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When you’re ready to buy your first home, you have one major choice to make: Should you buy a house or a condo? Here are some things to consider that will help you decide.
The Case for Houses
One of the major considerations is whether you have kids. Children need space to run around — especially outside. Having a yard is a big advantage when you have children and living in a suburban neighborhood is a benefit too. Being able to say, “Go play outside,” can be a big stress relief to parents. It also helps to have other kids in the neighborhood for your children to play with.
You may also prefer a house if you don’t like have neighbors close by. In condos, you share walls with your neighbors which can be problematic if they like to have parties or are night owls. Single family homes, especially ones that are well insulated, decrease this issue. Many people enjoy gardening, whether it’s growing their own vegetables or having beautiful flowers. This isn’t possible with condos. You also get more space for the price with houses.
The Case for Condos
On the other hand, it might be nice to have a condo. For one, no yard maintenance. If you work in a big city, you might also like living right in the middle of things — restaurants, nightlife, work, etc. You might even be able to get away with not having a car, which can save you a lot of money. Realize, though, the homes in the city or more expensive.
When it comes to buying, choose wisely!
