There are three common reasons why people are buying new condominiums:

The number one reason people buy condos is for the ease of maintenance.  Busy young working couples, retirees, and single parents have discovered that owning a condo means never having to mow the lawn, pressure wash the house, pull weeds, or any of the other chores that single family homeowners have to do on a regular basis.  Being free of these arduous tasks allows one to relax on the weekends, maybe by the pool, tennis courts, or golf course.

Sure beats mowing the lawn!

The number two reason people buy condos is the affordability of price as opposed to owning a single family home.  Many one bedroom condos are still in the $80,000-150,000 range.  Two and three bedrooms will always be a bit higher priced.  Condos near the beach or on lakefront will be the most expensive, often fetching prices between $400,000 to over $1,000,000! 

The number three reason that people buy condos is to socialize with others in their development.  Condos often have clubhouses, game rooms, or other areas where people who share common interests can meet and perhaps develop friendships.

   

Of course, condos almost always have monthly association fees.  And while these fees may increase your monthly payments, keep in mind that condo insurance is substantially lower than single family homeowners' insurance.  And the taxes are often lower as well, making the condo truly affordable for most people!

Condos in Jacksonville have really shown great appreciation of value in recent years too!  To start your search for a great condo in the Jacksonville or any other N.E. Florida areas, call me, Kelly Scott, Realtor, with Harbor Lights Realty,  today at:  (904) 635-5685