Condominiums are now popularly known as condos. House and living experts predict that people will invest on condos so heavily in the next few decades to lead to another setup of living. Then one is only left to wonder what reason would lead to this. Is it a government regulation? Is it that people are forced to take up this kind of living set up? Or is it due to demand for housing? As much as all those factors contribute to demand condos, the many benefits they offer are mainly the reason this kind of living style will be so popular. So let enlighten our dear readers with various benefits condos offer.
Benefits of living in a condo
The cost aspect
The cost of building a house with your compound is far too high nowadays. Buying one such a home is even two folds more expensive. Since the state of the economy is hard, then the next possible solution is to find a way to cost share some expenses. Buying a unit in a condominium is far much cheap that buying a home of similar size sitting on its land. Condo owners and investors cut cost on land, sharing of common walls and buying material in bulk.
The location aspect
It is far too common nowadays to see condos coming up in towns or near town suburbs. The development and housing departments allow this since one unit can accommodate several families yet use a small land. So, what does this mean? It means that people are close to their workplaces, people avoid using cars and thus less carbon emission, better organization, and collection of garbage and more benefits. Investors are encouraged to build even taller but safe condos that can accommodate more families upstairs.
The amenities aspect
How does it feel to live in a house with your favorite restaurant, a swimming pool or a gym down floors or up floors? Isn’t it a good thing. To beat the competition, condos investors are equipping this residential unit with amazing facilities to entice potential customers both for rentals or buying. This leads to a win-win situation where the sellers sell their units faster and buyers are able to live like kings.
The great floor plans
Condo sellers have different floor plans to suit different buyers. Some have a bigger bedroom and a small kitchen while others have other combinations. This can determine how comfortable one is going be while living in the unit. Consider Ivy Condo floorplan today and be sure to get one that suits you best.