Know About Condos Vs Houses

By | March 31, 2011

For a customer when there is a need to choose one, among the condo or house, there are some aspects which are to be considered. The following are some of these points which explain the advantages of the both condominium and an individual house.

A condominium also called as condo, is a form of real property where a specified part of a piece of real estate is individually owned. The owners of the condo can access the common facilities legally. Condos involve shared living and shared ownership. The condo consists of amenities which are to be shared with cooperative society. The society members also share the maintenance costs. The condos are generally near to the business areas and because of the location, condos can offer easy accessibility to these areas. The condos offer amenities such as recreational parks, playgrounds, swimming pools, gyms, and sports complexes.

The major advantage of the houses over the condos is that they are more affordable than the condos and with the cost of a single condo unit, the customers can buy a 2 to 3 story high house. Generally individual houses are located in the city out skirts and these are best suited for families as they are very peaceful without any disturbances from the neighbors. By having individual house you can have more privacy. You can change the house as you like and there is no need to take permission from the others.

A customer can choose any of the above residential type based on his budget and convenience.