As you begin your search for your next new home, there are many things you need to consider before making a final decision. What kind of neighborhood do you want to live in? How many bedrooms do you need? And perhaps most important of all, you’ll have to choose between a home or a condo! In many cases, condo living isn’t what it used to be, and for many people the amenities and lack of yard make it the perfect choice for their happily ever after! This in-depth look at the difference between condos and homes is designed to help your decision-making go smoothly and ensure no regrets after you sign on the dotted line!
A Look at Condos
Condos can be the perfect abode for young couples, single people looking for their first home, or even seniors facing their golden years. Generally smaller than a single-family home, a condo may come with a small patio in the back, the perfect size for a bistro table but lacking the size that requires spending dedicated hours working to keep it neat. And although there are some 3- or even 4-bedroom condos that can be found, more often than not condos offer only 2 bedrooms; still a good choice for a small family, or if you are single, the second room is prime office space as well as a spare bedroom for guests.
Community amenities usually include a pool and/or hot tub and maybe even a clubhouse that can be used for special occasions. Again, being able to swim when you want but not having to maintain a pool or hot tub can be a major plus. The lack of privacy, however, can be a big minus for some prospective buyers, as can the sharing of walls with neighbors that may or may not be quiet in the wee hours of the morning. And finally, the monthly cost of a condo could add an unwanted expense to those who aren’t expecting it, adding another black mark in many buyers’ book of pros and cons.
What’s in a Home?
Privacy matters to many people, and the advantage of purchasing a house over a condo is knowing you don’t have to share a wall, a pool, or even a hot tub with neighbors you could never be friends with! Offering more space, families with more children can choose a home with enough bedrooms that every family member has their own room and still have space for an office, spare bedroom, or possibly a craft room! Homes built today all come with private garages which can be used for both cars and storage. A private pool, a private hot tub, and the addition of quaint gazebo or outdoor kitchen gives a proud homeowner the oasis they have always dreamed of, and the wall that surrounds the space offers the all-important privacy they require!
On the negative side, owners of free-standing homes are responsible for the maintenance and upkeep of not just a yard, but the roof, pools, and walls surrounding the home. Add in the potential HOA fees and the costs of home ownership can soar, plus in an HOA community you still have to answer to someone else when it comes to paint colors, yard fixtures, and more!
Pros and Cons to Both
Obviously, there is still a lot to think about, but making the decision easier could be as simple as seeing a few examples of both! Give us a call today and let’s start the process of finding the property of your dreams!