Deciding between an apartment and a house is a difficult decision at a certain point in your life. Luckily, over 5 million Americans found a perfect middle ground between the two!
That’s right. Condos are increasingly popular, and you may have some questions about how they work. Let’s talk about the pros and cons of condo living!
Pros Of Condo Living: Less Maintenance
If you buy a condo, you do get a lot of the benefits of renting an apartment without the endless rent cycle. You likely won’t have to worry about mowing lawns, trimming your bushes, or doing any other yard work.
Amenities
Living in an apartment undoubtedly comes with perks. One of those is the amenities that most will offer. The same goes for living in a condo. You may find pools, gyms, entertainment rooms, fountains, decorations, and more at your condo site, along with a built-in community right outside your door.
Price
If you’re looking into buying a condo, you’ll find they are more affordable than buying a comparable house, and they come with less work and more amenities there for your own pleasure. You can enjoy a pool without having to worry about spending money on maintenance.
Cons Of Condo Living: Apartment Living
Even though you own the condo, it still feels like you’re living in an apartment. You may have a neighbor on the other side of the wall or above or below your unit.
For many people, this is perfectly acceptable. If you want to live in the city or a nice community, but you don’t want to pour money down a drain, this is perfect. However, it doesn’t come with all the benefits of owning a regular home.
Fees
The cost of the condo itself is not the only cost you need to consider. There will be maintenance fees and others for all the work they have to do and the amenities they offer. Take this into account before purchasing.
The good news is that the cost for these is shared throughout the community, meaning the burden doesn’t fall on you like it would in a house.
There is always room for improvement in every condo community. You can always use this source to help you improve your condo living.
Bad Neighbors
If you have a good sense of community in your condo, that’s fantastic. You’ll be able to have neighbors to help you out when you need it, go swimming with them, and enjoy your time outside of your condo.
However, you can’t exactly choose your neighbors. If you wind up with a bad one that’s close to you, this can make or break condominium living!
Own Your Space!
Now that you know some of the ups and downs of condo living, you can make a more informed decision on your living space. If it’s right for you, it’s a pretty reasonable investment! Either way, find the right place for you and keep following our blog to stay up to date with more of our best advice!
