhouses are more often than not in a directly row, while townhouses tin can take more variation in shape. At that place may exist some variation from one to the next in rowhouses, but they are generally identical in outside advent. Townhouses can exist arranged in different ways, with some ready back slightly or stacked above 1 another. They also vary more in size and appearance from ane to another versus a rowhouse, which has few differences between each home.
Enhancement and Improvement Costs
Interior Designer
Townhouses are non the largest homes, so making skilful employ of every inch makes the space larger. Interior designers help with this, decorating, and space layout. Yous should ideally hire 1 before starting the project. The average toll to rent an interior designer is between $50 and $450 an 60 minutes.
Townhouse Deck Cost
Some townhouses may have decks overlooking their lawn, particularly if the thousand is more communal considering having a deck gives personal infinite. The average cost of deck structure for a townhouse is around $7,500 to $9,000, depending on the size and materials.
Additional Considerations and Costs
- Parking. Townhouses do not always take parking for moving trucks and deliveries. You need to check with the HOA before moving or having something delivered to find the most appropriate places for trucks to park. Yous may also have limited parking for guests.
- HOA. Your HOA can have a lot of positives and negatives, which vary from townhouse to townhouse. Always go a list of what the rules are for the association before you move in. It is required to sign HOA paperwork earlier purchasing a townhouse.
- Market growth. Townhouse construction makes up roughly 13% to 15% of the single-family housing market. This trend shows overall growth from twelvemonth to year, with but building recessions showing a slowdown in the market. This makes a townhouse a good investment for those looking for smaller homes, and construction of many homes tin can be a benefit in the current market place.
FAQs
- How many townhouses can fit on an acre?
This varies depending on the layout, landscaping, and amenities. The average number of townhouses per acre is roughly twenty, depending on the total size of the units.
- How much are utilities in a townhouse?
This depends on the cost of utilities in your area, townhouse size, personal usage, free energy-efficiency, and how you program to oestrus and cool the home. Overall, they tend to be lower in a townhouse than in a single-family home.
- Should I buy a townhouse or single-family unit habitation?
This is a personal decision. Both have pros and cons to consider, with townhouses being typically less expensive to build and purchase than single-family homes, simply you live correct adjacent to your neighbors with niggling space. Townhouses are virtually always part of an HOA, while single-family unit homes may or may not exist, depending on the surface area.
- What are the disadvantages of living in a townhouse?
The biggest disadvantages of living in a townhouse are the shared areas. Your neighbors have shared walls with y'all, and you take an HOA dictating the communal spaces from parking and walkways to the use of recreational areas. This tin often issue in higher yearly fees than other unmarried-family unit homes.
- Bankrate. "What is a townhouse?"
https://world wide web.bankrate.com/real-estate/what-is-a-townhouse/ - Builder. "Townhouse Construction Keeps Growing."
https://world wide web.builderonline.com/money/economic science/townhouse-construction-keeps-growing_o - Craftsman Volume Company. National Structure Calculator, 69th ed., Ed. by Richard Pray (Carlsbad, CA, 2021).
- FIXR Toll Guides and Cost Database.
- Fixr.com. "Single-Family Dwelling Trends 2021: Construction and Remodeling Written report."
https://www.fixr.com/blog/2021/05/24/single-family unit-home-trends-2021/ - Greater Greater Washington. "In praise of the stacked townhouse."
https://ggwash.org/view/42112/in-praise-of-the-stacked-townhouse - Homes.com "The Pros and Cons of Buying a Townhome or Rowhouse."
https://www.homes.com/blog/2016/06/pros-cons-ownership-townhome-rowhouse/ - KHOV.COM. "What is the Divergence Between a Condo and a Townhouse?"
https://world wide web.khov.com/blog/differences-betwixt-condo-and-townhouse/ - NAHB. "Townhouse Construction Decline Continues."
https://eyeonhousing.org/2020/eleven/townhouse-construction-decline-continues/ - Nationwide. "Condo vs. Townhouse: What's the Divergence?"
https://weblog.nationwide.com/condo-vs-townhouse/ - Realtor. "What Is a Townhouse? An Ideal Home for Get-go-Time Buyers."
https://www.realtor.com/advice/buy/what-is-a-townhouse/ - The Washington Postal service. "Opinion: Stacked townhouses fill an important housing niche."
https://www.washingtonpost.com/blogs/all-opinions-are-local/wp/2016/07/20/stacked-townhouses-make full-an-important-housing-niche/ - Toronto Star. "The urban townhouse comes of age."
https://www.thestar.com/life/homes/2013/08/23/the_urban_townhouse_comes_of_age.html
Remodeling Terms Cheat Sheet
Definitions in laymen's terms, cost considerations, pictures and things you need to know.
Come across full crook sheet.
one Drywall: Blazon of plasterboard, commonly used to build walls and ceilings, composed of gypsum that is layered between sheets of heavy paper
Source: https://www.fixr.com/costs/build-townhouse
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