The choice between a single-family home and condominium often comes down to personal preference: how much maintenance do you want to be in charge of? Do you mind being in close proximity to neighbors? Are you willing to trade yard space for being close to attractions like the beach or the Town Center?
If you’re thinking weekends minus the yardwork sounds pretty nice, or you’re constantly traveling and need a low-maintenance place, then condo life may be for you. Here are some other things you should consider before deciding to buy a condo:
There will be HOA fees...
When you’re comparing different condo communities, don’t forget to look at the homeowners association fees. These fees - sometimes adding up to hundreds of dollars a month - are added to your monthly mortgage payments, so you have to consider how much extra you can tack on and still afford.
Condo living isn’t for everyone. Here are some cases to consider if you’re thinking about moving to a condo community in Jacksonville.
You should reconsider if condo life is right for you if...
1. You don’t play well with others.
It’s close quarters all around if you choose to live in a condo community, with neighbors above, below and on all sides. Even if you get lucky with the location of your unit, be prepared to see neighbors every day - and to deal with their eccentricities. This may not be much different than living next to home owners in a regular neighborhood, but depending on how well you get along with the other people living in your community, you may find yourself wanting to exchange loud music, barking dogs or scattered toys for more personal space.