Is Condo Life Really For You?

The clock ticks 5 o'clock

The clock ticks 5 o'clock. You pack-up your stuff and call it a day. You head home thinking of the short stroll you'll take up your favorite green covered path from the parkway, the slight breeze greeting you as you walk alongside the swimming pool into the brightly lit lobby. You walk to your door and with the turn of a key you enter into your abode without the slightest thought of waking up early the next to mow the grass, clean the pool and ensure the double locks on the main door are working. It's just going to be a relaxing night planning for an early morning workout at the ground floor gym. The best of condo living makes you smile as you get a glimpse of your condo right ahead.

Yes, condo living is way more convenient, with no maintenance responsibilities and a lot of goodies to go with it. It gives access to amenities that not many can afford. High-end condos in prime property areas may feature bike and jogging trails, gorgeous sprawling landscapes and access to recreational facilities. Most are near markets, malls, schools as well as medical centers and are well planned for life-long community living.

But condo living is not for everybody. If you're scouting for a condo or trying to decide between a condo and a single-family house you have to do a lifestyle check and know the pros and cons of condo living to help you make the right choice.

Condominiums are often located near a business district that's why it's an ideal choice for young professionals or even executives who need closer proximity to work. Cities like Columbia, Missouri offer several types of condos. There are low-priced townhouse and single-family cottage-style condos conveniently situated near parks and walking trails. These have enclosed private garages as well as fenced-in courtyards and require no lawn care, less maintenance and have a secured environment. These types of condos are popular choices for hospital residents and for middle-aged or older couples who want a modern home that has everything they need just 5 minutes away. Condo units, in general, are smaller but are usually pre-finished so it's easier and faster to move into. A property management company or the homeowners association takes care of managing and maintaining the property.

All good things come with a price, some restrictions and a certain tolerance level for other people. You have to pay monthly association dues on top of your monthly amortizations for maintenance. There are rules for noise, unit renovations and pet ownership to abide with. Some condos may have more stringent restrictions than others. Facilities and common areas are shared with your neighbors and will entail personal adjustments on your part.

So if you are single, a couple, a small family or even a university student and you are willing to make preference adjustments, pay extra fees and follow rules and restrictions then you can make condo living work for you. On the other hand, if you have a bigger family or not too keen on paying extra for maintenance work that you can do yourself or perhaps you simply can't imagine yourself sharing your walls and property with someone else then a singlefamily home may be a better choice.

The best property investment will always be the one that fits your style, your lifestyle and yourself. Knowing exactly what you want in a home will bring you closer to the right choice. Know more about the property you are eyeing. Ask the neighbors. Check the offers, rules and contract. Choose wisely and you'll always have a haven to look forward to at the end of the day.

Is Condo Life Really For You?

By: Nermin

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