a house doesn’t suit your lifestyle or budget, you may consider a condominium (“condo”) to give you the space and features you want. Many people mistakenly assume that buying a condo is just like purchasing a single-family home. However, there are several key differences.
Location, Location, Location
Most real estate agents claim that location is one of the biggest deciding factors when purchasing a home. This is also true for condos, but often in a different way. While the neighborhood itself is important, most buyers are more concerned with the condo’s proximity to other amenities.
For instance, how far is it to the nearest public transportation? Are grocery stores, restaurants and other shops within walking distance? This translates into the condo’s walk score, which provides a basis for comparison when looking at multiple properties.