So you‘ve saved a lot of money and now you’re thinking of buying yourself a new home or condo. It’s one of the best and lucrative investments anyone can ever make in their life, so it shouldn’t be taken lightly. Below are some issues to consider when deciding to buy the right one for you.
The property location:
We all know that the property location plays a very big part when considering buying a home, especially if you want to buy a house, which is located in a sought-after location. Prices can get a little crazy depending on the yard size and if the property is close to malls, city centres etc. With houses, the price is very dependent on the size of the yard and not the house itself. With an apartment it is a different story, the prize is always dependent on the location and not the yard.
If you are looking for the best scenic views, nothing does it like a high-rise apartment (condo). The higher and more scenic apartment are heavily priced since they fit the perfect perquisites of most home buyers, that’s why you will have to pay more for it. Remember if you have kid or animals you might need to make a little modification to the apartment to make it safe for them and to avoid any accident.
Size of the property:
When you are looking for a house you should way the pros and con’s between an apartment and a house. Do you want to expand your building or do you like it just the way it is. With a home you will be able to expand the house. Apartments are strict when it comes to modifications so you should have a good idea of what you plan for the future.
This is almost inevitable with an apartment but if you have a house, your walls can block out all the noise. If you are a practicing drummer or a singer, you should also take into account that people around you might complain, depending on your skills of course. So keep in mind the noise pollution when you look for a house.
With an apartment you don’t have to worry about fixing your roofing, doing pool maintenance or painting. This doesn’t mean that you are not going to be doing any maintenance, but it will be cheaper to maintain an apartment compared to a house.