Condominiums offer an affordable option to single family homes in most areas. But consider the facts before you buy.


1. Storage. Some condos have storage lockers, but there are usually no attics or basements to store belongings.

2. Outdoor space. Yards and outdoor area are typically smaller with condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be the perfect option for you.

3. Amenities. Many condo properties have swimming pools, fitness centers and facilities that would be expensive in a single- family home

4. Maintenance. Many condos have onsite maintenance  personnel  to care for common areas, do repairs in the unit and let workers in when you are not home.

5. Security. Many condos have keypad entries. Plus, you will be closer to other people in case of an emergency.

6. Reserve your funds and condo fees. Although generally help pay for repairs, you will have to pay the fees agreed to by the condo board.

7. Resale. The ease of selling your unit is more dependent on what else is for sale in your building, since units are very similar. Single family are usually more individual.

8. Freedom. Although you have a vote, the rules of a condo association can affect your ability to use your property