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Traditional House Versus Condominium

Comments Off on Traditional House Versus Condominium 22 October 2011

Identifying what home to buy is really difficult specifically if it is the first time that you will do such thing. One of the frequent issue a house buyer experiences is to whether purchase a single family home or a condominium unit. It’s certainly hard to result to a conclusion particularly if you don’t know the distinction between the two alternatives. Others would decide right away even if they are not aware of the advantages and disadvantages of selecting which one. Let’s start off by figuring out what these things are.

Wikipedia defines a condominium, or condo, as the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece. On the other hand, single family residences or single family homes are detached homes, usually with both a front and back yard, driveway, and attached carport or garage.

Now you already know the difference between a condominium and a single family home. Realizing the deviation among the two choices can directly give you a hint to whether which option would best fit you and your family. May we go through the pros and cons of deciding which one to buy.

Busy with life or planning to join the active living in the city, condominiums are just right for you then. Apart from the too much expensive worth of single family houses in the metropolis, condos do also have a lot to offer. You are not made to do the maintenance by yourself but rather the condo owner makes way to do it all.

Condominiums are usually near to other establishments such as cafes, restaurants, theaters, shops and grocery stores. Unit owners can also enjoy the amenities the condo offers which includes exclusive use of the gym, sauna and pool. The disadvantages that you will be having are you will be paying for certain fees monthly including the maintenance and parking fee and you will not be able to make changes in the unit instantly unless approved by the condominium board.

If privacy is what you are up to therefore traditional homes in suburbs fits you best. A place like such can present you enough isolation, no common walls and lesser noise from the surroundings. Expanding and making renovations can be an option. Delight in a lawn where you can put up a pool or a garden maybe.

A traditional home can be a good investment also. Homes have wider appeal than condos and will always appreciate at a better rate in the real estate market. Sad to say a traditional home is a more pricey home type. You will be paying solely for the maintenance and you need too fill out empty spaces in the house with furniture.

The decision is yours to make. Just try to know which one is ideal for yourself, your family and the budget. Think a couple of times before you decide, value and comfort still matter most.

Want to find out more about Georgia homes, then visit realestate Atlanta GA and choose the best GA homes for sale for your family.

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