The Advantages of Condo Living

If you’ve ever considered owning real estate, you may have wondered whether or not a condominium is the right living situation for you. Purchasing a condo comes with several great benefits. To help buyers in their decision, Salmon Real Estate, one of the oldest independently owned real estate companies on Staten Island, New York, details the reasons why you might consider choosing a condo for your next residence.

What Is A Condo?

Some may view condos as simply a more luxurious type of apartment. Although they share some similarities, condos, and apartments are significantly different. While an apartment is a leased residence, a condo is a private residence within a larger building or community. Condo owners share common areas with all the others in their community, such as fitness centers, pools, and manicured grounds, but they own the unit itself and will have more freedom than they might in an apartment.

Why Buyers Choose Condos

One of the biggest reasons why buyers elect to purchase condos over other types of real estate properties is the many advantages condos provide. They are an excellent solution for those who want to downsize from a larger home. Some 74 million Americans, or about 27%, choose to live in condos due to the added benefits. These advantages include:

Covered Maintenance

Condos are an excellent option for individuals who wish to own property but also don’t want to deal with the hassle of exterior maintenance. It’s the best of both worlds. Yard work, snow removal, and home repairs are all covered. Additionally, entryways and community spaces will be taken care of by the maintenance staff, allowing condo owners to only worry about their space.

Better Security

Security is often emphasized in the real estate buying process. Residents want to feel safe and secure where they choose to rest their heads. Most condo buildings have enhanced security systems, including surveillance cameras and doormen. This benefit can be especially important for those who live alone.

Access to On-Site Amenities

A great advantage of owning a condo that you won’t get with other types of properties is access to top-notch amenities. And these services aren’t restricted to just the most luxurious condominiums. Most condos offer residents access to community spaces like pools, rooftop terraces, and various fitness facilities, including gyms and tennis courts.

Great Sense of Community

Because most condos and complexes have communal spaces, they naturally encourage a feeling of community and camaraderie. Residents can gather in these spaces and spend quality time getting to know one another. You may even develop friendships and coordinate events and activities with your neighbors.

In addition, many condo communities will host fun events for residents such as movie nights, game nights, wine tastings, cookouts, and more.

Explore Condos and More in Staten Island

When it comes to your next home, you’ll want to carefully consider all your options to find the living situation that’s right for you. The experienced real estate consultants at Salmon Real Estate can assist, guiding you through every step of the purchasing process. With invaluable experience and resources to help you buy or sell property, our team offers listings of various property types in the Staten Island area, including condos, to help you find your ideal home.

For more information regarding our available listings, as well as our professional real estate services, contact us today at Salmon Real Estate.