The Top 4 Perks of Buying a Condo

Condos offer a unique residential experience, blending the perks of apartment living with the freedom of homeownership. In Edmonton’s bustling urban landscape, you’ll discover a host of advantages, from the amenities that enrich your daily routine to the sense of security fostered by close-knit neighbors. To learn more about why you should consider buying a condo, read on!

1. Increased Security
Living in a condo provides you with a built-in community, which is great if you are someone who takes comfort in knowing those around you. Having a smaller space forces you to get out of your condo, providing ample opportunities to engage with your neighbors, providing you the security of knowing your community.

Condos also provide much more security when you go on vacation, as you do not need to find someone to stay at your house, and you do not need to worry about break-ins. You have the security of both general condo security, and of the many people living in your condo around you.

2. Predictable Maintenance
When it comes to condo living, not having to be in charge of building maintenance is one of the biggest perks. Imagine not having to shovel snow, cut the grass, or deal with landscaping. You still get all the benefits of enjoying these things, but without the time and effort on your part.

3. Smaller Space
This may sound like a downfall of condo life (and in some ways it can be, especially when there are more people living in a small space or if you have a lifestyle that requires more space), but having less space can also be a benefit. Having less square footage may work well for those with a busy lifestyle, as there is less to clean and maintain. Furthermore, you will likely have to limit how much you own, giving you less things to take care of. Living in a condo allows you to have all the benefits of a larger home, such as a porch or balcony and a yard, as well as other amenities, while still living in a smaller, more manageable space.

4. Amenities
Condos often offer a wide variety of amenities for those living in them, such as a gym, pool, hot tub, or sauna, common area, games room, and many other options. These are great places to get to know those living in your building, and can allow you to create a rich social life without requiring you to go very far. These are things that can also be quite expensive if you were to add them to a home or gain access to outside of a condo.

For any questions about selling or buying your next home, or if you think a condo may be a good option for you, check us out online or contact us! At The LorenzTeam, we are happy to help with all of your real-estate needs!