The three-bedroom townhouse at 2 Prairie Rose Ct., Unit 11-1, in Gaithersburg has a lower level with a recreation room, a den, a storage room and a laundry room. (TruPlace)

When you need space for your family, want to be close to restaurants and commuter routes and yet stick to a budget, a townhouse can be a good alternative to a single-family house. In Montgomery County, Md., the median sales price in August was $443,000, according to Rockville-based Bright MLS. Finding a home in good condition for significantly less than that means you’re likely to need to compromise a bit on space.

The townhouse at 2 Prairie Rose Ct., Unit 11-1, in Gaithersburg is priced at $340,000. The monthly homeowner association fee is $255 and the annual property tax bill is $3,566.

The townhouse is less than one mile from the downtown Crown development, which includes numerous shops and restaurants and is adjacent to the Rio development, which has more shops, restaurants, a lake and children’s activities.

Built in 1972, this end-unit townhouse has 1,803 square feet with three finished levels. The townhouse has three bedrooms, three bathrooms, new hardwood floors in the living room, separate dining room and kitchen, recessed lighting, fresh paint and new carpet in the bedrooms.

The living room has glass doors to a patio, and the finished lower level has a recreation room, a den, a storage room and a laundry room. The townhouse has two assigned parking spaces.

Assigned schools include Fields Road Elementary, Ridgeview Middle and Quince Orchard High, all rated above-average by GreatSchools.org based on test scores.

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For more information, contact real estate agent Lauren Hatten with Long & Foster Real Estate at 301-907-7600.