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Friday, November 4, 2016

Homes for Sale vs. Condominiums: What is the Best Choice for Buyers

When you search homes for sale in the Nashua area, you may have noticed many condos turn up in your search. There are advantages and disadvantages to purchasing a home instead of a condo, and an exclusive buyer’s agent can help you decide which investment choice is the best option. Here are some of the advantages of purchasing a home instead of a condo.

Privacy

If you are a private person, a house is the best option for you. Condominiums, like apartments, have neighbors that live relatively close. This means you will have to be cautious of noise levels, as well as constant movements throughout the property – depending on the style of the condo. A private outdoor space option is not guaranteed with a condo, but almost all homes for sale offer this luxury to buyers.

Leniency

The responsibilities that accompany owning a condo often make this type of property less appealing. The condo association generally has rules and regulations in regards to the times you can take out your trash cans, or the color of paint you can use on your property. If you are looking for more leniency, a home is generally the best route to go.

Customize your Yard

Condo owners do not have the option to make the yard their own. This means you have no say in what type of flowers, shrubbery, or other plants are planted in the yard. However, living in a home allows you to decide how the landscape is maintained. When purchasing a home, you will have full reign over the exterior of your yard, from gardens to d├ęcor.

Ultimately, the choice of purchasing a home or condominium is up to you. It is crucial that you determine what your needs are, and which property meets those requirements. Remember, this is a big investment; therefore, the decision should not be taken lightly. Consult with an exclusive buyer’s agent to go over the advantages of homes for sale, in comparison to condos.


Sources:

Pros & Cons of Buying a Condo – Is It Worth It?, moneycrashers.com

Buy house, condo or town house as 1st home?, bankrate.com

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