If you are considering buying a home for sale in Lake Tahoe, but are not completely sure if homeownership is something you are ready for, you should consider a Tahoe Keys condo for sale. So long as you don’t mind sharing a wall with a neighbor, this could be a good first baby step towards becoming a homeowner. After all, buying a condo is very similar to apartment living, except you actually own. While you pay a homeowner fee, you don’t have to worry about exterior maintenance, doing your own snow removal or landscaping. The best part is, when you live in the Tahoe Keys, you still get to enjoy the amenities. Private pool (that you don’t have to maintain), private beach (perfect during a busy Tahoe Summer when you don’t want to fight the crowds at some of the more well known beaches), club house, sports courts and more. This sounds pretty dreamy but like anything in life, there are pros and cons. Read on to find out if buying a Tahoe Keys Condo for sale is the right choice for you!
Pros of Buying a Condo
Affordability. Probably one of the most appealing aspects of buying a condo is the lower price point. This is part of the reason why this is a good first step towards homeownership. Not to mention, you now own this piece of real estate so you can customize and do your own interior upgrades. It is a great way to also get your feet wet and see if flipping is something your are interested in.
Maintenance. Not ready to start doing your own handy work? No worries. Most condo associations have an onsite staff that handle all the dirty work. From the roofs to the grounds, you can cross worrying about these things off your list.
Security. Most condos offer some type of security or patrol.
Cons of Buying a Condominium
Association fees. All that glitters is not gold. While a condo absolutely has its perks, you must find out about the homeowners association fees. Every condo community is different based on what the amenities are. Some are extremely affordable and a no brainer, while others are extremely expensive.
Rules. Yep, rules. As an adult you will be forced to follow some rules. So if upgrades and remodeling are a part of your plans, find out what you can and cannot do before you sign on that dotted line.
Privacy. Or lack thereof. This is where the “apartment” comparison comes in. You do not get to choose your neighbors so if you share a wall, be prepared to share the noises that come with sharing a wall with someone who has a schedule and lifestyle habits that differ from yours.
If you are thinking of buying a condo in the Tahoe Keys but want more information, call Peter Delilli at 530-308-4331.
Leave a Reply