January 4th, 2021

Why Buy A Bozeman Condo?

Why Buy A Bozeman Condo?

Why Buy a Bozeman Condo?

The Pros and Cons of Bozeman Condominium Living

Bozeman Condos For Sale Under $400,000Bozeman Luxury Condos For Sale Over $400,000

The benefits and drawbacks of Bozeman, MT condo ownership should be weighed against your overall housing needs and criteria. Here are the pluses and minuses:

Plus Side of Buying a Bozeman Condo

1.  Security: Bozeman condominium buildings often have security features, often buzzers, a guard service, cameras, etc. (check this out before buying, if it is of concern). Having a sense of security is particularly helpful if this will be your second home and you are only intermittently in town.

Taunya Fagan Bozeman Condos Townhomes For SaleAlso, you’re closer to other residents in case of an emergency or if you make friends who could keep an eye out for problems.

2.  Low Maintenance: ‘End the physical demands of mowing the lawn or shoveling snow.

Condo living means someone else takes care of landscaping, plumbing problems, exterior painting, roof maintenance. There may be some cases where you will have to pay for repairs or maintenance.

3.  Yard and Outdoor Space: Yards and outdoor areas are usually smaller in condo communities, so if you hate yard, hedge, or tree work, a condo may be the perfect choice for you.

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Will you be comfortable with Bozeman condo-community living? Here’s a list of basic “Minuses” of condo living to help you decide.

Minus Side of Buying a Bozeman Condo

1.  Box of Air: When you buy a Bozeman area condo, remember you do not own the land beneath the building, you simply share an interest in it. Instead, you own the space within the interior walls of your unit, and share ownership of the common areas with the other condo owners.

Taunya Fagan Bozeman Townhomes and Condos Pros and Cons

2.  Community Living: You’re much closer to your neighbors in a condo. Shared walls and common areas may allow noise from your neighbors to filter in or encounters with your neighbors more often than you may like.

Also, as part of the homeowner’s association, you will have to coordinate with neighbors to come to decisions regarding common area usage and changes.  If possible, try to meet your closest prospective neighbors before making a decision.

3.  Fees: Monthly condominium fees go toward maintenance and repair of the common areas. Occasionally, there are additional assessment fees to handle larger repair jobs. Your fees may also be paying for amenities, such as a swimming pool, that you may not use.

Although fees generally help pay for amenities and provide savings for future repairs, you will have to pay the fees determined by the condo board, whether or not you’re interested in the amenity or not, and fees can increase.

Storage: Some condos have storage lockers, but usually condos have no attics or basements to store belongings.

BOZEMAN REAL ESTATE REPORTS

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