Pros and Cons of Living in a Condo7108228
Ready to look for a new location to live? Perhaps you are tired of renting, or lately got rid of some stuff and want to scale down your living quarters. Moving to a condo appears the logical answer following the children 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 here:
Pros of Living in a Condo
1) Security. Condominium complexes often offer security services, whether it's 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 maintain watch.
2) Amenities. To entice residents, condo complexes will offer attributes like a swimming pool, fitness center, and a clubhouse for hosting events. Some communities may also host social events all through the year so you can get to know your neighbors.
3) Upgrades. Newer condo communities are typically constructed with more revolutionary appliances and fixtures. You might also have options to customize the way your condo looks by selecting 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 comfortable with out feeling like you're hoarding every thing. Also, complexes these days tend to develop shops within their neighborhood, so you can walk to the grocery and drugstore.
Cons of Living in a Condo
1) Privacy Problems. Depending on where you live, your condo might be backed up against another one, resulting in zero lot lines. If you have a neighbor who enjoys loud rock music or is usually 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 pay charges to preserve amenities, spend for security and staff. If you are on a spending budget, you should note whether or not or not you can manage 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 sure it's 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 may find some condo models provide just that, but if you would favor a grander, gourmet kitchen for your cooking or a garage to hold your lawn gear, you will want to thoroughly search your options before deciding on a location.
