If you're considering shifting from an actual house to a condo, you should know that the change you're gonna go through won't be a minor one. There are a lot of things that will differentiate your lifestyle apart from the physical size of your home. If you're seriously thinking about this shift, here are some of the factors that you should consider:
Fees
With a smaller home, it is unlikely to be responsible for the same costs a larger home comes with. However, you will have to pay for a monthly condo fee that will cover your maintenance and insurance. The benefit here is that you don't have to dig through your pocket every time an upgrade and repair becomes necessary. It's worth noting however, that this may not cover each repair issue that can come up (although it does cover many home costs), so it's still important to read carefully what your monthly condo fee covers.
Central living
You may have to say bye to suburban living and say hi to central living. Condos are usually situated in areas surrounded by restos, malls, and groceries, which is something many people prefer. If you like driving to run errands, this feature may not be beneficial to you, but if you like walking as an exercise, condo living is a great shift for you.
Space issues
It's certainly worth noting that condo living means a smaller space for your 'stuff'. If you're transferring from a house to a condo, you've got to dispose some of your things to ensure that your condo won't be full of unimportant clutters. Home transfer is actually the best time to screen your belongings and identify which ones you should give away or dispose, regardless if you're transferring to a smaller home or not. It would be too messy for your home if you carry 100% of your possessions in transferring from one home to another.
