As a first-time home buyer, you’re probably intimidated by the size of a single family home. A single family home can be a lot of space, especially if you’re living alone. A condo is much smaller, but still has plenty of elbow room. If you’re looking to purchase a starter unit, a condo is a good choice. The smaller footprint allows for more efficient living, without sacrificing much elbow room.
Another important factor to consider is location. Many first-time homebuyers get caught up in the specifics of the property and forget to consider the neighborhood. You should consider the location and commute time, as well as the crime rate in the area. Also, you should think about whether there are any major conveniences nearby. If the conveniences you need are close to the condo, you may be better off in a different neighborhood.
The location is another factor to consider. A good neighborhood is essential, since it can be the difference between a happy and unhappy living situation. You don’t want to be in a neighborhood where college students are taking up the entire space. Similarly, you don’t want to live next to a busy office or a high-traffic highway. It is important that you consider the surrounding area.