Many people think that buying a home with land and property makes it a better investment — but that’s simply not true. Depending on your lifestyle, a condo may be the perfect choice for you. There are many benefits to buying a condo, here are a few key benefits:
Benefits To Buying A Condo
A Home Without The Maintenance
Ask any homeowner about the costs associated with maintaining their property and they will tell you that these costs burn a hole in their wallet. From landscaping to roofing and insulation to electrical, the costs of maintaining and upgrading your home are ongoing and expensive.
While there are fees associated with living in condos, these costs are spread out amongst all the condo owners and won’t impact you in the same way as maintaining a house. If the condo roof needs to be replaced, the expense is shared by all the owners, which makes it much less of an economic burden for you.
Owning a condo means that you don’t have to worry about mowing the lawn, weeding the flowerbeds, washing the windows, and cleaning the common areas. You can save that time and energy and do something fun instead!
Security With The Turn Of A Key
If you have a house and leave to go to work or away on a vacation, you need to consider the security of all the doors to your home, your garage, your shed, etc. You may need to make arrangements for newspaper and mail delivery, you might miss your garbage pickup, you will probably need to program lights on timers, etc. When you live in a condo, all you need to do is lock your door and go.
- Front entrance ways offer access codes for entry to prevent people from simply walking into the building. Some buildings also provide a front door or front entrance security person.
- There is no need to make arrangements for your newspaper, magazine, or postal service as your items will not be sitting on your front step for the world to see.
- Many condos have security cameras at all the entry points and in their elevators, so you can rest assured that you have added protection.
Affordable Home Buying
These days, whether you’re looking to buy your first home or you’re considering changing your lifestyle, the words ‘affordable home buying’ don’t often go together. Condos can be the exception, as they are a great way to get into the market for first-time home buyers and an excellent choice for downsizing.
While you can purchase a luxury condo or penthouse with all the amenities, condos offer price ranges that are typically broader than houses. This makes condos more appealing, and attainable, for a wider range of home buyers.
In Guelph and Wellington County, condos are popping up all over and offer a range of amenities, unit types, views, and locations.
Looking to Buy a Condo?
If you are looking for a condo to purchase, contact the expert team at Royal City Realty and we’ll help you unlock your future.