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How Much Does It Cost to Build a Townhouse Property?

Low
$77,250
Average Cost
$166,500
High
$312,500
(1,500 sq.ft. traditional-style townhouse)

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How Much Does It Cost to Build a Townhouse Property?

Low
$77,250
Average Cost
$166,500
High
$312,500
(1,500 sq.ft. traditional-style townhouse)

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A townhouse is an excellent option for people who want a smaller home that blends single-family living with condominium-style. Townhouses are less costly to build than single-family homes, and they offer many of the same benefits of single-family living for the owners. Their unique style and layout mean many townhouses can be built in smaller areas than would accommodate the same number of single-family residences.

Townhouses come in many sizes and styles, and with that comes a range of associated costs. The national average cost for building a single townhouse is $111,000 to $222,000, with most people paying around $166,500 for a 1,500 sq.ft. traditional-style townhouse, fully built. The lowest costs associated with townhouses are around $77,250 for a 750 sq.ft. townhouse with some modular construction, while the highest costs are around $312,500 for a 2,500 sq.ft. luxury townhouse in an urban area.

Cost to Build a Townhouse Property

Townhouse Property Building Costs
National average cost$166,500
Average range$111,000-$222,000
Minimum cost$77,250
Maximum cost$312,500


Updated: What's new?

Build a Townhouse Cost by Project Range

Low
$77,250
750 sq.ft. townhouse with some modular construction
Average Cost
$166,500
1,500 sq.ft. traditional-style townhouse
High
$312,500
2,500 sq.ft. luxury townhouse in an urban area

What Is a Townhouse?

Townhouses are single-family residences having two floors with the bedrooms upstairs and a living area and kitchen downstairs. They are built in rows, with each townhouse having one to two shared walls with the same row. They are typically governed by some condo or homeowner’s association, with shared costs for communal areas. Each owner is responsible for both the interior and exterior of their townhouse, including the grass, yard, and parking space.

Townhouse Construction Costs per Square Foot

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 cost per square foot around $111 for most average townhouses. For townhouses built in urban areas, costs are closer to $125 a square foot. These numbers tend to remain true regardless of how many units are being constructed, with four units at once being the average.

Cost to Build a Townhouse per Number of Units

Townhouses are constructed in groups, usually of four, five, or more at once. This means that when calculating costs, you need to consider the structure and cost per individual unit when the time comes for sale. Below are some of the average cost ranges for townhouses, assuming that each unit is around 1,500 sq.ft. in size, and each unit contains a garage.

Cost to Build a Townhouse

Cost to Build a Townhouse


Number of UnitsAverage Cost Range
1$166,500 - $187,500
4$666,000 - $750,000
5$832,500 - $937,500
Complex$1,000,000 - $1,200,000


Cost to Build a Townhouse

The average townhouse costs around $166,500 to build, assuming it is 1,500 sq.ft. For townhouses located in urban areas that often have more expensive building costs, the same townhouse would cost closer to around $187,500. This includes the unit, finished exterior and interior, and an attached one-car garage.

Cost to Build 4 Townhouses

Townhouses are usually built in groups, the most common size being four. A group of four townhouses, with each unit measuring 1,500 sq.ft. with a fully finished interior and exterior, and with each unit having an attached one-car garage, the costs would be $666,000 to $750,000, depending on the area.

Cost to Build 5 Townhouses

Groups of five townhouses are also fairly common. Assuming that each unit within this grouping measures 1,500 sq.ft. and each unit is fully finished on both the interior and exterior with a single-car garage, total costs would be $832,500 to $937,500, depending on the area that the townhouses are located in.

How Much Does It Cost to Build a Townhouse Complex?

A townhouse complex usually consists of a minimum of 4 or 5 units and some shared communal areas, such as a yard, landscaping, and parking. There may also be other shared amenities, such as a gym or community pool. This variation means many variables in the overall cost. However, for the average complex of 5 units, some shared spaces, and basic landscaping with a communal recreation center on-site, expect total costs of $1,000,000 to $1,200,000 for the entire project.

Townhouse Cost by Type

Townhouses come in several different styles and configurations. These can be generally grouped into three different types, with variations in general style, size, and layout. While most people are familiar with the traditional style, both stacked and urban townhouses can be found in many areas.


Townhouse Prices


Townhouse StyleAverage Costs
Traditional$111 - $125/sq.ft.
Stacked$120 - $130/sq.ft.
Urban$135 - $150/sq.ft.

Traditional Townhouse

The traditional townhouse is the most 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 one to two walls with other townhouses in the building. These cost $111 to $125 a square foot to build, depending on the area.

Stacked Townhouses

The stacked townhouse is less common but can be found in some more populated areas. It has the same basic idea of the traditional townhouse but has one townhouse stacked on top of another, doubling the number of townhouses within one row. This means that the building is four stories high in total, rather than two. These townhouses cost between $120 to $130 a square foot to build on average.

Urban Townhouse

Urban townhouses are laid out similarly to the traditional model but are more contemporary in style and layout. They may be larger and have more open floor plans. Their exteriors are designed to blend in with urban areas, and they often have unique and innovative styles. Due to their locations and the more dramatic exteriors and layouts, they tend to be more expensive at $135 to $150 a square foot.

Townhouse Construction Cost Breakdown

Like any construction project, there are many professionals and components involved in building a townhouse. While every project is different, it is possible to get a general breakdown of the costs involved to see where your money is going during the building of the townhouse.

Modular Townhouse Prices

Modular building is a type of construction done off-site in a controlled environment. The house or building is constructed in sections, which are brought to the job site and assembled. This is often a faster and less expensive building because the construction takes place indoors with no weather or delays. This can mean a square foot cost closer to $103 a square foot on average for townhouses. This makes the total cost of around $154,500 for a 1,500 sq.ft. unit, rather than the typical cost of $166,500.


Row of the new townhouses in Richmond


Average Townhouse Size

Townhouses are typically smaller than typical single-family homes. They have an average range of 750 sq.ft. to 2,000 sq.ft., with most falling between 1,500 sq.ft. and 1,700 sq.ft. on average. This does not include potentially finished basements, which some townhouses have.

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 one shared wall. This means you have greater control over your space and its appearance, but you are also impacted by the decisions of those around you. Townhouses usually have a homeowner’s association of some type. This may include some communal or shared spaces and management, which can free you up from some typical maintenance like snow shoveling. However, this means you need to work with others to agree on how things should be done.

Townhouse vs Condo

Many people compare living in a townhouse with living in a condo because both are shared spaces with some association governing the shared areas. There are some key differences between them, however. In a condo, you are responsible for your living space’s 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 only communal areas are maintained and overseen by the homeowner’s association. This means greater autonomy in a townhouse but also more personal maintenance, upkeep, and potential repairs.

Condos often have higher association fees than townhouses, but their costs can overlap, depending on the policy.

Rowhouse vs Townhouse

Rowhouses and townhouses are similar in terms of construction, costs, and homeowner fees. The biggest difference is in the way they are arranged and laid out. Rowhouses are generally in a straight row. There may be some variation from one to the next, but they are generally identical in exterior appearance. Townhouses can be arranged in different ways, with some set back slightly or stacked above one another. They also vary more in size and appearance from one to another vs a rowhouse.

Enhancements and Improvement Costs

Interior Designer

Townhouses are not the largest homes, so making good use of every inch makes the space larger. Interior designers help with this and decorating. The average cost to hire an interior designer is between $75 and $450 an hour.

Townhouse Deck Cost

Some townhouses may have decks overlooking their backyard, particularly if the yard is more communal because having a deck gives personal space. The average cost of deck construction for a townhouse is around $7,000 to $8,000, depending on the size and materials.

Additional Considerations and Costs

  • Townhouses do not always have 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.
  • Your HOA can have a lot of positives and negatives, which vary from townhouse to townhouse. Always get a list of what the rules are for the association before you move in.
  • Townhouse construction makes up roughly 13% to 15% of the single-family housing market. This trend shows overall growth from year to year, with only building recessions showing a slowdown in the market. This makes a townhouse a good investment for those looking for smaller homes.

FAQs

  • How many townhouses can fit on an acre?

The average number of townhouses per acre is roughly 20, 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, and energy-efficiency. Overall, they tend to be lower in a townhouse than in a single-family home.

  • Should I buy a townhouse or single-family home?

This is a personal decision. Both have pros and cons to consider, with townhouses being typically less expensive to build and buy than single-family homes, but you live right next to your neighbors with little space.

  • 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 you, and you have an HOA dictating the communal spaces from parking and walkways to the use of recreational areas.

Cost to build a townhouse property varies greatly by region (and even by zip code). To get free estimates from local contractors, please indicate yours.

Updated:
The information provided by our cost guides comes from a great variety of sources, including specialized publications and websites, cost studies, U.S. associations, reports from the U.S. government, contractors and subcontractors, material suppliers, material price services, and other vendor websites. For more information, read our Methodology and sources.
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Cost to build a townhouse property varies greatly by region (and even by zip code). To get free estimates from local contractors, please indicate yours.

The information provided by our cost guides comes from a great variety of sources, including specialized publications and websites, cost studies, U.S. associations, reports from the U.S. government, contractors and subcontractors, material suppliers, material price services, and other vendor websites. For more information, read our Methodology and sources.