Two houses, which one will you choose?

Question

Option 1:
Condo on 2nd floor, $310,000.
2 bedroom, 2 bath, 2 covered parking spaces.
830 sq ft. No lot. Sharing pool facilities with other 36 units.
Located in a just okay neighborhood.
HOA fees $200/month.

Option 2:
An attached single family house, $302,000.
1 bedroom, 1bath, 1 attached covered garage.
480 sq ft (small) plus a covered patio (120 sq ft)
Lot size 1400 sq ft.
Located in a good neighborhood.
HOA fees $40/month.

Answer 1

Option #2, from experience condos and their HOAs, are rip offs, you will regret living in an apartment, have a real home, even though it is small.

Answer 2

Neither, I'd pass on both. I own a condo and can't wait until I can get rid of it. Too many headaches with the HOA. A 480sf house is not a house, it's a room. There's no way I would ever pay that much money for something so small.

Answer 3

Sometimes bigger isn't always the best to start out with . Could put you in a bind financially . Start small , you can always add on . Now Adays, families think they always need a bigger place .
And then run into a problem paying .
Start small , and later expand or move when you can afford it .
Better to be safe then sorry !!!!!

Answer 4

Option #2 of course, unless you are a family with kids, but then 2ND floor stinks anyway.

Answer 5

the first one.

Answer 6

option #2 and you could always add on a room or two.