Living in Condos has its Advantages

by | Nov 19, 2020 | Real estate and property

Deciding where to live is a big deal for new homeowners. There’s the whole rent or purchase then there’s the homes verses condos, which do you choose. Living in a home is nice, you have a yard between you and your neighbor, you have privacy and so on but then most people get caught up in thinking condos are upscale apartments and don’t realize the benefits to living in condos.

Condos are a great purchase for first time homebuyers. Condos tend to be more affordable and have less added expense to incur as you would with a home, lawn equipment and such. Condos are smaller and have a cozier feel.

If you are a lock and leave on the go person then condos are perfect for you. The external up keep on condos are the responsibility of the homeowners association. You may not have a yard to call your own which means you don’t have to maintain a yard at all. That’s pretty sweet, you can come and go and not worry about the outside at all and if there happens to be an issue with the roof or windows all you have to do is call the home owners association and address the issue with them.

You may have neighbors just on the other side of the wall but having those neighbors and those all around help to keep you safe and your home safe. This is nice if you live alone or spend a great deal of time alone. Also most condos have security gates or guards and a neighborhood watch to help keep you safe.

There are a great deal of condos have nice amenities to offer. For one most condos are located near office buildings, shopping centers and entertainment options so finding a place to live with so many things close to you is an added benefit. Condominium developments often times offer access to swimming pools or gyms if not on site close by. These extra you may not be able to afford otherwise that are included in condo life.

Condos give owners the same tax benefits as the owners of a single-family home. This gives you the chance to experience the feeling of being a homeowner rather than a renter. Condos are a great opportunity for the fresh out of college, newlyweds, retired and single parent.

Depending on your lifestyle, condos maybe the perfect solution to your new home needs. The security of having neighbors close by, the benefit of having no external up keep and having access to a pool or gym out weigh the negative in my book. So when you are trying to make your decision, check out a few condos before you make the final say so.

Linda Magarick is the most trusted Jersey shore real estate agent, helping locals buy and sell real estate for 27 years.

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