Condos are houses that are adjacent to others, where you will find owners living in close proximity and often share walls. Condos are also high-rise buildings, located above or below another house.
Even though some people prefer to own a house, a lot of people love the idea of living in a condo and prefer to buy one than a house. Between buying a condo and a house, each one has its pros and cons.
But in this blog, I will be talking about the reasons why buying a condo is better than buying a house because of the benefits one gets from buying a condo.
Condos are actually way cheaper than buying a house. For single’s, young workers, executives and expatriates, buying a condo is better decision because they will get to save a lot more that can be used for other more important things.
The types of people mentioned above are better off with condos because of their affordability in acquiring whereas houses are quite costly to buy. This also means lower down payment and also a lower monthly payment.
Condos are better than houses in terms of maintenance. With condos you often assign the responsibility of maintenance to the condo management, this remove a lot of time, stress and work from your side. You can use that time to do other more important things.
With condos, you don’t have to worry about having a garden and other large spaces that will often need maintenance as well. With condos you also don’t have to worry about repairs and all the other things that comes with that.
Condo owners mostly have to only worry about the interior of the house unlike homeowners who have to do their painting, mowing the garden, cleaning gutters etc. This is why living in condos like Julia Place Condos have been an amazing experience for owners.
Often time’s condos are found at the heart of the city where it’s to amenities. This makes the condo a better choice in terms of location. With condos, owners only have to walk down the street to shopping malls, cinemas, entertainment centers, hospitals and sometimes even offices.
Most times in condos you find such things as gyms, swimming pools, tennis court etc. which means that you have most of the things you need right close to you unlike houses where you have to drive to these places or use a taxi or train. Overtime this cost you a lot of money.
Living in condos means that you live together with so many other people that you will be able to interact with unlike homes where you are distant from people, sometimes you don’t even know your neighbors.
Like the Julia Place Condos, you mostly come across your neighbors every time you are either going out or coming back home. Condos build social connections much more than homes.
In terms of investments, condos bring back good returns on investment faster than houses which often takes a much longer time. In so many ways, condos have ore advantages than homes.