Living in a Condo vs. a Single Family Home

13 Aug

condominiumsIf you’re in the market to buy a new home, one of the first decisions you need to make is the type of housing that will suit you and your needs. There are plenty of different options out there, but if you’ve finally narrowed it down, and are debating between single family homes or condominiums, here is a helpful guide that compares the two.

Condominiums
One of the advantages of living in a condo is that condominiums are often in good weather locations, which means that you won’t have to deal with the inconveniences of ice and snow. Furthermore, condominiums are usually located in areas that are central to where you work and shop, so your commute and running errands will be significantly easier. The downside to condo locations is just a matter of preference.

Another advantage of living in a condo is that there is that residents typically do not have to worry about lawn care or interior and exterior maintenance of the property. Community living housing complexes — which condos are — generally have managers and maintenance crews to mow the lawns, do the gardening, and take care of any repairs inside and outside of the building. Furthermore, because of their popularity, there are plenty of new condominiums and new luxury condos which will need minimal maintenance.

Single family homes
Single family homes are more often located in less populated or more rural areas, so if you prefer privacy and quiet, they might be a better fit for you. The commute to work may be therefore longer, but you’ll have the advantage of living in a quieter neighborhood.

In contrast with living in a condominium, a single family home does require maintenance and lawn care. If you enjoy doing yard work, pruning trees, trimming hedges, and planting flowers, a single family home might be more appropriate for you. If you don’t prefer to do yard work, but all of the other advantages of living in a single family home appeal to you, you could always hire a service to take care of it for you.

Whether you decide to look for new condos for sale in a city or quaint and solitary single family homes, you should check out our guide for things to look for in a real estate agent. Your agent should be familiar with the area you’re looking and and have expertise buying and selling the type of housing you are looking for.