Real Estate Guide: Buying a Condominium
True Real Estate Guide: Is a Condominium Right for You?
In Sarasota, Florida, condominiums can offer easy access to a wealth of amenities along with a maintenance-free lifestyle. However, condominiums aren't for everyone. Before you buy, consider our condominium checklist.
Do quick repairs and quality maintenance appeal to you? A maintenance-free lifestyle is a popular reason for choosing condominium living in Sarasota. Many condominiums have onsite maintenance personnel to care for common areas, do repairs in your unit, and let in workers when you're not home. But if you're a DIY hobbyist, a condo may not be the right fit.
Do you live alone? Is safety a top concern? Security is another excellent reason for choosing a condominium lifestyle. Many condominiums have keyed entries; some even have armed security. Plus, you're close to other people in case of an emergency.
If you aren't a fan of yard-work, a condominium can be a great choice. Private yards are usually small to nonexistent. But if you love nothing more than gardening, you will want to take your clippers elsewhere.
Amenities vs. Fees:
Sarasota's luxury condominiums offer a wealth of amenities such as swimming pools, fitness centers, etc. Some condos even have onsite shopping and hair salons. But these amenities come with association fees (usually fixed and non-negotiable) which you'll have to pay regardless of whether or not you’re interested in a particular amenity. Before you buy, make sure the amenities compensate for the fees.
Do you need room to store your collectibles? Storage space can be tight in condominiums. Some have storage lockers. If not, commercial rental storage facilities are available throughout Florida.
When you buy a condominium, you're also buying into a community with rules. For example, some condominiums forbid home-based businesses. Others prohibit pets. Before you buy, make sure you read the covenants, restrictions, and bylaws of the condominium association carefully.
In a condominium, you'll usually live closer to your neighbors than you would in a single-family home. Look at a profile of the other owners to make sure you’ll be comfortable in this community.
Plenty of luxurious and fashionable condominiums are available now in Sarasota and her Keys. If you think a condominium is right for you, consider True Sarasota Real Estate for a real or virtual tour of the best condominiums in Sarasota, Florida. As Exclusive Buyer Agents and Sarasota Real Estate Experts, we can show you any listing that meets your needs.