I have not owned a town home but I have owned a couple of condos. A town home will typically have less maint. than a house. (No lawn to mow) and that kind of thing. It is perfect for a busy hard working person. It leaves more time for hobbies. Make sure you look hard at any deed restrictions (such as dogs and age rest.) Also many town homes have association fees. But they usually include ammenities such as pool, lawn care and trash p/u. Another thing to consider is that town homes usually do not appreciate as fast.