Condos vs Apartment Living: The Difference and What They Mean for you

When looking for a place to live in a densely populated area, like a city, you typically have two options: either an apartment complex, or a condo. Many have trouble deciphering what the real difference is between them, and how those differences would affect them if they choose one over the other. If you are one of these people, and having trouble deciding between apartments or condos in downtown San Diego, here are the main differences, and how they apply to you as the tenant.

#1. Cost

In terms of monthly cost, there isn’t much of a difference between apartments and condos. However, condos generally give you more appliances and personal flourishes to compensate, seeing as how up until the moment you moved in, someone else was living in the condo. However, because of that, condos cost much more in upfront costs than apartments. So, if you want to live in a condo, you’ll have to have more cash in pocket when you go to negotiate.

#2. Amenities

Apartments tend to have pretty uniform amenities. On site laundry room, one parking spot for every tenant, and if you’re lucky, there may be a gym. Since condos adhere more to the personal stylizations of the landlord, what amenities a condo will have may vary wildly between properties. Thankfully, with either apartments or condos, amenities will be one of the main things listed in the advertisements. This way, you can see what you’ll have to pay for, and what will be included in the rent. If you’re looking at a bigger condo, for instance, you’ll likely have a gym as well as a concierge among others. However, as it tends to be, that makes them more expensive.

#3. Landlord interaction

Most big city apartments are run by corporations, meaning that you’ll have to meet with a representative every now and then, but otherwise you’ll just have to mail out your rent, and that will be the extent of your interaction. Condo owners have no such luck, as the landlord and tenant will have to personally interact, often on several occasions. Sometimes this can be a good thing, especially if you get along. But if you don’t, it’s going to make for an awkward living condition.

Ultimately, whichever you want to choose, be it a condo or an apartment, comes down to what your preferences are. If you’re okay for paying upfront more in exchange for more appliances, a condo may be perfect. But if you want to keep things as cheap as possible, while still staying in decent living conditions, an apartment may be best for you. For more information Visit Pacific Gate By Bosa.

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