Is the apartment or condo life for you? Both are similar in structure, being an individual unit within a larger residential building, but ownership is the main difference between an apartment and a condo. An apartment is rented while an individual owns a condo. Whether you decide to rent or buy, there are significant pros and cons of living in a multi-family dwelling instead of a single-family residence.
Benefits of Living in an Apartment or Condo Community
- Less Maintenance – Does the thought of spending your free time cleaning, maintaining a home, and doing chores leave you feeling frustrated and empty? Mowing the lawn, pressure washing the driveway, weeding the flower beds, and cutting back the shrubs will all become a thing of the past in an apartment or condo.
- Reduced Utilities – Living in an apartment or condo usually means reducing the square footage of your living space which should equate to lower utility bills.
- Amenities – Many complexes offer upgraded amenities to what you would find in a single-family dwelling. Things like a pool, fitness gym, walking trails, pet spa, tennis courts, clubhouse, beefed-up security, and even a coffee shop can be found on site.
- Community – Often, living in an apartment or condo complex fosters a greater sense of community. When you live in such close quarters with your neighbors, it is easier to get to know them and spend time with them.
Drawbacks of Living in an Apartment or Condo Community
- Smaller Dwellings – Space comes at a premium in apartment or condo life. You may be at a point in your life where “bigger is not always better” and “less is more.” But it would be beneficial to look at how you use your living space to determine if everything would fit your new life. Think about any hobbies that require an open-air space like a patio or garage, as those are much harder to find in these communities.
- Additional Fees – The lack of maintenance and excellent amenities usually come with a price tag in the form of HOA fees or rental fees. You will need to decide if the ease of living and added extras are worth the added fees. Factor these costs into the complete financial summary of each option.
- Noise Level – Sharing walls, floors, and the ceiling with neighbors can come with its own set of challenges. Many communities have clear expectations of noise regulation hours. Are you willing to abide by the noise regulations and do you have reasonable expectations for the noise levels of your neighbors?
- Lack of Control – In an apartment or condo, you will not have complete control over decisions regarding building repair, building upgrades, and even some community issues. Many people enjoy not worrying about these items, but others find the lack of control too hard of a pill to swallow.
Zippy Shell is the perfect solution for those looking to downsize or move into a smaller space. With portable storage, you can forego the hassle of having to drive your extra belongings to a storage location. A storage unit can be delivered to your home, where you can load your belongings into it directly. You can cut your work in half by only loading and unloading one time into portable storage containers versus multiple times with self-storage. Contact us today for answers to any questions you may have!