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Which is better: Single-family home or condo?

New Cozy  CottageSingle-family home
Modern residential buildingsCondo

Now that you’ve decided to become a homeowner, you have to decide what kind of house you’ll buy. While the Phoenix area real estate market has many desirable neighborhoods, your choice of house often comes down to a condo or a single-family home.

Both have pros and cons, so choose the one that matches your needs and preferences best. We’ve prepared this handy guide to help you:

Cost

Get a condo if…you’re on a tight budget. While there are many deluxe, seven-figure condos in Phoenix, multi-family homes are still cheaper than single-family ones.

Get a house and lot if…you want a bigger house, as well as a bigger budget to match. Gated communities near the Phoenix metro are prime real estate, hence their higher price tags.

Location

Get a condo if…you wish to live, work, and play in the heart of the metro. Thus, condos are especially attractive to driven, hard-working young professionals.

Go for a house and lot if…you wish to live far from the hustle and bustle of the city.
As such, many families prefer to live in the quiet comfort of suburban Phoenix.

Maintenance

Get a condo if…you don’t want to deal with property upkeep. As part of the association dues you pay, building maintenance will handle things like leaky pipes and pest control for you.

Go for a house and lot if…you’re comfortable doing DIY repairs. An added perk is that you can customize your home with much more freedom than most condo dwellers can.

Finally made up your mind about which home to buy? Scott Semer knows where to find the perfect Old Town, Scottsdale condos or houses for you. Just give him a call at 480.353.0299 or send an email to scott(at)scottsemerrealestate(dotted)com. With his years of experience and expert market knowledge, you’ll soon find your dream home in this wonderful place.