Is buying a condo in Kelowna good for you?Condominiums have gained quite a bit of popularity in the previous couple of yrs in Kelowna. When detached single-unit residences are still the leaders with the housing market, the amount of those who invest in condos has enhanced by 34% in 2014 and is predicted to grow much more in 2015. Condos depict the 2nd greatest marketed houses following the detached solitary-device home in Kelowna. But is actually a condo the ideal choice for you? Would you be satisfied living in condominium possession?
Amenities or no policies?
Just one sizeable advantage of condominium living is that you get use of all kinds of enjoyment and fabulous amenities. Within the frequent regions of condominium developments, chances are you'll look for a pool, a gym, a tennis court along with other features that you choose to couldn’t afford otherwise. This is the enjoyable Portion of residing in a condo and, in case you price your consolation and leisure time, then a condominium could be an excellent choice for you.
However, condos include a set of policies you have to obey. The strata can make your mind up if you are allowed to own pets, just how much noise you can make or what colour to paint your walls. In the event you value your independence a lot more than anything, then it is best to have a detached one-device property the place no one can inform you how to proceed.
Increased protection or privacy?
Yet another advantage of condominium ownership is condo creating have safety features. Regardless of whether there’s a buzzer or even a guard, the creating is much more guarded than a house. Also, the fact that you have neighbours could make you really feel safer and, in the event of an unexpected emergency, there will be someone there for you. So, if you are concerned about your stability or else you price it a lot more than full privacy, then you need to definitely obtain a condo.
Whilst having shut neighbours is usually reassuring, it can even be overwhelming for someone who desires complete and full privateness. You don’t get that by living in a condo. You'll find shared walls and customary spots and the chances of Conference with no less than one particular neighbour every day are extremely high. When you are the lonely style and you love your silence and privateness, then stay away from condominiums.
Significantly less Routine maintenance or reduce costs?
When residing in a condo, the upkeep is just not your accountability any longer. Broken pipes, weakened roof, snow shovelling or garden mowing – you may cross all of his comment is here those off the list. You'll find men and women that may do this for you personally so that you can use that point to perform a thing you want. For those who dread the considered maintenance and you prefer to a lifetime free of this problem, it can be suggested to purchase a condo.
However, you will discover strata costs when living in a condo. All those expenses are accustomed to include the upkeep along with the facilities costs. Depending upon the making, the strata costs vary and, sometimes, they may be rather pricey. If you are the do-it-on your own sort and you need to save money, Then you definitely shouldn’t buy a condo.
This being said, in Kelowna you will see an awesome choice of condo structures. If you decide to get 1, employ the providers of a leading realtor that will supply you with all the mandatory details and acquire house looking!