In the past recent years, purchasing condos over single family homes have become quite popular, and it doesn’t look like it will stop soon. If you are considering a new place as your home, then you may have been thinking about a house and a condo, but not quite sure which one will be the perfect choice for you. Here are some of the top reasons why you should purchase a condo over a house.
A single family home cost more money than purchasing a condo, and both properties may even have the same number of square footage in the same location area. This is great news for those on a budget or for first time buyers. Condos are also great for those looking to downsize after retirement.
Sense of Community
Of course if you live in a single family home you will eventually get to know your neighbors, but if you live in a condo community, then you will have a greater chance of meeting and interacting with your neighbors as you will see them when you retrieve your mail, walk your dog, or just enjoying the community. If you like meeting new people and being social, then purchasing a condo is a great choice for you.
Condo communities amenities can differ, but the amenities is what will make your life easier and more comfortable. Some condo communities have a pool, fitness centers, party rooms, and resort like amenities, which could cost you a lot more money if you were to purchase these amenities when you purchase a single family home.
If you are looking for a home that is move in ready, then a condo is the choice for you. Condos are provide a low maintenance lifestyle and great for those with a busy life. A single family home require a lot of responsibility.
Perfect for Those Who Don’t like DIY
Maybe, you are not the handyman type or just don’t like to do physical labor and the thought of making improvements to a home makes you feel stressed out. Purchasing a condo is a great solution for you. A condo’s maintenance is very little and is generally on the inside of the condo. All condo association fees will take care of any maintenance on the exterior of the condo, so you won’t have to do that. Another benefit is there is no yard to maintain, which saves a lot of time and money too.
Many times condo buildings are always located in great areas, which means you could live in one of the best neighborhoods that you can actually afford. You will be within walking distances to stores, bars, restaurants, and so much more.