Pros And Cons of Living in a Condo

portland condos for sale by owner

Before you commit to owning a condo unit, you should evaluate all the advantages and disadvantages that are associated with it. This could be a difficult phase for your family if you are moving out of a spacious single family house situated in a peaceful and quiet area. While it might appear appealing to adopt an urban lifestyle, there might be some factors that would discourage you to opt for this idea.

Are you mentally prepared to be in close proximity to your neighbours? Are you willing to spend a fair percentage of your day socialising with all the members of the condo community? Would you be able to live in a small unit without feeling suffocated? These are all the harsh realities that you would have to face after moving into a condo unit. After all, you would typically have 10 to 20 units on a single floor, which means that you would have to interact with your neighbours on a daily basis. The appeal of escaping from all the responsibilities associated with the upkeep might be enough for you to move into a condo without giving it a second thought. You would no longer have to snow shovel or mow your lawn throughout the year. If you are interested to move into a condo situated in the downtown area of Mississauga, then you should definitely check out the platform of Canopy Towers Condo.

If you happen to end up with a condo complex that is underfunded, then that can create several unwanted complexities and complications during your home ownership period. This is the reason you should always carry out a face-to-face meeting with the managers of the condo association before finalising any deals. The association’s budget can reveal a lot about the quality of amenities you would be getting.