How Do You Know If a House or a Condo Will Be the Right Fit?

Philadelphia Real Estate Podcast With Jack Barry

How do you decide whether a house or condo is a better fit for you? Here's how I help clients make the decision.

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When you're looking to buy a home, how do you decide which choice is best between a house and a condo?
It's a big decision, so we want to start with a list of pros and cons of both homes and condos. Each unit is different, but they generally share a few pros and cons.
For instance, one of the pros of a condo is that you usually get to live in the center of town. You usually get security, parking, and maintenance as well. The downside is that those conveniences need to be paid in a monthly fee. The condominium association will come with rules and regulations as well. It might dictate things like who can stay there and where they can park and what kind of decorations you can put on your windows or door. These things are all decided by the community.

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Condos have many conveniences, but they come at a price.

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This can be bothersome to some people, but many others simply don't care.
On the house side, you'll probably have to live further out from the center of town. However, the big pro is that you have no restrictions. You can do whatever you want to your home and you aren't restricted by limits on pets or how many people can live there. You're also responsible for the home's maintenance like lawn care and roof care, as well as replacing things like old windows and doors.
The good thing about going through a list like this is that it answers the question for most buyers of whether they want to go with a home or a condo. If you'd like to have a more in-depth conversation about your specific situation and whether a condo or house makes more sense for you, don't hesitate to give me a call or send me an email. I'm always happy to help!