Here are 7 reasons why buying a condominium might be perfect for you. Infographic of the 7 main reasons to buy a condo

1. FOR RENT
BANK
No Yardwork
Getting tired of shoveling
all winter, and mowing all
summer? Is house and yard
maintenance weighing you down,
or simply getting away from you?
In a Condominium, you don’t
have to lift a finger. Walks are
shoveled, grass is cut, garbage
is picked up and halls and
common grounds are cleaned
and maintained. Just enjoy.
Security of
a Condominium
A Condominium (especially
Highrise Units) offers secure
entrances, with cameras and often
even patrolling security companies.
As a former police officer I can
tell you that break-ins to high-rise
condos are rare.
While they DO occur, when
compared to break-ins
to houses, they are
statistically insignificant.
Community
Many condominium owners
find that in a condo,
their neighbours
are enjoying a similar lifestyle,
and so they have more
in common with these folks.
Many condos also offer
“common-rooms” where people
can get together and talk,
or fitness rooms,
pools etc etc.
Lower
Operating Costs
In most condos, especially
in the highrise and townhouse variety,
the building insurance is already
included in the condominium fee.
As is the water-bill.
And sometimes the heat and hydro
as well. Building maintenance
is often included, and if heat
is NOT included, heating
a 1000 sq ft apartment style suite
is far less expensive than
the average 1000 ft bungalow,
often even
as low as half the cost.
(because the units
around you help
insulate you).
Benefits of Home
Ownership
With some limitations, condo
owners enjoy the same benefits
as house owners. They can:
Live in the condo
Rent it out
Improve it
Give it away
Borrow Money against it
and basically treat it
the same
as a house.
Lifestyle
Do you like to travel?
Or perhaps you’re both working
full time and looking after
the house and yard is a chore
you simply don’t have time for?
A Condominium offers a simple
‘lock-up-and-go’ lifestyle.
In many cases, your neighbours
won’ t even know
you’re gone,
….unless you
tell them.
A cost-effective
alternative to houses
For First Time Buyers,
who are sick of the bidding
wars, this is an
excellent alternative.
Example prices in Winnipeg:
1000 sq ft detached
home approx. $250,000
while 1000 sq ft condo
approx. $170,000.
BO KAUFFMANN e-mail: boknowshomes@gmail.com PH# (204) 333-2202 Website:WinnipegHomeFinder.com Blog: bokauffmann.com