Alternative Housing Options Why You Don’t Need to Be a Homeowner to Have a Place to Call Home

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A roof over your head and a place to call home, a house is a quintessential part of the American dream. Unfortunately, with the burst of the housing market bubble back in 2008, many Americans are still rightfully skeptical about purchasing a home only to see its value depreciate all over again. Furthermore, some people may not want the responsibility of owning a home or having to take out a mortgage. As we delve further into the 21st century, many Americans are contributing to what some could call a housing market revolution as more and more Americans are searching for alternative living arrangements that contractors are only too happy to satisfy.

Alternative Housing Options

There are a number of options available to those who just don’t want to take the plunge into home ownership for whatever reason. Apartments are probably the first option that comes to mind — naturally no two apartment complexes are the same or even remotely similar for that matter. An alternative option for seniors may be to find a senior retirement community — these communities are a great option to socialize with peers in a safe environment; of course assisted living and independent living options are both available to cater to a senior’s individual needs. For those who want all of the benefits of a home without most of the hassle or work, a condominium may be the best option.

The Advantages of Owning a Condominium

A condominium is essentially a hybrid between an apartment and a house as the condo owner owns the interior of the condo but not its exterior. Before buying a condominium, ask yourself if you enjoy yard work since the landscaping will be taken care of by a home owners association! Included within the condo’s fees can be a number of services including a 24 hour concierge desk, elevators, a clubhouse, swimming pools, workout facilities, and professional security to ensure that safety and satisfaction of residents. Luxury condominiums usually have no more than 100 units with some having as few as eight or 10 units — as you can see there is a great deal of diversity within the expanding world of condominiums.

Finding Your Ideal Condo

The question of where to buy a condo
can be answered simply: anywhere. Condominiums are popping up throughout the nation, so rather than asking the question of where to buy a condo, one should instead be asking where to buy a condo that is right for them. Most condos are located within urban areas that are just a walking distance to shops, restaurants, and other places of interest — condos are great contributions to the urban landscape since that are essentially self-contained cities in their own respect. Condominiums may take the form of high-rises, lofts, townhouses, mid-rises, villas, flats, or converted rental properties; all of these offer similar benefits and alternative housing options for today’s Americans.