Have you been thinking about simplifying life? Many people get to a point where they’d rather travel, spend time with friends/family or enjoy their hobbies than invest their time and efforts in maintaining their home. If this is you, condo living may be the right fit. Consider these factors before making your decision:
- Lifestyle: Condo living can be great for those who want a low-maintenance lifestyle. You won’t have to worry about outdoor maintenance, such as mowing the lawn or shoveling snow. This can be particularly attractive for retirees or busy professionals. On the other hand, if you enjoy spending time in your yard or having more space to yourself, a condo may not be the right fit.
- Cost: While condos can be less expensive than a single-family home, they also come with monthly fees for things like maintenance and amenities. Make sure to factor in these costs when considering if a condo is within your budget. Additionally, you’ll want to factor in any costs associated with selling your home, such as real estate agent fees and closing costs.
- Location: Condos are often located in urban or suburban areas, which can be great for those who want to be close to amenities like restaurants and shops. However, if you prefer a more rural or secluded location, a condo may not be the right fit.
- Space: Condos typically offer less space than a single-family home, which can be a challenge if you have a lot of belongings or need space for visiting family members or hobbies. Make sure to consider the amount of space you need when deciding if a condo is right for you.
Choosing to shift to the condo lifestyle can be a big change, but for many it is a great fit and allows them to simplify life and have time to do the things that they enjoy. Looking for more info about the process of downsizing to a condo? Reach out to me, I’m happy to help!