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Mortgage Rates Recently Hit a 3-Year Low. Here's Why That's Still a Big Deal. Is Affordability Starting To Improve? Today's Biggest Housing Market Myths Renting vs. Buying: The Net Worth Gap You Need To See 4 Reasons Your House Is High on Every Buyer's Wish List This Season

 

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March 24th, 2017 by
Home ownership has numerous benefits, from financial (building equity) to social (creating strong community ties). The responsibility and burden of routine home maintenance and yard work, however, are not at the top of that list. For those craving the benefits of owning property without the downside of full responsibility, a condo or townhome may be the perfect solution. Buying a condo or townhome eliminates much of the responsibility and expense of routine home maintenance, such as yard work and home repairs, as well as the larger costs that accompany home renovations. That means residents don't have to shell out the money to repair leaky faucets or broken hot water tanks, they can just place a call to management and put in a maintenance work order. And they don't have to spend weekends planting flowers, laying mulch or mowing the lawn, either—with a condo, landscaping is typically maintained by the homeowners association. First-time home owners can often become overwhelmed by the prospect of furnishing and decorating the inside of a home, so it can be a relief to not have to worry about landscaping, yard maintenance and physical activities such as shoveling snow or repairing the roof. Maintenance-free housing appeals not only to older buyers who may want to avoid icy sidewalks and climbing on ladders for safety reasons, but also to young professionals who don't relish the idea of spending all week working just to come home to a long to-do list for the weekend. The free weekends provided by a maintenance-free lifestyle are especially valuable in urban areas such as Downtown Columbus and the inner city neighborhoods, where residents can take full advantage of being close to the action. Many of the city's best bars and restaurants are within walking distance of urban condos and townhomes, as are art galleries, museums and parks. As another bonus, living in a walkable neighborhood can mean relying less on cars and all the expenses associated with them (think gasoline and routine auto repairs). Want to start exploring the benefits of maintenance-free living? We'd love to help you find the condo or townhome that's perfect for your needs!
Categories: Real Estate
Tags: Cutler Real Estate, Home Maintenance, Homeownership, Cutler Real Estate Agents, Community

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