Is a Condominium Right for You?
Sometimes, the maintenance requirements of a detached home can seem like a lot. After all, taking care of a whole property requires frequent attention, dedicated time, and effort. On the other hand, an apartment can seem cramped or urbanized for your liking.
Have you considered a condominium? It may be just what you’re looking for.
With a detached home, you’ll likely have a ton of maintenance responsibilities to take care of regularly. This can be a lot of work, take a lot of time and require some tedious budgeting. — and many people find this to be tiring.
If you were to live in a condominium, complexes generally hire employees to trim, prune, wash and/or clear anything that may need attention. This leaves less on your plate to remember while providing many of the same benefits as a property that’s been well cared for.
In many cases, condominiums will cover repairs for the exterior of your unit if anything stops working properly. This differs based on the complex though.
Condominiums often have additional features and amenities, including pools, hot tubs, saunas, games rooms, and social spaces. This can allow you to unwind using features and appliances that you may not otherwise be able to afford, or for which you may not have space. If you’re retired or have a young family, features like these may be incredibly appealing.
You’ll find that condominium complexes are often very well-protected by security systems and hired employees. That way, you can enjoy some peace of mind knowing that you and your belongings are safe and sound.
Generally, each condominium complex has an association that looks over large-scale repairs, the direction of future upgrades, and much more. Each unit in the condominium has a say in the decisions made, and in some cases, you can eventually become part of the board of directors. You often won’t have a voice like this in detached suburban or urban neighborhoods.
Because there are so many people living in such a condensed space, you’ll often find yourself running into the same people. Whether it be through the social spaces and amenities offered by the complex or just in passing on the sidewalk, you’re almost sure to discover a tightly-knit community of people with similar interests.
If you have any further questions about condominiums, don’t hesitate to reach out! There’s plenty to choose from in the national capital region and we’d be happy to help you.
The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.
powered by WEBKITS