Save Time on Ownership by Buying a Condo Over a House

Once you are financially ready to buy a place, you may start to imagine yourself in a condo, townhome, and single-family home. While you may feel confident about your ability to live happily in any of these places as long as you put a lot of time and effort into shopping, you may want to minimize how much time you have to invest in homeowner-related responsibilities.

To achieve this goal, you should prioritize buying a condo over a house for various reasons.

1. Square Footage

In most situations, you will find that condos are smaller than homes in regard to square footage. A standard condo will demand less time and effort than even a modest-sized house. This will happen because you do not need to do as much cleaning to maintain a spotless place to live.

Another way that you can save on time while owning a condo is dealing with less maintenance and fewer repairs. For instance, you will need fewer pipes and wires to live in a functional condo compared to a single-family house, which means there is less room for things to go wrong.

2. Landscape

When you own a house, you will own a plot of land that may include a sizable landscape. This means that you will need to water grass and plants as well as pick up debris. Although you could hire professionals to maintain the landscape, you will have to set aside time to organize these services. Also, you may have outdoor features that need occasional maintenance and repairs.

A condo is an advantageous purchase in this situation because you will not have a front yard or backyard that needs to be maintained. The monthly HOA fee that you pay to live in a condo will go towards maintaining the landscape, which you will not have to invest any time in at all.

3. Exterior

Buying a house means taking ownership of all the exterior features. This means that you will need to keep an eye on the roof, foundation, siding, and gutter system. Naturally, keeping these features in excellent condition requires routine maintenance, inspections, and repairs. Purchasing a condo puts all the exterior upkeep into the hands of the condo association.

If you are flexible enough that you can see yourself living in a condo or house, you should think about the kind of lifestyle you are most interested in. Start the process by contacting real estate agents who can show you condos for sale. 


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