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Buying a home vs a condo

House or condo: Which is right for you?



You’ve decided to buy a new home. Now it’s time to decide what kind of home you want: Are you in the market for a house or for a condo?

 

There are numerous factors that come into play when considering which style of home ownership suits you best, but above all, it comes down to personal preference. Are you someone who prefers to call on someone else when you need repairs? Do you hate home maintenance such as shoveling snow, cutting grass and tending gardens? If so you, you’d likely prefer a condo where those things are taken care of for you. Alternately, if you love having a yard and handling your own home maintenance and renovations, then a house would be perfect for you.

 

Another consideration is space. Condos are obviously much smaller than houses, which can be troublesome if you have plans to expand your family in the near future. Also, if you have pets, you may prefer a larger home with a yard in which you can let them roam free.

 

You’ll also want to consider privacy. Some people find condos lack a sense of privacy since there’s only a wall separating you from neighbours. As well, while condos often have perks such as party rooms, on-site gyms and patios, these are shared with everyone in the complex. If you prefer your own space that doesn’t require advance booking, a house is a better option.

 

There’s no question of which is better or worse when it comes to choosing a house or a condo. It’s simply a matter of what suits you, your family and your lifestyle.

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