If you're in the market for a new house, you may find yourself debating the pros and cons of a condominium and a single-family home. In fact, there are many reasons why a condo may be the right choice for you.
The changing lifestyles of Americans is often cited as a primary reason that home buyers choose condominium units over single-family homes.
Demographics that are on the increase include single professionals, divorcees, partners without children and active retirees. Buyers who do not need to factor in a yard or school district when they choose a home are not restricting themselves to traditional housing options.
High-End Features and Amenities
Today’s new condos often have gourmet kitchens with top-notch appliances and come standard with high-end materials such as cherry wood floors and cabinets and granite or marble counters and vanity tops.
Another advancement in condo development is the increased focus on sound proofing units so a condo owner may be living in a building with hundreds of other people, but feel that they are in their own private, quiet oasis. Builders are combating noise issues by increasing the amount of drywall or using concrete or brick between units.
Architects are helping reduce noise impact by designing buildings so that bedrooms in one unit do not share a wall with a higher-noise room such as a kitchen or laundry in the adjoining unit.
Windows are most often the way that noise travels in and out of rooms. To ease this frustration, builders may install double-paned windows with a high Sound Transmission Class (STC) rating which usually falls between 28 and 35 (single-paned windows have a STC rating of 20).
Hassle-Free, Convenient Living
Home owners who enjoy the outdoors but don’t have the time or interest in maintaining a big yard find the perfect balance with green spaces on roofs and terraces of condominium buildings. Condo developments may also provide lifestyle-friendly features such as swimming pools, fitness centers and media rooms. Condos also are often located for quick access to restaurants, stores and cultural events without the need for a car.
When you are making the decision to buy a new home, don’t count out a condominium. Your options will open up and you may find yourself enjoying this different way of life!
For more information on condominium developments in your area, contact your local home builders association.