Should I Buy a Condo or a Single Family Home?
Looking for a place to call your own but without some of the traditional hassles of home ownership – like yard work? Then you may want to consider purchasing a condominium.
Condos are popular for a number of reasons including size, location, shared amenities and limited maintenance responsibilities. They’re the perfect transition between hassle-free renting and a single-family home with a yard.
How do you know if the condo lifestyle is right for you? Here are a few questions to ask yourself:
- Do you want to own a home, but prefer to skip the snow removal, leaf blowing and other yard work?
- Do you want access to extra amenities, like a fitness center, swimming pool and clubhouse?
- Are you comfortable paying a homeowner’s association fee (which can typically cost $100-$400 per month) for someone else to manage the property?
- Are you willing to submit to the rules and regulations for your community, like no swimming after 10:00 p.m.?
Your Real Living Sales Professional can help you decide what’s best for you by showing you both single family homes and condominiums. If you like the idea, they can find the unit with the right features, based on your lifestyle, your budget and your personal preferences.
