Should You Buy A Home Or Condo At The Lake Of The Ozarks
Whether you are buying a second home or relocating to the Lake of the Ozarks, you will have to decide whether you want to own your own home or buy a condo. There are many advantages and disadvantages to both. Your Lake of the Ozarks real estate agent can help you decide which is best for you. Check out these pros and cons of home ownership and condos at the Lake of the Ozarks.
If you need to do repairs to your home, such as a new roof, you will have to pay for it. In a condo, you do not have to worry about any maintenance to the outside of your unit, as it is paid for with your condo association dues. However, in a condo, if anything on the inside of the unit needs repair, you are still responsible for that.
No matter which way you go, you will find the perfect place for your needs. Whether you choose to go with a home or a condo at the Lake of the Ozarks, I can help you find your new or second home. If you are interested in relocating to the Lake of the Ozarks, give me a call at 573-216-8439.
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| Photo Credit: FunLake.com |
Location
When you are relocating to the Lake of the Ozarks, location is a huge factor when buying property. One of the nicer aspects of the Lake of the Ozarks is the view of the Lake. This is where condos typically outweigh houses, as most of them are on or near the water. For the price of a home away from the Lake, you could get a comparable condo on the water.
Personalization
Although you do purchase your condo and can make it yours, there is only so much you can do. If you own your own home, you can add on rooms, decks and other items. If you want to paint the outside of the house, you can, which you can't do when you're in a condo.
Privacy
Homes tend to have space between neighbors. If you are in a condo, you are typically connected by a wall, ceiling or floor to your neighbors. This means that you have a little bit more privacy when you live in a home.
Maintenance
If you need to do repairs to your home, such as a new roof, you will have to pay for it. In a condo, you do not have to worry about any maintenance to the outside of your unit, as it is paid for with your condo association dues. However, in a condo, if anything on the inside of the unit needs repair, you are still responsible for that.
Yard Maintenance
In a condo, you don't have to worry about doing any yard maintenance, which can be a huge advantage if this is your second home. However, this can also be a negative if you like to garden. If you do not have a backyard, you may have to stick to potted plants if you are a gardener. If you own your own home, you would have a yard that you would have to maintain.
Amenities
Some areas in the Lake of The Ozarks have amenities that are available to its residents. However, most of the time these amenities are not free. Condos at the Lake of the Ozarks often come with pools, docks and other amenities, which are available at "no cost" to the residents - the cover is usually through purchasing the condo or through the association fee.
Let Me Help You Find Your Home Or Condo!
No matter which way you go, you will find the perfect place for your needs. Whether you choose to go with a home or a condo at the Lake of the Ozarks, I can help you find your new or second home. If you are interested in relocating to the Lake of the Ozarks, give me a call at 573-216-8439.
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