Condominiums are apartments that are owned, instead of rented, and are often, therefore, more luxurious. Townhouses may have the same floor space as a suburban home, but it is on a smaller lot and is often multiple stories. Both types of residences are typically found in densely populated areas of a city. Condominiums and townhouses require specific contractors to design and build the structures. Contractors that specialize in these types of structures are more common in urban areas where this type of housing is more popular.
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