2006-12-18 11:21:54 · 9 answers · asked by crystal 1 in Business & Finance ➔ Renting & Real Estate
I would suggest a condo or even a row home...you can find very nice ones that are just as comfortable as any house...However your utility costs will be lower and typically you do not have to worry about yard upkeep...However in a house you do not have to worry about anyone being directly next and/or above you as you will in a condo or row home...If you stick with a row home you will only have to deal with people beside you, which is not so bad...Personal preference really. But I will Reiterate the condo or row home might be better for a first time buyer.
Although another thought that comes into mind is how far down the road you are thinking? It may be wise for you to go for house if you are only planning on keeping it for couple of years...any additional work you put into the home can benefit you grealty. you could turn around and sell it for quite a bit more than what you purchased it for and profit!
Depends on your goals.
2006-12-18 11:37:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
whatever you can afford to get into the ownership market. Depending on your area the house may have better re-sale appeal than a condo. However condos are hot on the West Coast and in metropolitan areas. If you can buy a house as a first time that would be great, that is if you can afford it. Good luck.
2006-12-18 19:31:22 · answer #2 · answered by Steve P 5 · 0⤊ 1⤋
I would probably go for the condo, maybe renting first, and then later on get a real house. This way, you don't go into debt right away, it happened to someone I know! I bet you will be glad you did! Of course, it also depends on the state the condo is in...
2006-12-18 19:28:57 · answer #3 · answered by bdgrhockey2 1 · 0⤊ 1⤋
I would say house.. Some condo's have noise issues from the neighbors you share walls with. Thats just about the last thing you want to have to deal with after plunking down a big chunk of savings.
2006-12-18 19:31:33 · answer #4 · answered by days_o_work 4 · 0⤊ 1⤋
House. A house is more private, and you have more freedom to do what you want to it (renovations, etc). People tend to be busy bodies also, and they're worse in condos because of the nature of the closeness of them.
2006-12-18 19:29:58 · answer #5 · answered by Michelle D 3 · 0⤊ 1⤋
definately a house, you not only own the house but the land as well , plus make sure you get mineral and air space rights as well. with a condo you only own your section of the structure and not the land, so at any time they can tell you to move your part of the structure, and what you can and can not do with your structure and land., with a house it is yours to do with as you legally see fit.
2006-12-18 19:32:00 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Do you mind doing yardwork? - mowing lawns, cleaning gutters, fertilizing lawn, etc. If so, condo. Do you need a lot of space. If not, condo. Are you a party animal who will blare their music? If not, condo.
2006-12-18 19:31:11 · answer #7 · answered by DonnieD 2 · 0⤊ 1⤋
Depends if you like to perform upkeep on your lawn.
I would say a house. You have a yard!
Good luck either way.
2006-12-18 19:29:12 · answer #8 · answered by jforrest46221 2 · 0⤊ 1⤋
Any realestate investment is good.Condo / house depends on ur income.
2006-12-18 23:11:59 · answer #9 · answered by ashwiniak2 1 · 0⤊ 0⤋