Choosing condominium living over the single-family home ownership has some noteworthy benefits. Consider a few factors that can help you weigh your options, start your search and find your ideal home.
The responsibility for upkeep and maintenance with a condo falls on the association, which conveniently frees up your time for things you prefer to do. The landscaping will stay fresh, the driveway will be clear of leaves and snow and you won’t have to worry about setting aside money for an eventual roof replacement if you chose condo living. Someone will be readily available to fix the water heater or air conditioning unit when issues arise.
With maintenance covered by your association fees, you may find a condo gives you a better value when compared to owning a single-family home. If you are looking for a smaller one or two bedroom condo, you’ll need less square footage in your home than if you needed a three or four bedroom home. This can help lower your utility costs with a smaller home to heat and cool making a condo a solid financial option for savings.
Living in close proximity to your neighbors allows a community to develop. You recognize your neighbors as you come and go and see each other at the mailbox or taking out the trash. This familiarity creates friendly relationships and knowing your neighbors helps to build trust. It’s comforting to know your neighbors and that you will help keep a watchful eye out for one another.
Think you’re ready for condominium living? Contact a Mel Foster Agent today to get started on your search.