2. If you've decided it is time to venture out of your parent's home or progress
from renting to owning you have the choice of traditional residential homes
or condominiums. Many men and women today are choosing to own a
condo rather than a traditional home and we know why. Although no option
sage hill calgary is particularly better than the other, it really depends on
what you're looking for out of your new home. If you are interested in the
advantages of owning a condo versus a residential home, continue reading!
3. First and foremost is the investment factor. There is a great deal of investment
potential within the condominium market. This is because there are so many
prospective buyers in the market and because owners have the ability to
upgrade and renovate their space as they see fit. As an owner this allows
you the amazing potential to flip the condo if you so choose or simply when
the time comes to move on you have the potential to sell your first condo at
a much higher price than you bought it. You may be thinking that residential
homes offer this opportunity as well, which is true, but the growth in the
condo market is what makes this investment a bit better than the traditional
real estate investment.
4. The obvious benefits of living in a condo are the lack of chores you have. When
you live in a residential home you are responsible for roof repairs, plumbing,
electrical, mowing the lawn, shoveling the sidewalk and so on. Of course it's
important to mention here that you do pay what is known as a "condo fee" to
have all this general maintenance done but many people find the fee
reasonable and worth the lack of effort they have to put into care of the
complex.
5. Condominium living offers a very unique form of relaxation that simply can't be found in
residential living. You have a pool at your disposal, exercise rooms, restaurants in
some cases, spas and common rooms to name a few of the amenities. With no yard
work to consider or worry about and all these amenities at your fingertips relaxation
becomes a way of life instead of something you dream of achieving.
As a condo owner, you no longer have to worry about lease agreements or landlord and
tenants relationships. You own the unit and you are free to stay for as long as you like
and you can have people move in with you without question and you really have no
one to answer to which is the major difference between owning and renting. This also
lends itself to your neighbors. Knowing they too own their units means you have the
ability to make long term friends. When you are only renting people come and go so
fast sometimes it is hard to even remember them all!
6. Condominium living offers a very unique form of relaxation that simply can't be found in
residential living. You have a pool at your disposal, exercise rooms, restaurants in
some cases, spas and common rooms to name a few of the amenities. With no yard
work to consider or worry about and all these amenities at your fingertips relaxation
becomes a way of life instead of something you dream of achieving.
As a condo owner, you no longer have to worry about lease agreements or landlord and
tenants relationships. You own the unit and you are free to stay for as long as you like
and you can have people move in with you without question and you really have no
one to answer to which is the major difference between owning and renting. This also
lends itself to your neighbors. Knowing they too own their units means you have the
ability to make long term friends. When you are only renting people come and go so
fast sometimes it is hard to even remember them all!
