The biggest advantage to buying a condominium is that you no longer have to worry about upkeep and maintenance. The association dues you pay every month covers all of that. It might seem expensive at first, but compare it to the cost of replacing a furnace or roof and you’ll realize that the fees are fairly reasonable. Also, you don’t need to have to shovel snow to reach your front door or rake the leaves – the condominium’s staff does all of that for you. Condominiums are also great starter homes, especially for single yuppies or young families. Many people who moved into condos claim that they enjoy the close-knit community. Finally, it’s an investment property that goes up in value especially when renovations are done. A simple renovation in the kitchen or bathroom increases the unit’s value by thousands.
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