Condo vs House?
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When it comes to buying a home in Seattle, you may be wondering whether to go with a condo or a house. Both options have their own pros and cons, and the right choice for you will depend on your personal circumstances and preferences.
One factor to consider is cost. Condos tend to be less expensive than houses, especially in urban areas where land is at a premium. However, it’s important to keep in mind that condos often have monthly homeowner association (HOA) fees, which can add to the overall cost of ownership. Scroll to the bottom of this blog to see the difference in median home prices between single family homes and condos.
Another factor to consider is maintenance. If you own a house, you are responsible for all maintenance and repairs, which can be time-consuming and costly. Condos, on the other hand, often have a HOA that handles maintenance and repairs for common areas, so you may have less to worry about in terms of upkeep.
Location is another important factor. Condos are often more convenient for people who want to live in a central location, as they are more common in urban areas. Houses, on the other hand, are more likely to be found in suburban or rural areas.
Privacy is another consideration. Houses offer more privacy than condos, as you have a separate yard and are not sharing walls with neighbors. However, condos can offer amenities like pools and fitness centers that may not be available in a house.
Ultimately, the decision to buy a condo or a house in Seattle will depend on your individual circumstances and priorities. It may be helpful to work with a real estate agent who can help you explore your options and find the best fit for you.
The chart below shows the median home price in Seattle for single family homes
This chart shows the median condo price in Seattle, keep in mind that there are typically monthly condo dues.
For more information on the difference between single family homes and condos or to discuss which option will work best for you, reach me at (321)704-0348.
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