Ever wondered about the benefits of living a condo life? Let’s discuss some of the advantages and disadvantages. You might be unsure if it’s worth moving from a house to a condo. Primarily if you are someone who spends less time at home, it is a perfect indication that you should be moving to a condo. But you should not be deciding to live a condo life for only this simple reason. There are drawbacks you need to consider while making the decision. What do We Mean by a Condo? A condo is a privately owned space inside a building. It isn’t the same as an apartment as the latter is mostly rented and not owned. Condominium owners are required to pay HOA fees for maintenance of communal areas such as workout zone and pools. The property can be inside a highrise, loft, or townhouse. Price of a Condo The pricing is entirely dependent on the market conditions. It’s calculated per square foot, not like the residential single-family home. Appreciation […] Continue reading