The Difference Between a Single Family Home and a Condo

Determining what house to buy is a tough thing to do particularly if it is your first time to do such.  One of the common problem a house buyer faces is to whether buy a single family home or a condo unit.   It's certainly hard to result to a conclusion particularly if you don't know the distinction between the two alternatives.  Some people would just readily decide even though they are unaware of the benefits and drawbacks of choosing either of the two. Let's start off by figuring out what these 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.

 At this time you now know the distinction between a condo and a single family home.  Realizing the deviation among the two choices can directly give you a hint to whether which option would best fit you and your family. May we now discuss the pros and cons of selecting which one to have. 

Planning to join the active life in the city? Condominiums are just right for you.  Besides the costly worth of single family homes in the metropolis, condos also have many to offer.  Less maintenance for the reason that condo owners would try to do all those things by themselves.  Condominiums are usually near to other establishments such as cafes, restaurants, theaters, shops and grocery stores.   There are also certain amenities that you can enjoy such as exclusive use of the sauna, gym and pool.  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 what you are after is privacy then traditional houses in suburbs best fits you.  A place like such can give you greater privacy, no common walls and less disturbing noise from surrounding people.   You do some renovations or expand freely if you want.  Delight in a lawn where you can put up a pool or a garden maybe.   A single family home can be a great investment as well. Homes have wider appeal than condos and will always appreciate at a better rate in the real estate market. Sad to say a traditional home is a more pricey 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 figure out if which one is appropriate for you, your family and your budget. Pay a visit to  Cumming GA homes for great condos or Buford GA real estate for beautiful single family houses.  Think a thousand times earlier than making a decision, value and comfort matters in  Acworth GA homes for sale.