2019 |

Condos, apartments, duplexes, and single-family detached houses are several types of housing that may appear confusing to first-time property buyers. If you are not careful, you may end up regretting your purchase because it will affect you for years ahead. Therefore, this article has compiled four essential factors to consider before you sign any property deal.

Your Lifestyle

tall buildings First, your home must be suitable for your lifestyle. Some people do not need a big house with a big yard because they are not good enough in maintaining them. If you want to have a garden, yet you are too lazy to take care of it, then a condo unit is your best housing option. In Toronto, Canada, Grand Park Village Condos is the best example of a housing type that can accommodate people with a practical mindset. You should visit their website to see more.

Second, if you get bored easily with one place and tend to move around, then renting an apartment will be your most reasonable option. However, you should consider buying a detached house in a strategic area for investment.

The Facilities You Need

Apartments and condos are the most suitable housing types for you if you want to live with lifestyle amenities. However, it is important to note that only high-end apartments have facilities. On the other hand, most condos usually have at least a fitness gym and a park in them.

If your work leaves you exhausted, a sauna and spa facility will boost your wellness for sure. If you like to socialize after work, then buying a condo unit with a bar in the lobby will be a perfect option. You have to know precisely what facilities you need most in your life so that your house will be more than a dwelling place, but a home.

The Neighborhood

It would be naive to think that the surroundings of your property do not affect the quality of the life you have in your home. Therefore, do a quick check on the local newspaper and see the crime rates there. Do not get tricked by property that is built close to a business district. It does not directly mean that the place is safe

Your Big Plans

a baby's crib The big plans here include your decision to get married and have a kid. If you buy a condo and want to have a baby next year, then you must pick a unit that is large enough for a crib, extra cabinets, and a play space. Even if you decide to purchase a single-family detached house, you have to think about whether or not there are potential dangers in the house.

Besides, marriage alone means bringing another person to live you with you. And that person has his/her own personalities and preferences. Therefore, you will need a residential place that can be flexible enough to decorate and modify. And in this case, a studio won’t be a good choice.…

Great Investment

The prices of real estate usually go up with time, more so if the demand keeps on growing as is the case with condos in Canada. This means, as you learn more about the listing, condos are a safe investment that offers high returns. The chances of the value of a condo reducing are quite minimal, especially if it is in a convenient location. With the many financing options available in current times, there is no reason as to why you should not invest in a condo.

Services Offered

Condos are designed to offer a hotel-like living experience. This means that you will not have to concern yourself with maintenance and other time-consuming kinds of work. You will not have to worry about mowing your lawn, maintaining your swimming pool, pest control or overall security among others. The homeowners association will take care of all that as you focus on other things that may be more important to you.

Enhanced Lifestyle

A condo can allow you to live the glamorous life that you desire at a very reasonable cost. The designs of the units, for example, ensure you enjoy modern convenience with sophisticated minimalist styling. Great views, large windows for abundant natural lighting, fantastic finishes, balconies, and terraces are just some of the other things that you will enjoy when living in a condo. There is also an array of other amenities that you can enjoy, such as swimming pools, conference halls, gym, and private garage among others.

Convenience

Condos in Canada are typically located near towns or large settlements where space is limited. This makes condo living convenient as access to banks, schools, supermarkets, hospital, and place of work becomes a lot easier. You will be able to save a significant amount of money on transportation over time. Condos are also springing up in suburban areas in places close to shopping centers, transit hubs, and service centers, offering an attractive alternative to the traditional homes.

Year: 2019

Four Factors to Consider in Choosing a Housing Type