Own a Condo or House & Lot? Know the PROs & CONs...

Buying a home isn't anything like a window shopping: you can't simply look at glass displays and pick out a desired property on a whim. Buying property takes time and even a lot more prudent thought, especially when, unlike in the board game monopoly, one has to pay using real currency and not playing money. Before, when one speaks of buying a home, first thought is usually a house and lot, complete perhaps with a garage and a small garden or backyard. But nowadays, the increase of the working class, which includes even those as young as in their 20s, means that buying a house could refer to getting a condominium unit instead.

Condos have, in recent years, become the competition against house and lots, and this isn't much of a surprise:

• condo units are mostly erected at the heart of bustling cities where numerous jobs and businesses could be found.
  
• They are usually built near offices, important buildings and even shopping malls. 
• Just a few paces away, one could already be arriving at work or having breakfast in a restaurant or buying groceries without spending more than ten minutes.
• Condos are undoubtedly a very convenient way of living in the city where life seems to move in a pace akin to that of "Bullet Train".
  

However, as much as condominiums possess an advantageous location,

• they don't have the kind of comfort that a house and lot could provide.

• For one thing condos are not properties that can one enjoy as their own.

• While it is a worthwhile investment, a condo unit does not provide  real sense of ownership, and it also means having to inevitably share a home with a lot of people.
• There is also less privacy in a condo unit, as there are mere concrete walls that separate you from your neighbors.
• There is also the sense of having to abide by the condominium's setup.
• There is also very limited space where your sense of individuality could be exercised."You will also have to abide by the conditions and restrictions which may include what type of curtains are acceptable, among other things." wrote Betsy Young of www.heluim.com.

As Nef cortez of EzineArticles.com wrote, "...they (the owners of condo units) jointly own an interest in the common areas that they share such as the land, lobby, hallways, swimming pool, grounds and parking lot".

Though some units are definitely larger than others, they are still built in such a way that occupies just a certain amount of space that is impossible to extend.

• Condos are no more than rooms that have been blown up like giant portraits in order to replicate the architecture of a real house.

• Like most buildings in the city, condo units give the impression that you haven't really left the orderly and geometrical patterns of offices.

But when you opt to buy land for a house, you tend to have more freedom in both the land and house development because the property is not shared with neighbors.

• One feels the absolute sense of ownership absent in condo units. if you decide to put extensions in the house, like a garden or a lanai, or even build a more floors, you may do so without too many complications, something that in a condo would mean encroaching upon the neighbor's property.

• Extra rooms could also be built or maybe, a room could be converted into an office for those who are self-employed, all without the hassle of having to ask permission from the building landlord.

• Also, while loud parties are stronlgly discouraged for people living in condos, a celebration in a traditional house fosters not only a homey feeling with your guests but also a sense of freedom when you are not running the risk of annoying your neighbors.

• As petra bringkman-Wulf of realestatecondo. net wrote, "The main advantage of purchasing a freehold home is that you will be able to enjoy a family friendly environment".

• Traditional horizontal homes also allow one to develop their green thumbs, especially when you can cultivate a piece of land for a garden. You could either have simple garden with some trees, flower pots and even rows of various vegetables, or a landscaped backyard complete with a veranda and a coffee table where you and your love once could enjoy meals or the pleasures of reading while surrounded by nature.

When buying a house, one must  always consider that this is a place where a home is built...
- https://www.affordablecebu.com/