When we think of the first home, single-family homes are always at the top of the list, but that’s not the only option available. Condos can be beautiful first homes for the right people. Whether you’re moving out of your parents’ house or you’re ready to stop renting, condos are worth a second consideration.
Some first-time buyers may feel that they are not yet ready to cope with the size and upkeep that single-family home demands, yet they are more than capable of owning their place. By not considering condos, they are condemned to rent a house or apartment or to buy something that does not fit well into their current lifestyle.A condo may be the perfect solution to this dilemma.
Reasons Why Condos are Great First Homes
- The Size Is Right
Some early buyers are intimidated just by thinking of all the space available in a single-family home, particularly if they are going to be living alone. Condos circumvent this problem by offering less space and more compact living space but still providing plenty of room to move.
If you are convinced that this first purchase will only be for a first home, it makes much more sense to buy what suits your current needs and improve later, when needs arise, than to cover more of what you are comfortable with now.
- Location Benefits
Typically, they are located in urban locations, making public transportation options, workplaces, and places of entertainment and food more accessible. They are also more densely populated than single-family neighborhoods, which helps stimulate social interrelationships and create a sense of community. The simplified lifestyle of a Condo near Khlong San (คอนโดคลองสาน, which is the term in Thai)can be very appealing to those buyers who value a convenient location over a patio or extra bedroom.
- Minimum Maintenance Demands
The most obvious difference between a condo and a single-family home is that the condo has no patio. There are enough situations that arise when owning a home that many buyers do not want or need the financial and maintenance pressure that is added with a patio. Some do not have the required skills, others do not have the time or interest, and still, others refuse with the sole idea of performing emergency repairs. Fortunately, a condo is in a compromising situation.