If you're thinking about making a move, are you considering buying a condominium or a single-family home?

The number of condominium owners has risen dramatically in the last few years. Condos are a popular option because they are often more affordable, require fewer maintenance and landscaping chores, suit busy lifestyles, and serve well as a first home or downsizing from a larger house. Here are some differences to consider:

Condos

• There are usually fewer maintenance requirements.

• They can be less expensive than a single-family home.

• You own the space between the walls.

• There may be more security with neighbors close by.

• The exterior of the building, landscaping, surrounding roads, driveways and

common areas are owned by the condo association, a group made up of all

unit owners.

• Special assessments by the association for painting or repairs can add

significant expense.

Single-Family Homes

• They usually offer more storage space.

• You own the interior as well as the exterior.

• You have to do the maintenance, landscaping and repairs.

• Unless you live in a gated community, you don't have condo association dues.

• You don't have to worry about special assessments.

• You have room to grow plants, flowers, trees, veggies, etc.

Look at your lifestyle and consider how your household may change over the next few years. Will you have enough space in a condo? Or will you be happier in a house with room for a garden?

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Location, Location, Location. This 1 Bed, 1 Ba...

Photo of Listing #9333063

$150,000

Unit 9 - 1528 N Emerson Street

  • 1 Beds
  • 1 Baths
  • 459 SqFt

Townhome/Condo

Denver, CO

MLS® #9333063

Status: Active

Location, Location, Location. This 1 Bed, 1 Bath Condo Is Nestled In The Capital Hill/city Park ...

Keller Williams Integrity Real Estate LLC Status: Active

Great Location!! Great For First Time Buyers Or...

Photo of Listing #2429952

$150,000

Unit 202 - 7050 W Cedar Avenue

  • 1 Beds
  • 1 Baths
  • 644 SqFt

Townhome/Condo

Lakewood, CO

MLS® #2429952

Status: Active

Great Location!! Great For First Time Buyers Or Investors!! Walking Distance To Bel Mar, Shoppin...

COLDWELL BANKER RESIDENTIAL 54 Status: Active

Investment Property, Intended As Scrape & Build...

Photo of Listing #6367439

$155,000

1539 Harlan Street

  • 1 Beds
  • 1 Baths
  • 620 SqFt
  • 0.13 Acres

Residential

Lakewood, CO

MLS® #6367439

Status: Active

Investment Property, Intended As Scrape & Build. Property Will Be Sold "as-is". If You Drive Th...

RE/MAX CENTRAL ALLIANCE Status: Active

Can't Beat The Price For This Cute, Remodeled F...

Photo of Listing #9125893

$159,000

Unit 20-103 - 8600 E Alameda Avenue

  • 1 Beds
  • 1 Baths
  • 701 SqFt

Townhome/Condo

Denver, CO

MLS® #9125893

Status: Active

Can't Beat The Price For This Cute, Remodeled First-floor Condo In Well-maintained Woodside Villa...

Porchlight Real Estate Group Status: Active

Fall In Love With This Spacious 2 Bedroom Condo...

Photo of Listing #6373517

$160,000

Unit 12 - 5700 W 28th Avenue

  • 2 Beds
  • 1 Baths
  • 870 SqFt

Townhome/Condo

Wheat Ridge, CO

MLS® #6373517

Status: Active

Fall In Love With This Spacious 2 Bedroom Condo Set On A Quiet Street Just Blocks From The Thrivi...

LIVE URBAN REAL ESTATE Status: Active

Welcome Home To Steele Street Condos! This Meti...

Photo of Listing #6196457

$170,000

Unit 102 - 1327 Steele Street

  • 1 Baths
  • 423 SqFt

Townhome/Condo

Denver, CO

MLS® #6196457

Status: Active

Welcome Home To Steele Street Condos! This Meticulously Maintained Condo Has Beautiful Hardwood F...

Keller Williams Integrity Real Estate LLC Status: Active

Contract Fell Through - Back On The Market! Th...

Photo of Listing #8544201

$179,900

3486 W Virginia Avenue

  • 4 Beds
  • 1 Baths
  • 1,834 SqFt
  • 0.25 Acres

Residential

Denver, CO

MLS® #8544201

Status: Active

Contract Fell Through - Back On The Market! This Is A Cash Only Property That Will Need Consider...

STERLING REAL ESTATE GROUP INC Status: Active

The Heart Of Capitol Hill Beats A Little Faster...

Photo of Listing #2842818

$189,000

Unit 101 - 789 Clarkson Street

  • 1 Beds
  • 1 Baths
  • 409 SqFt

Townhome/Condo

Denver, CO

MLS® #2842818

Status: Active

The Heart Of Capitol Hill Beats A Little Faster In This Stunning Versailles Condo! The Light Woo...

RE/MAX Cherry Creek Status: Active

Great Location! Stroll To New 9th/colorado Urba...

Photo of Listing #2755598

$191,999

Unit 3c - 4110 Hale Parkway

  • 1 Beds
  • 1 Baths
  • 617 SqFt

Townhome/Condo

Denver, CO

MLS® #2755598

Status: Active

Great Location! Stroll To New 9th/colorado Urban Mall And Park Coming Soon. Minutes From Cherry C...

THE RESOURCE GROUP LLC Status: Active

Wow, Wow, Wow!!! Don't Miss Out On This Beautif...

Photo of Listing #7763049

$199,000

Unit 404 - 1155 Ash Street

  • 1 Beds
  • 1 Baths
  • 687 SqFt

Townhome/Condo

Denver, CO

MLS® #7763049

Status: Active

Wow, Wow, Wow!!! Don't Miss Out On This Beautifully Updated 1 Bedroom, 1 Bathroom Condo!! Just St...

Madison & Company Properties Status: Active

*adorable 2 Story Townhome In Wheat Ridge*2 Bed...

Photo of Listing #5228389

$199,000

Unit B4 - 6410 W 44th Place B-4

  • 2 Beds
  • 2 Baths
  • 896 SqFt

Townhome/Condo

Wheat Ridge, CO

MLS® #5228389

Status: Active

*adorable 2 Story Townhome In Wheat Ridge*2 Bedroom/2 Bath*adjacent To Park*easy Access To Downto...

Keller Williams Advantage Realty LLC Status: Active

 

 

 

 

 

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Listing information last updated on March 25th, 2017 at 9:05pm MDT.

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Listing information last updated on March 25th, 2017 at 9:05pm MDT.