I'm considering purchasing a condo... I have got some bad feedback from this idea. What do you guys think??
2007-07-20 07:52:27 · 27 answers · asked by DrewS 2 in Business & Finance ➔ Renting & Real Estate
Howdy Partner - I'm from Tx and I'd say buy a HOUSE - Theres nothing better than Having a BACKYARD for BBQ, a POOL maybe? the Dogs and Kidz to run in, a SHED for tools and a WORKSHOP, Plus I haven't even made it to the GARAGE! So unless you can't "Man-up" and take care of a real YARD with power toolz and drink a COLD BEER outta your beer fridge in your garage. And you wanna be able to say " I'm at MY HOUSE" instead of "Lets go to my condo" then go get yourself a sissy condo and we'll call you the condo-boy. Nuff said, good luck buddy!
2007-07-20 08:10:38 · answer #1 · answered by DALLAS-SHOOTER 1 · 1⤊ 0⤋
Please if you can at all afford that house forget the condo !!! I can almost guarantee you , you will not be in that condo 2 months before you regret the purchase.
A condo is just a step on the path to home ownership ! Skip this step and all the hassle and go straight for the house !
Condos are NOTHING more than over glorified apartments ! You will have problems at some point over something stupid with a neighbor. Condos breed trouble with people ! Trust me too close ! Buy a house and they can be hard as heck to sell!
2007-07-21 13:58:59 · answer #2 · answered by yeah , yeah whatever 6 · 0⤊ 0⤋
It really depends on the lifestyle that you lead. If you are a single guy or married without children and have a busy life outside of your home then a condo would be a great idea. If you are married with kids and love to work around the house (cutting grass, fixing problems, painting shutters) etc then consider a house. With either purchase you will gain equity so it is still better than renting.
2007-07-20 07:56:23 · answer #3 · answered by D and G Gifts Etc 6 · 0⤊ 0⤋
I'm retired and was considering buying a condo but I consider all of the pros and cons of each. I finally decided to buy a much bigger house. My wife also liked the idea. I bought a 3000 sq.ft. house to have plenty of room. We have a 3 car attached garage. Plenty of room for guests and the grandkids. I built an inground pool, a 1/4 mile running track, a playground, a 1/4 mile gocart track for the grandkids and a 2000 sqft. work shop. I should mention that we have 5 acres. We couldn't have done any of this in a condo. The property has dramatically increased in value due to the improvements. We also built a fishing pond with a rowboat dock. We are happy with our decison..Good luck
2007-07-20 08:12:50 · answer #4 · answered by John 6 · 1⤊ 0⤋
condo if you are single and not looking to have a family and a house if you have a family or want a family. It will have benefits both ways. If you buy a condo you can resell it and same with a house. but if you are single and work alot and don't have alot of time for the upkeep of a home I would go for the condo. But if you love to work in the yard on your time off and then I would buy a house. The choice is yours my friend this is my opinion thats all.
2007-07-20 08:04:12 · answer #5 · answered by Tracybeth 2 · 0⤊ 1⤋
Condos are great if they are in a great location. Location, location, location -- if you want the value to go up. They are low maintenance, you have deed (unlike renting), and no yard work. I personally like a lot of land, but I have a baby and dogs and we need the room. Depending on your age, you may want different things. Many retirees buy condos because of the simplicity and they still own something. HOA (Home Owners Association) fees are another thing to check out when you purchase a condo. Some fees are reasonable and go to things like new roofs, trash pick-up, yard and pool maintenance and others things like that. But some HOA fees can be outrageous, so check 'em out before you buy. Good Luck.
2007-07-20 08:01:49 · answer #6 · answered by Anonymous · 0⤊ 1⤋
i thnk it really depends on you, cause if u like to go out and cut the grass and take care of the yard then u should get a house. But if u dont have enough time on ur hands then u should get a condo.
I would go with a condo!!
2007-07-20 07:55:32 · answer #7 · answered by Ms. Beckham 2 · 0⤊ 0⤋
Finances can factor into this, but outside of finances (equity) and resale value - think of the other stuff....
A house has outside maintenance - yard work, landscaping, shoveling snow, but you can have a lot more privacy and latitude with what you do.
A condo has neighbors closer by but you don't need to take complete responsibility of the basic maintenance. But - many condos have rules you must abide by.
Do you have a dog? Do you have kids? Do you expect to have lots of parties? Do you mind rules restricting your actions - such as decorating in a Star Trek Theme
I think your lifestyle has a lot of weight in which option is the best for you personally.
2007-07-20 08:00:03 · answer #8 · answered by Answer Queen 3 · 1⤊ 0⤋
A condo is really just an apartment. Some people don't like apartment living (i.e. one man's ceiling is another man's floor, etc). They're not very big (maybe as much as 1200 sq ft or a little more, usually less). Upside is that you don't have to mow the lawn or worry about maintenance/upkeep.
Resale can be difficult since, as stated before, some people don't like apartment living.
2007-07-20 08:01:51 · answer #9 · answered by Anonymous · 1⤊ 0⤋
condos are fine if you don't mind not having a yard, following the rules of the home owner's association, and listening to your neighbor's music whenever he decides to play it at a volume that can be heard through the wall.
Personally, I'm looking for a house, but condos can be a good option for some people.
2007-07-20 07:55:56 · answer #10 · answered by Anonymous · 2⤊ 0⤋