After many years of living in a single family home, many people begin to consider condominium ownership as a good alternative for their changing needs.
Condominium living in an urban environment is significantly different than the big home in the suburbs.
It can be the perfect option for young singles who are free to spend their time as they like and for older people thinking about shedding their big home in the suburbs.
If you’re shopping for a new residence, consider the many advantages of owning a condominium:
No Maintenance
If you are moving from a single family home, you are fully aware of the time and money this type of housing requires. High rise condos allow residents to avoid the long weekends of grass mowing and gutter cleaning, so you can spend more time doing the things you love. Maintenance expenses for the condominium are included in your regular monthly or quarterly condominium fee, so you can budget your money more easily.
Shared Amenities
Many condominium lofts and apartments have swimming pools, exercise rooms and clubrooms that are shared in common with other residents. The expense and maintenance for these items are included in your fees, so that you and your guests can enjoy them completely trouble-free.
Close to Urban Excitement
Urban condos are close to restaurants, theaters, shopping venues, museums and other activities, so that you can spend more time enjoying yourself and less time getting there. High rise condos are often located near city centers, which provide many opportunities to participate in civic events, such as holiday festivals, farmer’s markets and specifically- scheduled activities.
Easy Transportation
Urban condos also allow you to access public transportation easily; so that you can get anywhere you need to go. Buses, taxis, subways and walkways are easily accessible and provide cost-effective transportation throughout the area.
For Young Professionals
The purchase of a condominium puts young professionals in the middle of urban activities. These residents often spend long hours at their jobs and don’t have time for long commutes and maintenance. A condominium in an urban neighborhood allows them to easily meet with friends and enjoy all that the city provides.
For Retirees
For older people who have raised their families and now look forward to more freedom in life, the urban condominium can mean increased recreational opportunities and chances to get out with friends more easily. Maintenance expenses for the condominium are included in condominium fees, which make budgeting retirement income easier. Access to public transportation means that you don’t need a car, which can be an important feature for those who can no longer drive.
A Good Investment
Condominiums tend to hold their value under most market conditions. Many people look to condominium living for a variety of reasons, and the number of condominiums that are available tend to be limited. In some cases, condominiums can also provide rental income. For these reasons, your condominium purchase is likely to be a good investment for years to come.
The right condominium can add new dimensions to your life and can make life easier and more enjoyable for people, both young and old.
If you are looking for a condo to buy in Arizona, We Know Urban Realty will help you find the perfect place. Their realtors are experts when it comes to urban living. Visit the site to see what's available right now: http://weknowurban.com/
