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Not everyone can live in the same sort of home. For some, an apartment is in line with their carefree lifestyle, for others, a home is the only way they will live—even if this is their first place. While some rent, others choose to buy.
Condo living has some great advantages and some disadvantages too. Here are some things to think about:
- Get the space you need in a condo that is lacking in an apartment. Often, condos have storage space adjacent to the unit where you can store additional items. Condo rooms are typically larger, too.
- A condo may be less expensive than a house, but make sure you check out the additional fees that may be tacked on for grounds-keeping, repairs, etc.
- Make sure you can live on the top floor before signing the lease. Consider what you would do if the elevator broke down or your young children wanted to take a look from the balcony.
- Check the covered parking areas. Often, condos have underground parking for one car; if you have more than one car, the additional vehicle must be parked outside.
- A condo without at least one play area outside will make things difficult for you if you have children.
- If the condo allows pets, think about renting or buying on the bottom floor with easy access to the outside. There’s nothing worse than a slow elevator when you have an eager pet.
- Condos are sometimes more difficult to sell than family homes. Find out how they sell in the area where you want to live.
