There is a growing trend towards smaller living spaces, fueled further by Americas desire for simplicity, convenience, and cost control. For most a condominium provides “Homeownership Without the Headaches “, the best compromise for the lifestyle they want with the freedom from all of the outside maintenance. The building and outside areas, such as landscaping, sidewalks and amenities, are typically owned jointly with all the other owners and are managed and controlled by the collective of all homeowners through their (HOA) Homeowners Association.

The purchase of a condominium is often a less expensive entry level into homeownership, and a starting point for creating equity which can be applied towards a larger home option later. However, the sky is the limit for more expensive luxury condominium properties located in the most desirable and sought after locations. For the older generation, the condominium option is a way of down-sizing and achieving freedom from homeowner responsibilities, which could be for health and mobility reasons, or for a change in priorities, when more time is desired for other pursuits: travel, hobbies, socializing, sports, family and community activities. Although every community is different, there’s a good chance you’ll have access to various amenities, such as a pool, tennis courts, gyms, outdoor cooking, and community rooms. This can really create a sense of luxury resort style living that is wonderful for socializing and entertaining. Most buyers are attracted to enhanced safety measures, like controlled access and 24h security cameras.

Still yet, location can be an important priority, where convenience and proximity to preferred environments allows one to pursue favorite passions, such as the inner-city cultural scene, or outdoor natural environments for hiking, cycling and more. Lastly, a condominium option may allow access into more expensive or quality neighborhoods that some could not afford otherwise. But regardless of the appeal, purchasing a condominium is an exercise in living intentionally and designing a LIFESTYLE!