Now cities are full of condos. They are a practical alternative to houses. If you are living in a city then a condo may be a better choice for you. Here are the reasons why.
You don’t need to take care of your yard or pool
In the case of a condo, the homeowner’s association is responsible for all the maintenance works. So, you don’t have to mow the lawn, weed the garden or clean the pool. You also don’t have to pay anything extra for these works.
Some services are inclusive
In many condos, you don’t have to pay extra for trash removal, security, and water. A private security company is responsible for the safety of the people living in the condo. In some condos, you won’t need to pay for electricity or cable TV as well.
Condos are usually located in places where there are lots of restaurants, public transportation, schools, shops and other amenities So, the neighborhood is very secured. There is less chance of any criminal activity in these neighborhoods.
Low insurance costs
The homeowner’s association has its own insurance policies. So the insurance premium you pay is lower. The insurance policy includes earthquake and flood protection.
Low property taxes
The property taxes depend on the property’s value. As condos are cheaper compared to houses, the property taxes of condos are lower.
Though many people are concerned about their privacy, buying a condo instead of a house is practical. You will be able live peacefully without worrying about any kind of maintenance of the property.