Condo or Single Family?  

by Pool Builders on 07-02-2010 in Articles

Really should I purchase a Condo or a Single Loved ones Residence? The answer to this question is not black and white. The solution just isn't only place, area, place. The solution lies with not only your long term and short term living goals, but it lies in that grey location. The grey area might be something as uncomplicated as, I want a pool. In case you own a home, you can build a swimming pool in Southern California for about 55k-100k plus an additional $400 per month in energy and water usage. Here are some things to think about.

Pros of Purchasing a Condo:

- Access with a Swimming pool
- Access to a Health club
- Accessibility to a Lounge
- No Landscaping function or fees
- Have accessibility to some social network
- Shared external maintenance expenditures
- Occasionally Internet, Cable, Water, or Electricity is included in HOA costs

Cons of Paying for a Condo:

- Walls connected to your neighbors
- No Yard
- Feasible Close quarters
- HOA Charges

Pros of Purchasing a household:

- Occasionally a yard
- At least 10 feet of room between neighbors
- Driveway
- A sense of Accomplishment

Cons of Paying for a household:

- No Access to Pool
- No Obtain to Health club
- No Obtain to Lounge
- Outside Maintenance costs
- Landscaping operate or expenses

Regardless of whether you buy a condo or single family members residence, the common expenses in Ottawa are Property Taxes.

A single loved ones residence seems like a good investment during a market which is on the upward move. It gives you a lot more freedom and a bigger region to stretch your legs but if you want entry to a health club, pool, lounge etc, when you break down the expenditures, a condo is the way to go.

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