If you’re thinking about buying a new home, a condo can be a smart choice. Often, they offer many conveniences
that you wouldn't necessarily have with a house – such as swimming pools and fitness centers, etc. Here’s a rundown on some of the top reasons to buy a condo.
Condominiums often provide access to certain amenities that wouldn’t be practical or affordable for an individual house owner. Clubhouses, golf courses, swimming pools, tennis courts, fitness facilities and even the actual location – such as restaurants, entertainment, shopping and grocery stores.
Many developments offer a strong sense of community, especially those that provide a variety of planned social events.
One of the biggest perks of owning a condo is that the individual owners are not directly responsible for maintenance on the building, common areas or grounds. For many people, this is desirable because it frees up time for other pursuits. For others, it is a well-earned break following many years of home maintenance. In general, your monthly condo fee covers all expenses related to the repair and maintenance of central services, parts of the building (aside from the individual units), grounds and community facilities.
A condo offers a great deal of flexibility – it requires less maintenance than other types of homes and it’s easier to leave vacant while you travel. Condos can also provide more flexibility in terms of finding renters while you’re away. Condos are typically much more flexible about this, which makes them attractive to snowbirds and other frequent travelers who might want to rent out their homes while they’re away. Just keep me in mind during your condo search