Benefits of buying a condo over a house

Feb 22, 2017 by

Home ownership is one of life’s major goals and one many young professionals aspire to. Whether you’re looking for Upper West Side Condos for sale or detached homes in the surrounding areas for sale, you’ll have to choose between a detached home (or semi-detached) and a condo. Is one better than the other? It depends on your goal, your stage in life and your lifestyle. Here are a few benefits of choosing a condo over a detached home.

  • Security: A condo building is much more secure than a detached home. Whether it’s manned with a security guard 24/7, or is just equipped with security doors, you can have peace of mind knowing that not just anyone can get into the building.

  • No outside maintenance: This is one of the biggest advantages of buying a condo over a house. No lawns to mow, no gardens to tend (except on your balcony if you want one) and no snow to shovel. In fact, all of the exterior maintenance is done for you by the condo association. This is in part what your fees cover each month.

  • Great for first time buyers and When you search for Upper West Side condos for sale retirees: Because a condo is typically less than a house, it’s a great choice for first time buyers, or those who don’t need a lot of space, such as retirees.

  • Sense of community:  When you search for Upper West Side condos for salehe close proximity of your neighbors, condo buildings offer a sense of community that many neighborhoods don’t. Some even host ‘get to know you’ evenings and other social activities that allow you to get to know other people in your building.

When you search for Upper West Side condos for sale, make sure the building you choose is one that is well maintained and have amenities that suit your needs. Talk to your mortgage broker about how much you can afford before you hire a realtor.

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