Monday, August 23, 2021 / by Flr Team
In today’s real estate market, it is no secret that the top stories are low housing supply and high buyer demand. If you are a first time home buyer looking for that perfect starter home or if you are someone interested in downsizing, it may be worth considering a condo as an option during your home search.
There are a few reasons as to why more and more people are considering buying condos, as the benefits can be quite desirable. Especially when you are looking in Cocoa Beach. Here are a few perks that could be compelling to you:
The average sales price of a condo in Cocoa Beach is $450,000 less than the median price of a single-family detached home. This makes condos a great option for first time home buyers, those that may have a limited down payment for savings, or those looking to save money by downsizing in general.
Another perk to purchasing a condo is the low maintenance. Usually all exterior maintenance for condos are handled by a Homeowner’s Association (HOA). This could include landscaping and upholding a certain standard of cleanliness and condition for walkways, siding, and roofs. Having an option to take exterior maintenance off of your plate, will allow more time to yourself and your hobbies.
With choosing a condo, there are value-adding features your condo community may have, which could include dog parks, pools, clubhouse, grilling area, gym, tennis courts, shuffleboard, private beach access and more. As a bonus, some condos have on-site security teams with gates.
Bottom line, if you are looking for a home, you may want to include condos as an option. Connect with your local professional at Florida Lifestyle Realty to explore if a condo would be a good fit for your home ownership needs.
Florida Lifestyle Realty