Why condominiums are desired by first time home buyers | Financial ...

After being hit by North America?s recent recession, Calgary home prices did see a dip, but overall were held steady through it all. Although more home sellers than buyers on the market, real estate agents were kept busy nonetheless.

Whether you are shopping around for your first home, or are looking to downsize your most recent investment, purchasing a condo for sale in Calgary is a great idea. In fact, one of the smartest things you can do with your hard earned money is invest it into a home, condo, townhouse or some sort of property.

One of the main reasons people purchase condos is because they are very affordable and can provide you with everything you need. If you only require a limited amount of living space why pay close to double for a house, which you will never fully use?

Beyond a mortgage payment each month, residents of the condominium complex also pay a set condo fee, which is based on location, how much property you own, basic utilities and parking. Basic utilities usually include electricity, heat and water, all essentials for a homeowner.

For working professionals on the go or young couples who are just getting their feet wet in the market, a condo allows for virtually a maintenance free lifestyle. No longer will you have to cut the grass, shovel the walks or clean more than your own piece of property. Amenities vary from complex to complex but more up-scale residences can include fitness and swimming facilities, as well as a games room.

There are literally hundreds of condos for sale around the city, including high-rise inner city condo for sale in Calgary SW, as well as those in the NW district, which provide sweeping views of the mountains.

If you know someone or you yourself are looking to purchase a condo for sale in Calgary and are stressed about the entire process, then fret no more. Our experienced and knowledgeable realtor team is here to guide the way.

Source: http://www.spc-software.com/why-condominiums-are-desired-by-first-time-home-buyers/

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