If you’re just starting to look at Longwood condos, you may feel some confusion about the differences between a condo and other types of residences, such as an apartment or private home. The simple definition of a condo is that it’s a cross between these two. Your unit is located within a building with dozens or possibly hundreds of other units. However, you do not pay rent like you would for an apartment. You secure a mortgage and live in your condo until you decide to sell it, just like you would with a house.
Living in a Condo Can Be the Best of Both Worlds
When you own a private home, you alone are responsible for the maintenance and upkeep. This includes both inside and outside of the home. As a condo owner, you have the benefits of owning your own place with less responsibilities. Part of your monthly mortgage payment goes to association dues to help with the upkeep of common areas. As a mortgage holder at one of our Longwood condos in Boston, this could include the pool area, private fitness room, party room, and several other areas accessible to all residents.
You have very little freedom to decorate or renovate as you see fit when you live in an apartment. This isn’t true of life in a Longwood condo. Since you own the entire inside structure of your unit, you can do what you would like to make it feel like home. However, you can’t make any changes to supporting walls since that would affect neighbors on either side of you.
Contact Us to Learn More
Please don’t hesitate to call or email if you still have questions about living in a condo or would like to learn more about our current properties available.