Identifying what home to buy is really difficult specifically if it is the first time that you will do such thing. One of the frequent issue a house buyer experiences is to whether purchase a single family home or a condominium unit. It is truly difficult to come up to a decision especially if you do not know the differences between the two. Others would decide right away even if they are not aware of the advantages and disadvantages of selecting which one. Let us start out with understanding first what these two things are.
Wikipedia characterizes a condo, or condominium, as the form of housing tenure and other real property where a specific part of a piece of real estate is separately owned while use of and entry to common facilities in the piece such as hallways, heating system, elevators, exterior areas is done under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece. On the other hand, single family residences or single family homes are detached homes, usually with both a front and back yard, driveway, and attached carport or garage.
Now you already know the differences between the two. By recognizing the deviation among the two selections immediately you supply yourself a clue to whether which alternative best fits you. May we proceed with the pros and cons of choosing which one to obtain.
Having a quite busy life? Condos are what you are looking for. Aside from the very expensive value of traditional homes in the metropolis, condominiums also do have a lot to offer. Less effort with maintaining the condo because the owners would try to do it all for you. Condominiums are usually near to other establishments such as cafes, restaurants, theaters, shops and grocery stores. You are even made to enjoy the amenities that the condo offers including exclusive use of the pool, gym and sauna. The drawbacks that you may have will be paying for certain monthly fees for maintenance and parking fee and you will not be able to do renovations on your unit right away except if approved by the association.
If privacy is what you are up to therefore traditional homes in suburbs fits you best. Such place can offer you greater isolation, no common walls and less intruding noise from neighbors. You can even freely expand and do several renovations if you want to. Enjoy a yard where you can put a garden or a pool maybe. A single family house can be an excellent investment at the same time. Houses have wider appeal than condominiums and will most of the time appreciate at a better rate in the real estate market. The only unfavorable thing with traditional homes is that it is a more expensive home type. You will be paying solely for the maintenance and you need too fill out empty spaces in the house with furniture.
The decision still depends on you. Just try to find out which one id right for you, the family and the budget. Check out Atlanta Georgia condos for great condominiums or single family homes in Paulding County for beautiful traditional homes. Think a hundred times prior to deciding, comfort and value do matter.
Author Resource:
Atlanta Real Estate has a great selection of houses for sale where you can choose from. If you are planning to transfer in Georgia then view these homes listed in different cities and counties of Georgia.