Reasons to Move into an Apartment Instead of a House
There has been a debate over apartment vs house living for a long long time - yet, with more people choosing to rent now instead of buying, more and more people are realising the benefits that come with living in apartments North Wales.
When deciding where to live, it’s best to look at the pros and cons - you might just find out about the overwhelming pros that apartment living can offer. Here are some reasons why you should move into an apartment instead of a house.
One of the top reasons people cite when moving into an apartment is the ease of maintenance. When you don’t have a to-do list as long as your arm for property maintenance, then your home list is virtually non-existent. Homeownership brings responsibilities for all repairs, preventative maintenance and all the eye-watering costs that go with it. Even if you know someone who can do the work for you, you’ll still have to pay for it!
Living in an apartment means that you don’t need to worry about anything like this. Replacing a broken fridge, fixing a leaky roof or even a new lick of paint in the corridors is the responsibility of the apartment management team. All you need to do is pick up the phone or send an email to the property maintenance team if you have a problem.
When considering where you are going to live, safety is a primary concern - living in a multi-unit dwelling gives you added security that you wouldn’t find in a traditional home. Many new apartment complexes have controlled access, security cameras and even added fire protection.
The close proximity of neighbours is also a huge safety benefit; they’ll be able to hear if something happened, notice if something was out of the ordinary and might have extra time to alert the police should anything happen.
If you like to move around freely, or if you have a job that means you can either work from home or from anywhere in the country - apartment living could be for you. An apartment gives you the freedom to move whenever you choose to as many offer short-term leases.
Once you get locked into a house mortgage, you have to spend time and money putting your home on the market when you want to move. Plus you have the additional worry of getting enough out of your home to cover the mortgage you still owe.
Build Your Savings
Along with the financial benefits that go hand-in-hand with apartment living, you also have the chance to save for your future. The bigger cost of running a house makes it more difficult to save for a “rainy day”. When you have smaller expenses living in an apartment, you’ll be able to save money. This can open up a huge range of possibilities for you - you might be able to travel more, save for your retirement or even set up a university fund for your kids, apartment living can set you on the financial path to make those ideas a reality.