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Should you buy a condo, townhouse, or house?

Posted Apr 28th 2022 in

Should you buy a condo, townhouse, or house?

The answer depends on your lifestyle and your financial goals.

Condo living usually means that amenities like pools and gym equipment are shared. This can be great if you don’t have the time to maintain these amenities yourself, but it also means that you might have to share them with residents who don’t respect or clean up after themselves. 

Townhouses usually cost more than condos, and monthly fees can be high. If you’re looking for the convenience of a condo without the monthly fees, townhouses are a good choice—just make sure you have the time to maintain things like a yard, pool, and other amenities yourself.

Houses tend to be the most expensive option, but they generally offer more space than condos and townhouses. Houses also tend to appreciate faster than condos or townhouses, so buying a house might be the best way to go if you’re investing for your future.

If you aren’t sure which option is best for you, it’s always worth talking with a real estate agent who knows your market well. You can ask them about features like the cost of condo fees and how long properties in your price range stay on the market.

You have many options, including a town home, condo, or single-family home. It’s all about your price point, lifestyle, and how much work you want to put in.

There’s a new generation of homeowners out there, and they may not be ready for the challenges that come with owning a detached house.

If cost is a major factor for you, and you don’t need much space, a condo or townhouse might be a better fit than a detached house. These properties offer lower prices per square foot than detached houses. On the other hand, if you’d like more outdoor space and privacy—and aren’t overly concerned about the price—a detached house may be best for you.

Townhouses are easier to maintain than detached houses because the fees cover the exterior maintenance of the building. In contrast, with detached houses, homeowners are solely responsible for all upkeep of the property. Condos are even more convenient because they typically include full-service amenities such as concierge services and fitness centres.

Detached homes are a great choice for buyers looking for space for their growing families or those who want to avoid maintenance fees. And with lots of room inside and out, detached homes can be an ideal place to entertain guests.

If you buy a detached home, we recommend you look for one as close as possible to schools, churches, and other community buildings. This will make it easy to meet your neighbours and get involved with your local community.

We also recommend looking for a detached home with lots of windows that receive abundant sunlight. A well-lit home is more likely to sell in the future than one that is dark and dreary.

When looking at homes, take time to view several before deciding. You deserve the best!

Look for homes for sale in Oshawa, Clarington, and Bowmanville.