When you’re house hunting there are many decisions that need to be made, including whether you want a condo or house. Here’s a list of pros and cons for each so you can decide which of these options meets your needs.
Condo:
Pro: Maintenance such as hallway cleaning and landscaping is provided, affordability, possible on-site gym and an instant community.
Cons: You have to pay a monthly fee, close proximity to your neighbors, communal parking and possibly lower resale value.
Single Family House:
Pro: Land ownership, stand-alone structure, freedom to modify as needed, no pet or use restrictions, higher resale value, greater privacy and private parking.
Con: All maintenance falls on you – landscaping, home repairs, bug infestation plus higher costs to buy and higher property taxes.
Christine is the Content Marketing Coordinator for Homes.com. She's a small town girl at heart, who currently lives in Norfolk, VA with her husband and their fur baby. When she's not working, she enjoys cooking, decorating, traveling, and binge watching Netflix. As a proud Virginia Tech alum, she also loves cheering on the Hokies!
