Reasons Why People Live in Condos
Why a condo? If you’re shopping for your first, or even next home, you no doubt have seen a number of condo listings in your area. While living in a condominium complex has its advantages, you might wonder why you should consider buying one if it means having to pay monthly fees and quite possibly a hefty share of an assessment every few years. Despite these occasional nicks to your wallet, there are many reasons why people choose condos over homes. Here is a short run-down.
1) Security – The idea of a gated community or condo complex with 24-hour watch appeals to those who are concerned about residential crime.
2) Community – Whether the condo complex is a series apartment-style buildings or detached homes along a golf course, there is a sense of community that allows people to meet and establish friendships. Some condo communities may hold regular gatherings and activities.
3) Amenities – Homeowners who wish to have a pool or home gym, but don’t want the responsibility of maintaining either, can buy a condo with either or both. Having access to such amenities saves on individual memberships to recreational centers.
4) Location – It’s not uncommon for condo developers to build communities that feature inclusive shopping or proximity to restaurants. From one’s home, you can walk to dinner or the store and save on gas.
5) Insurance – If you live in a complex with security, you may catch a break on insurance.
6) Maintenance – If you’re not interested in keeping up a lawn or landscape, living in a complex allows you the freedom to tend to your own place while a garden crew works on the grounds. If something breaks in your condo, you can make a phone call for assistance.
7) Comfort – If you are transitioning from a larger home after your children have moved away, a smaller condominium allows you to scale down and manage a smaller home. There’s less to heat and cool, and clean.
8) Value – Condos are a good real estate investment. Should you decide to move in a few years, you have the option of renting your property if it’s permitted in your community’s covenant. You can make a decent supplementary income.
People own condos because they no longer wish to live in a giant house, or have limited mobility and want little or no yard work to worry them. They live in condos to be closer to family or school or work or the beach, and they live in condos because there is no sense of isolation or loneliness. However you decide to come into a condominium, you are certain to find the right one for you.
Article Source: Ezinearticles
1) Security – The idea of a gated community or condo complex with 24-hour watch appeals to those who are concerned about residential crime.
2) Community – Whether the condo complex is a series apartment-style buildings or detached homes along a golf course, there is a sense of community that allows people to meet and establish friendships. Some condo communities may hold regular gatherings and activities.
3) Amenities – Homeowners who wish to have a pool or home gym, but don’t want the responsibility of maintaining either, can buy a condo with either or both. Having access to such amenities saves on individual memberships to recreational centers.
4) Location – It’s not uncommon for condo developers to build communities that feature inclusive shopping or proximity to restaurants. From one’s home, you can walk to dinner or the store and save on gas.
5) Insurance – If you live in a complex with security, you may catch a break on insurance.
6) Maintenance – If you’re not interested in keeping up a lawn or landscape, living in a complex allows you the freedom to tend to your own place while a garden crew works on the grounds. If something breaks in your condo, you can make a phone call for assistance.
7) Comfort – If you are transitioning from a larger home after your children have moved away, a smaller condominium allows you to scale down and manage a smaller home. There’s less to heat and cool, and clean.
8) Value – Condos are a good real estate investment. Should you decide to move in a few years, you have the option of renting your property if it’s permitted in your community’s covenant. You can make a decent supplementary income.
People own condos because they no longer wish to live in a giant house, or have limited mobility and want little or no yard work to worry them. They live in condos to be closer to family or school or work or the beach, and they live in condos because there is no sense of isolation or loneliness. However you decide to come into a condominium, you are certain to find the right one for you.
Article Source: Ezinearticles
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