Posts Tagged ‘commonwealth condo’
People usually think that condo living is expensive. Back then, condo living means your social status is high up the ranks. Today, the affordability of condo Queen Peak units is no longer an issue. If you want your own place but buying a house is just too much to handle, the most attractive option would be to buy a condo unit. Read on and discover the perks of condo living so you know what to consider when hunting for that new nest.
1. MUCH TO RETAIN, BUT NOT MUCH TO MAINTAIN. One of the perks of condo living is that it requires much lower maintenance and upkeeping compared to a house and lot. Since you won’t be owning a lawn when you live in a condo, the utility men of the condominium management takes care of the scenery. You don’t even need to repaint a condo because the management is also the one in charge of that. If you’re busy with your career and you don’t have the time to do normal chores done at home, a condo might be the right option for you.
2. FEELS LIKE RENTING BUT IT’S ACTUALLY INVESTING. Some people equate buying a condo to renting an apartment because you don’t need to take care of the major maintenance issues. However, unlike renting an apartment, you own your condo. Being able to enjoy the same services provided by an apartment while having it as an investment is still one of the perks of condo living.
3. MORE AMENITIES. When you buy a house and lot, you get entitled to amenities like the children’s park or playground, access to transport, access and use of buildings like the community hall and the church, security benefits, among others. When you buy a condo unit, you pretty much enjoy the same amenities with a lot more. For instance, one of the perks of condo living is that you get to technically “afford” amenities that you cannot afford alone. For instance, you can use the pool, the gym, the spa, or whatever amenity the condominium has. Since you share fees with other tenants, the fees cover for the use and maintenance of the facilities, something that you don’t have if you have a pool or a gym at home (you get to clean your own pool and gym!).
4. LARGE SPACE AT A SMALL PRICE. Usually, when you want a large home, it would require you to have funds that would take you decades to save up. However, when you buy a condo, you may be able to afford a large space, say a 5000 square foot of space instead of a 5000 square feet home. When house hunting you might want to consider this part of the perks that go along with condo living.
5. FAMILY FRIENDLY. Many condominium buildings today are very family friendly and are ideal for raising kids. Other than the facilities children can use, condo homeowners are assured of maximum protection as new condominium complexes today are quipped with the latest 24/7 security system.
6. SOCIAL LIFE TO THE Nth POWER. When you buy a new house, you usually have house warming celebrations to socialize with the neighborhood. While condo living provides you with a more private life, one of the perks of condo living is that it allows you to socialize and fit into your condo community. Since most of condo buyers are usually young, independent people, you might want to enjoy socializing and gaining more friends in your new condo!
There are many advantages of buying a condo – these are just a few. When house hunting, just make sure that you weigh the good and bad points properly. But of course, the perks of condo living are a standing offer and it won’t hurt to consider!