Townhouse Replaces Rowhouse Structure Type
As you navigate REcolorado Matrix, you’ll notice a new Structure Type: Townhouse. Townhouse replaced Rowhouse in REcolorado Matrix to reflect how brokers and consumers frequently refer to this type of structure.
What is Changing?
Any listing that had Rowhouse selected will now appear with the new Townhouse Structure Type.
Saved Searches and Auto Emails that include criteria for Structure Type have updated the Rowhouse selection to the new Townhouse option.
Additionally, IDX vendors have been notified about this change. All Active and Pending status listings should also be updated on IDX websites to reflect the change from Rowhouse to Townhouse.
Townhouse Property Subtype vs. Townhouse Structure Type
The term Townhouse appears under both Property Subtype and Structure Type.
Property Subtype is defined by the type of ownership. If the legal description includes Townhome, TWN, TWHM, or a variant thereof, the Property Subtype should be Townhouse.
Learn more about Condo, Townhouse, and Multi-Family Property Subtypes >>
Structure Type describes how the property looks. Townhouse is replacing the current structure type called Rowhouse. A townhouse is defined by RESO as, “a dwelling unit, generally having two or more floors and attached to other similar units via party walls.”
Property Type, Property Subtype, and Structure Type
- Use the Dictionary of Property Types to help you select the correct Property Type and Subtype.
- According to RESO, the Property Subtype is defined by the type of ownership, which can be determined by the legal description or how the property is deeded.
- The Structure Type describes the structure in which the unit/property is located, or the physical appearance of the property. Selecting the correct Property Subtype will give you applicable structure types.
If you have questions about this change, please contact REcolorado Customer Care at support@REcolorado.com.
There is a lot of confusion over TOWNHOMES. We had to enter a listing at 15526 W. 64th Loop #D as a rowhome under multi-family since townhome wasn’t part of the legal description. I just searched for all townhomes in Arvada and only 7 came up and my listing was NOT one of them.
Changing the Rowhome Structure Type to Townhome isn’t going to help because we’ll still have the same issue with the PROPERTY SUBTYPE being Multi-family, correct?. People don’t know to search for Multi-Family when they’re really looking for townhomes. Multi-family has always been income-type property where the buyer is looking for a property with multiple units.
Multi-family is the correct subtype because the property does not have townhome in the legal description. For more information on property types please visit our Dictionary of Property Types Guide. Additionally, the Rowhouse Structure Type has been replaced with Townhouse. All listings that previously had Rowhouse have been updated to have Townhouse. If you would like your search results to include condo, townhome, and multi-family properties, we recommend searching by structure type.
Great news on the change of rowhouse to townhouse. It is so much more appropriate and familiar in our market!
Thank you for listening to user!
I am curious why a property with a lot and block legal is named multi family when it is a townhouse by lender definition .
REcolorado Matrix now uses RESO standards, which defines multi-family is “a structure that is divided into units that are in a multi-unit building where units do not have a legal description containing condo, condominium, or townhouse variants.” Please visit our Dictionary of Property Types Guide for more information. If you would like your search results to include condo, townhome, and multi-family properties, we recommend searching by structure type.