Condo or Apartment: Which is Better for City Living?

Choosing a home to live in can be exciting yet arduous ordeal. There are a lot of things to consider when you’re torn between living in a condo or apartment.

Just like all other things in life, condos and apartments both have pros and cons. But it is up to you as the home seeker to decide which one is best and suitable for you. In this article, we’ll give you tips that will help you in choosing between a condo or apartment. 

Living In A Condo

When you speak of living in a condo, you will be dealing with a privately owned property in which you can either rent or own. That being said, you will be having a one on one negotiation.

Advantages of Living in Condos

• Nearby amenities
• It has common areas that residents can use
• Security cameras
• It has Home Owners Associations – a group responsible for entertaining concerns of the condo unit
• Proximity to neighbors
• Lesser responsibility for maintenance and repairs,

However, living in a condo has a few disadvantages as well.

Disadvantages of Living in Condos

• It could be very costly due to the fees that you will have to settle
• You don’t have a say on what’s being done on the condo buildings and when
• Less privacy due to close neighbors. If you think condominium has so much drama, you may opt to live in an apartment.

Living In An Apartment

When you speak of living in an apartment, you will be primarily dealing with a property management company. There is only one single owner – landlord/ property manager/ leasing agents. An apartment may look quite similar to condominium units, but the key difference is the buildings are uniform, and all of its residents will follow the same rules.

Advantages of Living in an Apartment

• You will be dealing with professionals: People with extensive property management expertise and renting.
• The landlord will fix everything damaged and broken in one phone call.
• It has easy payment system

Disadvantages of Living in an Apartment 

• Uniformity of buildings including the appliances. Renovations and refurbishing of units will not become handy.
• There are no HOAs: Home Owner’s Association that will cater to your concerns. Now that the pros and cons have been outlined to you, it is now your call to weigh these for better decision-making.

As was said earlier, when you get to choose a home, you will have a tricky task and you should think about it a hundred times. And this will not be relatively that easy because there are always pros and cons. As for the last words, when you choose a place to live in, make sure that you could call it home. A place to relax, to unwind, someplace to ease your stresses that you have experienced in the day. Do not be deceived by the appearance alone. Remember, a true home is a happy place where you can live with peace and comfort.