Pros and Cons of Living in a Condo3487760
Ready to look for a new location to live? Perhaps you're tired of renting, or recently got rid of some stuff and want to scale down your living quarters. Moving to a condo seems the logical answer after the kids have grown and left, or if you've graduated from college and want to start small. There are pros and cons to living in a condo, some of which are covered right here:
Pros of Living in a Condo
1) Safety. Condominium complexes often offer safety services, whether it is a gated property with hired guards, or closed circuit cameras monitoring the property 24/7. You may feel safer in a condo understanding the property managers keep watch.
2) Amenities. To entice residents, condo complexes will provide features like a swimming pool, fitness center, and a clubhouse for hosting events. Some communities might also host social events throughout the year so you can get to know your neighbors.
3) Upgrades. Newer condo communities are usually built with much more innovative appliances and fixtures. You may also have options to customize the way your condo appears by choosing schemes of wallpaper, tile, and carpeting.
4) Comfort. If you plan to scale down, condos provide you a spacious property that is not overwhelming. You can be comfy with out feeling like you're hoarding every thing. Also, complexes these days tend to build shops inside their community, so you can stroll to the grocery and drugstore.
Cons of Living in a Condo
1) Privacy Issues. Based on exactly where you live, your condo may be backed up against another one, resulting in zero lot lines. If you have a neighbor who enjoys loud rock music or is always parking in your space, you may have a difficult time adjusting. Of course, bad neighbor risks aren't limited to condos, but the proximity could magnify the headaches.
2) Charges. Condo owners do spend fees to preserve amenities, spend for safety and employees. If you are on a budget, you should note whether or not or not you can handle these payments.
3) Assessments. Most condo complexes are topic to assessments that determine if repairs require to be made. The money to satisfy keeping the condos to code, of course, comes from the residents. Before you buy a condo, be certain it is not about to come up for assessment so you do not get stuck with a large bill.
4) Space. If you favor large, open spaces, you might find some condo models offer just that, but if you would favor a grander, gourmet kitchen for your cooking or a garage to hold your lawn equipment, you will want to thoroughly search your options before deciding on a location.
