The Many Benefits of Buying a Condo

Posted by Gurpreet Ghatehora on Saturday, April 23rd, 2016 at 10:32pm.

When people start looking for real estate, they often make one of their first decisions without even really considering the options. That decision is the choice between a traditional single-family home and a condo. Each have their own benefits and drawbacks, but so many new home buyers ignore the condo market in favour of a regular home, which means they could be missing out on a lot of advantages. Here are some of the key benefits of buying and living in a condo compared to living in a single-family home.

1. Leave the Outdoor Work to Someone Else

Shovelling snow, mowing lawns, seeding grass, all of these activities are handled by someone else when you buy a condo. Sure, working a garden can be therapeutic, and lead to some great homemade meals using the freshest ingredients possible, but owning a condo means you could grow a garden without having to do everything else, like the backbreaking labour of regular lawn maintenance. If you have a great balcony, or a community garden available in a condo, why not just focus on what you want to do?

2. Extras and Amenities

There are, simply put, very few homes on the market with professional gyms, swimming pools, community barbeques, and more. But there are plenty of condo buildings who have these things and much, much more, all with the added bonus that they aren’t your personal responsibility. The condo’s pool, for example, while not your very own persona pool, is maintained and cleaned by a professional that you all pay for collectively, not you, and that makes using them even better.

3. Location, Location, Location

As Edmonton’s single-family houses are built further and further away from the downtown core, condo buildings are offering people a convenient and luxurious living experience within walking distance of Jasper Ave, Whyte Ave, and other Edmonton hotspots. That means faster commute times, a chance to live where the action is, and even cutting down on extra expenses like multiple vehicles.

4. Security

While many condos are located in Edmonton’s downtown , internal security is rarely an issue. From hi-tech security options and protocols to simply having a concierge and 24-hour security, many condos in Edmonton are arguably more secure than single-family homes. And, once again, the cost is paid for collectively, giving you arguably better security at a much more reasonable price.

While there are advantages to the traditional single-family home, Edmonton’s growing condo market is offering all kinds of benefits to homeowners. Whether you want the amenities, the lack of maintenance responsibilities, or a better-located living situation, a condo may provide you with the housing experience you want, without having to deal with the extra responsibilities and financial burdens of the traditional home.

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