When you buy a home, it’s important to take into account your lifestyle and your short- and long-term goals. The amenities and cost and location advantages of condo ownership may fit your lifestyle and goals much better than owning a single-family home.
A major advantage of living in a condominium is the reduced maintenance burden. Lawn care, snow removal, and roof repairs for which you are normally responsible when you own a home are taken care of. This is a very attractive feature for people who are busy, people with limited physical mobility, frequent travelers, or those who simply prefer not to handle those chores.
Amenities like swimming pools, gyms, or clubhouses are an additional benefit of condo living. These amenities are great for those who enjoy fitness or socializing but might have to pay much more for those memberships if they owned a regular home.
Enhanced security is another benefit of condo living. Condos often have gated or locked entrances, and some have professional security personnel. Living in close proximity to neighbors also means you have an enhanced sense of security and community if there is an emergency or health scare.
Location is often another advantage of condo living. Condos are often located in urban areas, which means easier access to dining and entertainment.
Finally, affordability is major advantage of condo ownership versus purchasing a regular home. Condos can be less expensive than single-family homes.
James H. Cook, Esq. can guide you through the condominium purchase process and protect your interests. Call (646) 844-0425 to schedule a free consultation.
James H. Cook, Attorney at Law 