Coldwell Banker Realty
Debbie Goldberg, Coldwell Banker RealtyPhone: (203) 506-5846
Email: [email protected]

Pros and Cons of Buying a Condominium

by Debbie Goldberg 05/03/2020

Image by Wayne Feickert from Pixabay

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.

Low Maintenance

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.

Privacy

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.

Weather

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.

Interior

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.

About the Author
Author

Debbie Goldberg

I'm a full time Realtor with over 30 years of experience yet young enough to embrace today's ever-changing scope of marketing and technology. Having grown up in Connecticut and moved many times (too many to count!) I can empathize with today's buyers and sellers. Strictly maintaining ethical standards and being a fierce advocate on behalf of my clients are things I take very seriously. As a buyer, you can expect me to listen to and evaluate your real estate wants and needs. I can assist in explaining relevant forms, agreements, and closing procedures. I will guide you through the process of finding the right home, negotiating your offer, adhering to all contract dates and terms as well as final walk through and closing procedures. As a seller, I will listen to and evaluate your goals, needs, and timing in order to properly price your home to get the maximum exposure needed to attract the right buyers. In addition to negotiating on your behalf, I will make sure we communicate throughout the entire process as we navigate the contract terms, finance and inspection contingencies, as well as all closing procedures. I was born in Japan, grew up in Hamden and lived in New York, Ohio and Southern California before settling down in New Haven county to raise two kids, two dogs and a cat. I'm passionate about good food and love to bake. Some of my free time has been spent volunteering at Temple Beth Sholom, a synagogue where my family has been members for over 40 years. I also spend time at Tower One/Tower East, an assisted living center in New Haven where my mother-in-law now resides. 30 years of helping buyers and sellers achieve their goals has given me the peace of mind to know that what I do everyday matters. If you are thinking of buying or selling please keep me in mind.