Six benefits of apartments over houses
Deciding where to live is a major decision. Though many people view owning a house as the ultimate living arrangement, apartments come with a wide variety of benefits that you won’t find in any suburban neighborhood. Here are 6 reasons that apartment living may suit you better than a house ever could.
Location, location, location
If you work in the city, finding an affordable house can be nearly impossible. You may end up commuting an hour to work each way simply because the more affordable houses are on the outskirts of town. Finding an affordable apartment near work, on the other hand, is an entirely different story. Apartments are often located in the most desirable areas, providing you with an opportunity to live near your job and bringing you closer to the action in terms of bars, restaurants, sporting facilities, parks, and other services.
More money in your pocket
Apartment rentals are significantly cheaper than owning a home. Monthly rent generally costs less than a mortgage, and there is no massive down payment required. You also don’t have to worry about HOA fees, the cost of maintaining a yard, or expensive repairs to the building itself. Utilities are more reasonably priced due to the smaller space, and you can often cut down on your car use by being close enough to walk certain places and having easy access to public transportation.
No need for long “to-do” lists
As mentioned above, apartment rentals require very little maintenance. When owning a home, you have to mow lawns, shovel snow, trim trees and bushes, paint the house, repair leaky roofs… the list goes on and on. In an apartment, all you need to take care of is general cleaning. Your landlord or property manager takes care of everything else!
Lots of available amenities
Many apartment complexes come with exclusive access to a variety of exciting amenities. Want to go for a swim, workout in the fitness center, or meet someone for coffee without leaving your building? No problem! Many apartment buildings also have child care, laundry facilities, entertainment/game rooms, monthly activities, and much more!
While many homeowners invest in security systems, apartment complexes have a vested interest in protecting all of their residents. Not only do you require a key for your specific apartment, but you often need an access card/key for the building and all of its amenities. Many communal areas are monitored by CCTV, and the constant close proximity of neighbors is a great deterrent for many types of illegal activities.
Buying a home can tie you down, severely limiting your options if you want to switch jobs or move into a bigger/smaller place. It is a lot easier to commit to a one-year lease than a 30-year mortgage, especially if the housing market is slow or you are not entirely sold on the current location.
Apartments are great for people in all walks of life. Whether you are stepping out on your own for the first time or just want an affordable place to lay your head, contact our professional property management company today to find out more about apartment living!
To find out more about the benefits of apartment living, call 517-487-2000 today!