Top 3 Reasons to Buy a Condo

Dated: August 14 2021

Views: 80

Buying a new home? Are you looking at condos?

Popular with every homeowner—from first-time buyers to retirees—condos offer many advantages over a traditional stand-alone property. Here are the top three.

Affordability: If you’re looking for a newly built home, a condo is likely to be less expensive than a stand-alone property. Why? Condos are often smaller in size than homes containing comparable numbers of bedrooms and baths. In addition, condos often share many building elements such as walls and roofing, so the cost of construction is often lower, resulting in lower pricing.

Low Maintenance: Condo life is a low maintenance life. Living in a condo means you’re likely paying Property Owners Association dues (POA), which cover many maintenance items such as landscaping, pest services, roofing, painting, and driveway repairs.

Having so many services covered is appealing to busy professionals, parents of young children and retirees who may not feel up to mowing and raking. POA fees are typically relatively inexpensive, and for those too busy or tired to take on tasks alone, they are well worth the cost.

Amenities: Condos are all about top-notch amenities. From swimming pools and restaurants to golf courses and clubhouses with workout centers, many of today’s condo developments are filled with fantastic features. Expenses for building and maintaining these amenities are typically shared among condo owners, so you can enjoy these lux amenities at a very minimal cost.

Bottom Line

We are seeing great opportunities for condo buyers in the Charlotte area and beyond. Let's connect to discuss your unique situation and whether a condo may be right for you. I'm at 803.610.1319 and bill@billjordanrealestate.com.

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Bill Jordan

Local. Global. Discreet. Bill is Broker-in-Charge and Realtor, and a member of Rinehart Realty's four-person management team. In addition to managing the firm's office in Fort Mill, SC, Bill work....

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