Condos vs. Townhomes vs. Single-Family Homes: Which Is Right for You in Utah?

Buying a home is one of the biggest decisions you’ll ever make — and in Utah, the options are as diverse as the landscapes. From downtown Salt Lake condos to townhomes in Utah County to single-family homes in Ogden or St. George, each choice comes with trade-offs. At Banner Real Estate Agents, we help clients weigh the pros and cons so they find the right fit for their lifestyle and budget.

Condos

What They Are:
Units within a larger building or complex, often with shared amenities like pools, gyms, or security.

Pros:

• Lower price point compared to townhomes and single-family homes.

• Minimal maintenance — the HOA typically handles landscaping, exterior repairs, and common areas.

• Amenities like fitness centers or clubhouses can add lifestyle perks.

• Great for busy professionals or those who want “lock-and-leave” convenience.

Cons:

• Monthly HOA fees can be high.

• Less privacy (shared walls, neighbors above/below).

• Limited ability to customize exterior or common spaces.

• Appreciation rates may be slower compared to single-family homes.

Best Fit:
First-time buyers, downsizers, or anyone wanting low-maintenance living close to urban centers like Salt Lake City.

Townhomes

What They Are:
Multi-level homes that share walls with neighbors but typically have their own entrance and small yard/patio.

Pros:

• More space than most condos, often with multiple bedrooms and bathrooms.

• Lower price than single-family homes.

• Some ownership of outdoor space (small yard, patio, or garage).

• HOAs usually handle exterior upkeep, which reduces maintenance responsibilities.

Cons:

• Still share walls with neighbors (less privacy than single-family).

• HOAs may limit customization and charge monthly fees.

• Outdoor space is usually limited compared to detached homes.

Best Fit:
Young families, couples, or first-time buyers who want a balance between affordability and space — common in growing Utah communities like Lehi, Herriman, and Layton.

Single-Family Homes

What They Are:
Detached houses on their own lot — maximum independence and space.

Pros:

• Complete control over your property and improvements.

• More privacy — no shared walls.

• Larger yards for kids, pets, or gardening.

• Typically higher resale values.

Cons:

• Higher purchase price compared to condos or townhomes.

• All maintenance (yard work, snow removal, repairs) is your responsibility.

• Utilities, property taxes, and insurance can be more expensive.

Best Fit:
Families who want space, privacy, and long-term investment potential. Popular in suburbs and rural Utah areas like Farmington, South Jordan, or Cache Valley.

Banner’s Advice

• Condos are great for lifestyle and affordability.

• Townhomes are a middle ground — affordable space with less maintenance.

• Single-family homes offer freedom, privacy, and stronger long-term appreciation.

At Banner Real Estate Agents, we’ll help you compare your options side-by-side so you find a home that fits your budget, lifestyle, and long-term goals.