Kelly Innello's Blog
215 Winter, Weymouth, MA 02188
15 Arbor Hills Dr, Kingston, MA 02364
Owning a condo can provide you with the best of both worlds. While you own your unit, ownership of the common areas, land and building are shared. The other members of the condo association share costs with you. Either a property management company or the board of directors is responsible for making any big decisions.
There are a number of advantages of condo living but there are six big ones:
1. No Outside Maintenance
Regardless of the season, there is always outside work that needs to be done. Thankfully, if you live in a condo, then someone else is responsible for mowing the grass, pruning the trees and shoveling the walks. You also won't have to worry about making any repairs to the outside structures. The condo fees that you pay monthly are designed to pay for these services.
2. Customize Your Space
If you rent an apartment, you're usually limited in the ways you can decorate. This isn't the case when it comes to condo living. You can paint the walls to suit your tastes, hang pictures wherever you like and even renovate to create the perfect space.
3. Access to Amenities
Many condo buildings offer amenities that aren't included in many homes or apartment buildings. Tennis courts, a gym, basketball courts and a swimming pool are just a few of the popular options.
4. Prime Location
Living space in a major city can often be difficult to find -- not to mention expensive. Opting for condo living often provides a practical solution to this issue. You'll also be able to enjoy easy access to things like shopping, cultural events, dining, public transportation, work and more.
5. Share Major Costs
Typically, a portion of your condo fees are earmarked for a reserve fund. This is used for major repairs like replacing the roof, renovating the exterior or repaving the parking lot. In the event that the reserve fund isn't sufficient to pay for a needed expense, you won't have to bear the cost alone. Instead, it will be equally shared among all the condo owners.
6. Extra Security
Some condo buildings have a secure entrance, are gated or have a doorman. Having neighbors that live beside you might make you feel safer. If you travel, you won't have to worry about your home as much.
Condo living can allow you to enjoy the freedom of homeownership without the negatives that sometimes go along with it. A local real estate agent can help you find a condo that meets your needs.
521 Colony Pl, Plymouth, MA 02360
Whether you are buying a condo as a starter home, downsizing or if you just don’t like taking care of a yard, a condo might be the perfect situation for you. However, even with the plus of not having to maintain a yard, condos do have other pros and cons.
While you won't have to keep up with landscaping or worry about exterior tasks like washing or painting, you are at the mercy of those contracted to complete those tasks. The list of outside chores generally covered within a condo complex is long, including mowing, cleaning gutters, driveway maintenance, trimming shrubbery and otherwise keeping the landscaping and yard maintained. However, if you prefer gray paint on your house and the condo complex chooses to paint it brown, you’re pretty much out of luck. You will have to maintain the interior of your condo and make sure any shared walls are in good condition.
Rules and Regulations
Even when you buy a condo, you have to abide by the condo association’s rules and regulations. That means no pets if that is a rule, even though you own the condo. However, rules and regulations are sometimes a good thing. If you prefer enforced quiet hours or that no one has pets because you are allergic, these types of rules will benefit you.
In a nutshell, a condo is very similar to an apartment. You share walls just as you would in an apartment. You might have people over you and under you. Unless you have an end unit, you have people on either side of you. Some may like living in close quarters with other people — they feel safer and are more comfortable having neighbors very close. But, if you want more privacy, condominium living might not be for you.
If you live in a cooler climate, you don’t have to worry about clearing snow. The driveway is cared for by the condo association, which means it is cleared and then salted so that people do not slip. If the wind blows a tree over on the property, you don’t have to wrestle with a chainsaw to clean it up or find someone who is reliable to show up to clean up the mess.
Depending on how the condo is set up, in addition to walls and ceilings, you might share an interior hallway with others. While you won’t have to keep the hallway clean, you will routinely hear the foot traffic of your neighbors. Most people who live in communities like these are mindful of the amount of noise they create within shared space. However, noise could still be a significant disruption especially when neighbors keep opposite schedules.