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Should I Buy a Condo or a House?

The type of housing you choose is one of the most important decisions you’ll make in the home buying process. The property type you choose should fit your lifestyle. Here are some things to consider.

Buying a House

You’ll have more privacy, space, and control in a house. You don’t share any walls with your neighbors and the fence gives you added privacy. Houses have more inside and outside space for families, kids, pets, and storage. You’ll also have more control over making modifications, even if you have a neighborhood homeowners association.

Consider the extra time and money you’ll need for exterior maintenance and repairs, including yard work, fence repairs, painting, and roofing. Whether you choose to do these yourself or hire someone, this will be your responsibility.

The upfront cost of a house is usually higher than a condo. The initial purchase price is generally higher, and you’ll also need to buy tools and equipment for maintenance.

Buying a Condo

Condos are in prime locations, which means you’ll have easy access to shops, restaurants, parks, public transportation, and other places of interest. These places may even be within walking distance.

You’ll have more rules and restrictions in a condo, such as exterior (and sometimes interior) modifications, pets, barbeque grills, and parking.

The monthly association fees cover exterior maintenance, repairs, major renovations, and common area amenities. Common area amenities may include a community pool, fitness center, hot tub, playground, security, tennis court, and more.

Contact us today and let us help you find your dream home!

 

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