Best Tips For Buying A Condo In 2021

As you begin your search for condos, here’s a checklist.

1. Consider your lifestyle

Are you tired of mowing the lawn and trimming the hedges? How about pressure washing your driveway? Is it a burden on your budget to spend $5,000 on a new roof or HVAC unit? Condo living might be right for you if you answered “yes” to any of these questions.

If you feel the need for a large yard is more important than the time it will take to maintain, then a single-family or townhouse could be a better choice. A condo might not be the best option if you don’t want to share walls, floors, or ceilings with your neighbor. Condos work best for people who are comfortable living in apartments.

2. Work with an experienced Realtor who specializes in condos

You’ll need a realtor who will represent your best interests if you decide to buy a condo. You want someone who has experience in condos to answer any questions you may have and guide your through important steps like reviewing the condo association documents.

Agents should be familiar with the developments and any issues that may exist in your area. You might be affected by issues such as community finances or structural or infrastructure problems in the building or buildings. An agent who is knowledgeable will tell you if there has been any conflict over community issues and which developments have had the best resale value.

3. Choose the type of amenities that you desire

Condos offer many amenities. Your Realtor should discuss the amenities you are looking for, along with other factors such as location and budget. This will help you find the right place. These amenities are yours when you purchase your unit. Don’t be afraid to add them to your wish list.

You should also keep in mind that some amenities that you don’t intend to use, such as a pool, might still be worthwhile. A condo without the amenities of other units in the area may sell for a lower price.

This post was written by a real estate expert from the Dotoli group. Josh Dotoli is Paramount Residences #1 Selling Realtor with nine sales in 2021, 3x more sales than any other Realtor selling in the building. The Paramount Residences enjoys a prime beach area location. It is a Ft. Lauderdale oceanfront condo located across from the beach. Click Here to learn more!