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The Benefits and Disadvantages of Condos

By
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

This article is reprinted by permission from CondoBenefits.com

 

Advantages

 

  1. Condos on average are more affordable then other types of housing.
  2. Maintenance of the exterior of the building will be take care of.
  3. The peace of mind living next to neighbors if help is needed.
  4. Condos can be located in major cities surrounded by restaurants, night clubs, and local bars.
  5. Many condos offer a pool, gym, and basketball/tennis court for those who are active.

 

*Bonus*

 

Condos are often located in high rise building making for spectacular views.

 

Disadvantages

 

  1. 1. There are condo rules by the condo corporation that would have to be followed.
  2. Condos can have additional fees such as corporation fees.
  3. Only your interior walls inward are own by you (depending on which type of condo you own.)
  4. You will have to share the pool, gym, and basketball/tennis courts will your other neighbors.

 

Self Search of Real Estate in Northern Virginia

 

To search properties on your own, please select the city or county closest to your destination and the type of property you seek.

 

 

If you have questions, we’re here to help. Click here if you’d prefer for us to do the search.

See all condos for sale in Franconia / Kingstowne.

Comments(1)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Will, great information for buyers looking of what to buy.  Hope you are having a great year.

Aug 11, 2014 03:17 AM