Did you hear about that guy who couldn’t stop buying condos?
He had an apartment complex.
(I’m sorry.)
All punning aside, there are some real, serious benefits to the Condominium Life!
Right off the bat you’ve got the bottom line.
They are priced lower than their stand-alone equals, and the insurance is lower, too.
And can you say, “covered maintenance"?
Cha-Ching!!
So, whether you're starting out or down-sizing to begin a life of travel and adventure, you’ll likely have a fatter wallet if you go the condo route.
And more freedom to come and go as you please! Locking up a condo is considerably less hassle than an entire free-standing home.
Pack a bag, turn off the stove, and go!
(...and then wonder if you turned off the stove…)
(It’s okay. We all do.)
And most condominiums come with amenities!
The basics, like lawn care and snow removal are only the beginning!
Many have gyms, pools, security guards
even golf course access!
FORE!!
For singles or socialites, a condo comes with a community!
Many have barbecues and holiday parties, but for many, just having familiar people around is a big fat bonus!
Speaking of communities, condos tend to be in well-populated (“chic”) areas!
So you’re often just a walk from a pizzeria or pub!
Do you dream of a garden teeming with tomatoes? Spending your weekends in the mulch and the weeds?
Then, a condo is NOT for you.
The downside to your outdoor space being mowed, plowed, and weeded by who-even-knows-who, is that an avid gardener is limited to a small (if any) outdoor space to cultivate.
Other downsides are potential parking issues,
less privacy, pet restrictions, and the big one- HOA fees.
Homeowners Association fees are a necessary evil to get all these yummy benefits.
If you’re okay with the amount (and what it covers), then this is a non-issue.
So, when the family starts growing, or the kids move out, or you just want to mix it up a bit, consider the bang you’ll get for your buck with a condo.
