Some people love living in condos, while others swear by
detached homes. When it comes to deciding between the two, however, you can't
always rely on someone else’s word. Sometimes it's as simple as understanding
and assessing your lifestyle to make the best choice, since condo living and
home ownership are two radically different experiences, and thereby serve two
very different types of lifestyles and personalities. Here are a few
considerations if you’re trying to decide whether you should invest in a house or a condo.
House: Best If You
Have A Furry Friend
Do you have a furry
friend or two that are an integral part of your family? Depending on their
size and species, you may want to consider a detached house over a condo,
simply for the amount of space available. If you have dogs, you should consider
that many condominiums don't allow certain numbers, sizes, or breeds, and this
could be just another reason you opt for a house. Having a backyard for your
dogs to play in, and being able to avoid the daily elevator rides, are just
more reasons to add to the list.
Condo: Best If You're
A Busy Business Person
If you're a busy businessperson who's rarely ever home, you
may want to consider condo-style living. Firstly, you will be able to save on
mortgage costs, which will certainly help you reach your financial goals, and
you will have fewer worries involved than you would if you owned a detached
home. Full size houses require significant upkeep, which is a major time
investment. In contrast, a condo is a turnkey living space that gives you the
amenities you need without the responsibilities of home ownership. If you
hardly entertain and would like a space to enjoy yourself during your off time,
living in a condo might be just the perfect setup for you, the busy
business-minded individual.
House: Best If You
Like Privacy And Control
If you're someone who adores your privacy and likes to be in
complete control of the maintenance and care of your home, a detached house is
certainly the best option for you. Having your own detached house means living
with added privacy, as you won't have neighbors as close by as would be the
case if you were living in a condominium. You'll also be pleased to be the sole
decision maker when it comes to the upkeep and maintenance schedule of the
various aspects of your home. Rather than ask a strata manager for permission
to, say, paint your front door, you can simply paint your front door.
Condo: If You're A
Single Minimalist
Condo living can be great for single people and minimalists.
If you prefer to live on the lighter side, with fewer responsibilities and
chores, a condo setup can be extremely rewarding. All of the big stuff will
likely be taken care of, and all you'll have to worry about is the minimal
space inside of your four walls. If you decide to travel for an extended
period, it’s much easier to find short-term tenants for condos than for houses.
It can be difficult to decide whether a house or a condo is best suited to your lifestyle. Don't be shy to
ask your friends and family what they think of your personality, and do your
due diligence to discover which home is best to accommodate your daily life. Once
you’ve made your decision, contact a real estate professional and find the home
that fits your lifestyle.
Interested in selling your Charleston area home? Visit: www.jeffcookrealestate.com
-Jeff Cook
Jeff Cook Real Estate
Charleston, SC
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