In life, we’re all bound to move out of our parent’s house and live alone– or maybe, live with someone to whom we got married. While it is true that living in a newly bought condo for sale is not suitable for everyone, we can’t just ignore the fact that living near shopping malls, and city landmarks are a good bang for your buck. Easy access to everything, right? However, if you are still contemplating whether you’ll choose a house and lot for sale or a new condominium for sale unit, then this blog will give you the basic knowledge you’ll need about living in a condo, and after this, maybe you’ll get the answer to your question.
Let’s move on, shall we?
Common Etiquette for Condo Owners
Condo life combines living inside your own personal space while sharing it with others who also enjoy the amenities, comforts, and privacy that the condominium community offers. Everyone’s life may be made simpler by following certain neighborly courtesy in order to uphold and regard your neighbors and keep the communal energy flowing peacefully.
Don’t be overly noisy
The most common issue among residents who share space is noise. Respect your building’s noise regulations after specific hours, and always be kind to your neighbors who could have odd work schedules. Avoid banging nails, dragging bulky furnishings through late in the evening, or stomping your feet. Use earphones if you enjoy playing your favorite tunes loudly.
Make sure to compromise with the security measures
All condo developments occupant must place a high emphasis on safety and property protection. Ensure that all doors, especially those leading to the parking space and spaces like the patio and poolside, are closed completely and secured at all instances. Never let strangers inside the building without first confirming their identity. Never interfere with any surveillance cameras or alarm systems that are installed in any of the building’s communal areas. As responsible condo residents or condo owner notify any inappropriate activity right away to the condo associations property management company of your newly moved in condo for sale and the cops if you see it.
Smoke responsibly
Smoking is not permitted anywhere save the locations that have been classified as smoking zones in the condominium building. Do not leave cigarette butts all over the place. Smoking is a problem within the actual condominium apartments as well since smoke may enter other homes through the A/C vents, travel from the terrace to adjacent condos, or go from your room to the corridor. If your cigarette smoke upsets your neighbors, find out and make adjustments.
Safety in Condo Communities
While living alone in a condo may seem like all rainbows and cupcakes to you, there are other drawbacks. Living so close to so many people may sometimes be rather frightening. Fortunately, there are several techniques to guarantee our protection. Here are some ways you could ensure your safety while living in a condo.
Be friends with your neighbors
You might’ve been shocked as this tip can be out of your comfort zone. However, it can be very beneficial. They can take care of you. Neighbors may be quite helpful in calling the cops and alerting you to criminal activities like a robbery when you aren’t there or if someone attempts to break into your newly bought condo unit. In situations wherein your well-being is in jeopardy, neighbors may be a huge benefit.
Don’t let in strangers or someone suspicious
Certainly, it is essential to be sociable with other folks, however, everything has its limitations, and this is not an exception. Despite our best efforts, we cannot always be certain that those who approach us are nice individuals with nothing but good intentions for us. Based just on appearances, we cannot draw conclusions. We can never be really certain of someone’s motives, no matter how respectable they may appear to be.
Payments for Condo Living
In order to handle your finances effectively while you move into your new apartment, you’ll need to be aware of both one-time and ongoing costs. Here are a few costs associated with living in a condominium.
Upfront Costs (Initial Payments)
Property Cost or Downpayment
Legal Document Fees and Property Taxes
Moving Costs
Recurring Payments (Essential Services)
Amenity Fees
Utility Bills
Mortgage Payment
Yearly Property Tax
Condo Association Dues
Rent
Maintenance (General Upkeep of Living Space)
Furnishing and Decorations
Appliances
Regular Cleaning
Emergency Fund
Insurance
Unexpected Repairs
Broken Fixtures, Pipes, and Wirings
Benefits of Living in a Condo Community
Less Maintenance
The fact that the upkeep is handled for you when you live in a condominium is one of its major advantages. You wouldn’t have to stress about hiring anyone to repair the exterior since they take care of everything from lawn care to garden maintenance to roof repairs.
City Life Proximity
Living close to a busy city also provides it simple to explore restaurants and bars, and shops. You’ll probably discover that you work out more when you can walk or utilize public transportation since it is simpler to go out and about.
Amenities
Many condo communities provide facilities to their members that are out of the price range of the typical homeowners. Additionally, these features might make it much simpler to really get to know your neighbors. This might be a huge benefit if you’re sociable.
Drawbacks of Living in a Condo Community
Lack of Outdoor Space
While not having to mow the lawn is a benefit of condominium ownership, some tenants may feel deprived of parkland. You might have to go a significant distance outside your newly bought condo for sale to discover a playground or park, specifically if you have young children who would like to play outside or a big dog that has to use the restroom.
Limited Parking
Parking is usually always a problem for condominiums because they are often situated in more metropolitan locations. If your apartment only has one designated parking space, it could be challenging to locate space for a second car, or visitor cars, parking garages, and on-street parking may be an option, but you’ll need to pay a hefty monthly or yearly fee for them.
Lack of Privacy
Condominiums connect walls, much like apartments do. You could overhear your neighbors enjoying a celebration or crossing the hallway of their unit. Animals or loud TVs could be heard. They could also hear you.
Related Blog: Top 5 Pros of Condo Living
