When you are buying an Atlanta real estate property, it is important that you consider the type of home that you would like to purchase. There are different strategies that can be used depending on your goals, and these factors need to be considered to ensure that you find the right property to meet your individual needs. In this article we will discuss Tips for Buying a Condo or Townhouse. If you are searching for a condo or townhouse, here are a few things to keep in mind:
Do You Need Amenities?
One of the benefits of owning a townhouse or condo is that the property often offers amenities such as a fitness center, swimming pool, or other commons areas that can be used by residents. Are these features important to you? Make sure that you learn more about the amenities that are offered so that you understand everything that will be covered by your HOA.
There are various styles of condos and townhomes that should be considered. Do you prefer a flat that is several floors up in a tall building, allowing beautiful views of the area? Or, would you rather have a ground-floor unit so that you don’t have to worry about the elevator or stairs? Consider the layout that you prefer, and keep your search focused on that type of style.
Single-family homes are spread out a little bit, but condos and townhomes are setup in a way that more people live in a smaller area. If you don’t like hearing noises from your neighbors, then you need to think about the placement of your unit. For example, you might choose an end unit to avoid sharing walls on both sides. Or, if you don’t like hearing footsteps above then you might consider picking a top-floor condo.
One common oversight is the parking availability in a townhouse or condo community. How many cars will your household bring? Talk with the property manager to find out about the parking availability to ensure that there will be space for your vehicles.
Many people think that they want a condo or a townhouse because they assume that it will be a cheaper price. But, you need to compare the options to understand how the price points work in the neighborhood where you want to live. In some situations, a home might cost a little bit more than a condo, but the difference is minimal. So, the best thing that you can do is talk with your Atlanta real estate agent about your goals for your new home, and determine the right price point that will work best for your family.
If you are ready to buy the home or condo of your dreams, then right now is a great time to contact us at Duffy Realty of Atlanta. We understand the Atlanta real estate market, and we would love to help you find the right home for your family: (678) 318-1700. We hope that you enjoyed our article on Tips for Buying a Condo or Townhouse.