7 Reasons To Buy A Condo Over A House

Published on: 06 April 2018 Last Updated on: 03 September 2024

, There can be many reasons to buy a condo, but here are seven only. But first, what is a condo? Is it just a fancy name for a town apartment? Apparently not. A condo is a part of a larger housing unit where all units are separate but at the same time, the owners/occupants share the common public areas like recreational facilities, swimming pools, and stuff. Although many Americans won’t say it loudly, living in a condo community is part of the American Dream especially when you want to live in a popular city center like Los Angeles. Here are some perfect reasons to buy a condo over a house.

1.Condos Cost Much Less Than Regular Houses :

A condo is going to cost much less not only to buy but also to maintain as opposed to a regular family house. Just imagine a community where some other people do the maintenance and upkeep for you. If the grass needs to be cut, you find it cut, you don’t worry about who cuts it. If the roof needs repair, another person does it for you. With these knick-knacks taken care of for you, you can have peace of mind and your condo-home will be an abode of peace all the time, worth coming home to every evening. If this is the first time that you are buying a home and you do not have a lot of money saved up, start by buying a condo. It’s cheaper especially when you target a popular place to buy a property. Luxury condos in Los Angeles are much cheaper than regular luxury houses in the same area of Los Angeles.

2. If You Travel A Lot :

If you are sickly, elderly, if you work for a multinational corporation that keeps you on the road all the time, we have got good news for you, but first, buy a condo. A condo has most of its repair and maintenance needs taken care of. Thus, you do not have to bother yourself with such things. Someone else takes care of these things for you.

3. A Condo Is Very Secure :

That is right; express condos are very secure since they are more of a gated community. There are locked gates, security professionals and even doormen. You can lock up your condo and go to Singapore for the entire summer. When you come back, you will find your home secure, just as you left it. Granted, you will be required to pay association fees for the same, but what is a small fee if you will get the full value for it? Condos are actually communities where you live close to your neighbors. Thus, it is hard for a burglar to do a break-in without the people closest to you hearing it.

4. Condos Are Always Located In Great Locations :

Condos are located in the suburbs, on the beach and other desirable locations. One of the chief considerations for condo developers is the proximity of all the amenities that a community needs in its daily life. Shopping centers/malls/markets, schools, hospitals and so on are some of the considerations. If you go to buy a detached home on the beachfront, you will pay an awesome lot of money. If you buy a condo in a community located on the beachfront, it will cost much less than a detached home. Also, if you are looking to by condos in Los Angeles, you can check out Los Angeles luxury real estate websites to find affordable luxury express condos.

5. Easy To Find Tenants :

If your condo is free for a year as you travel the world, well, it is easy to find a tenant for it than it would be to find one for a large house. Because condos are cheaper to buy, they are also cheaper to rent, therefore making it easy to find a tenant. In addition, condo communities are located in the most convenient places, at the center of everything.

6. Many Amenities :

Ok, so the social and recreational facilities are shared, but that does not matter a lot because they are still great. When looking for a condo to buy, look for one that offers a fitness center, swimming pool, recreational court and other amenities. These are hard to find in detached homes unless you come from the trust fund kind of family and you do not mind coughing up a pretty dollar.

7. Enjoy All The Benefits That Regular Homeowners Enjoy :

A condo owner is a homeowner, and there are no two ways about that. Therefore, when you buy a condo, you have the liberty to do everything that you need to do, which includes renting it out, building an extension as well as take benefit of your home equity as you pay many months of mortgage.

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10 Rights You Have as a Tenant That Your Landlord Won’t Tell You About

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Real Estate 101 – 3 Simple Tips to Boost the Value of Your Property

Whether you’re looking to downsize or are relocating to a new area, there’s a good chance that you’ll need to get your property sold quickly. However, selling a house is neither a simple nor straightforward task. After all, not only is the real estate market oversaturated. But there are a lot of factors that can deter you from getting the money that you want out of your home. The good news is that there are ways to keep depreciation at bay without having to spend a small fortune in the process. And with a little bit of preparation and research, you might even give yourself some excellent bargaining points and get as close as possible to your asking price. To this end, here are a few simple tips to boost the value of your property. Real Estate 101 – 3 Simple Tips to Boost the Value of Your Property 1. A little curbstone appeal can go a long way They say that first impressions last. And this statement is true, especially when it comes to selling a home. And if you want to entice prospective buyers to purchase your home, it will need to look as good on the outside as it is on the inside. And because of this fact, it makes sense to work on the curb appeal of the property. From doing a little bit of landscaping and retouching the paint on the exterior of the house to getting rid of any debris or junk. If you have a scrap car Gloucester firm Phelps will take it away for you. A little time and money invested in making your home aesthetically pleasing can go a long way in piquing the interest of aspiring homeowners. And, in turn, increase the value of your property. 2. Make sure that your home is depersonalized No matter how much history or memories you have built-in your home, none of it matters to potential buyers. So before you list your property for sale, make sure that you depersonalize the house completely. By removing artwork, collectibles, photos, and other personal items, you’ll present the market with a blank canvas that will not only help make them feel more welcome. But also allow them to imagine themselves living in your home much easier. More importantly, de-cluttering your home and keeping it neutral will also add some square footage. And as a result, give you another talking point to drive the price up. 3. Price the property reasonably Let’s face it: we all want to get as much money as we can from our properties. However, economic conditions and market demands will often ultimately determine the price. And while you don’t necessarily need to undersell your home, it’s crucial not to overprice it either. So make sure that you do some research and price your home reasonably and accordingly. In this way, you’ll be able to reel in more potential buyers and get your house sold quicker than you would have otherwise. There’s no denying the fact that it’s not easy to sell big-ticket items like a house. But with these tips, you’ll be able to find the right buyers for your home. More importantly, you’ll be able to land a much more favorable deal in the process too. Read Also: 5 Tips For Transport & Logistics Business Owners Before Investing In Insurance 4 Questions To Ask From Your Home Relocation Company

7 Reasons To Buy A Condo Over A House

1.Condos Cost Much Less Than Regular Houses :

2. If You Travel A Lot :

3. A Condo Is Very Secure :

4. Condos Are Always Located In Great Locations :

5. Easy To Find Tenants :

6. Many Amenities :

7. Enjoy All The Benefits That Regular Homeowners Enjoy :

Things You Need To Know About the Top of the Line Conveyor Systems

Is Property Investment Still a Good Way to Make Money?

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Related

10 Rights You Have as a Tenant That Your Landlord Won’t Tell You About

5 Mistakes To Avoid In Estate Planning

Real Estate 101 – 3 Simple Tips to Boost the Value of Your Property

7 Reasons To Buy A Condo Over A House

1.Condos Cost Much Less Than Regular Houses :

2. If You Travel A Lot :

3. A Condo Is Very Secure :

4. Condos Are Always Located In Great Locations :

5. Easy To Find Tenants :

6. Many Amenities :

7. Enjoy All The Benefits That Regular Homeowners Enjoy :

Share this Article

Things You Need To Know About the Top of the Line Conveyor Systems

Is Property Investment Still a Good Way to Make Money?

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related