Have you been thinking about a vacation home? If you have, you should seriously consider a condo. Chances are you will be very happy if you choose a condo, townhouse or any community association property.
Seven out of ten condo owners say they are happy with their purchase. Compared to single-family homes, condos are less expensive. They are easy on your back. Landscaping, plowing, roofing and siding are all taken care of by the homeowners association. Also, the average condo has less square footage than a single-family home which means keeping the interior clean and tidy is easier as well. Who wants to be on vacation and spend your time cleaning a house. Not only will you spend less time keeping your vacation home looking good, you will also spend less money.
Condo association living isn't always perfect, and for some people it just doesn't work. But for most property owners coming from a couple of hours away, the association maintenance helps.
I owned a ski condo in Waterville Valley, NH for a couple of years when my sons were on a snowboard team there, and it was a welcoming feeling to come late on a Friday evening knowing that the walkway and parking lot would be plowed and shoveled. My husband and I were able to spend more time skiing with our sons than trying to maintain a property. The following statistics shows most are happy with their choice of buying a condo:
-88% of association owners believe their association board members strive to serve the best interest of the condo owners.
-73% of owners say their management companies give value to their communities.
-74% believe association rules and regulations help to "protect and enhance" their property values.
-80% of owners say they ge a good return for their assessments when assessments for improvements take place.
If you are looking for a vacation home, consider looking at condominiums. Currently there are 110 condos available with access to Lake Winnipesaukee. They range from small cottage condos starting at $49,900 to large free-standing condos currently at $829,900.
For more information on waterfront or water access property or to schedule time to view properties, please contact me.
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