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Old 10-07-2009, 10:20 AM
 
141 posts, read 576,631 times
Reputation: 88

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We are buying our 2nd home (CLOSING ON FRIDAY!!!! ), and am curious what are some major differences between owning a house, and owning a condo (Our 1st home is a condo). Other then the obvious yard care, responsibility of the roof and siding, no HOA!!!!, and separate billing for garbage pick up. I’m a little nervous about just those responsibilities in general, but want to know what I’m getting into.
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Old 10-07-2009, 10:36 AM
 
Location: Tempe, Arizona
4,511 posts, read 12,107,578 times
Reputation: 2197
Well, many single family houses also are part of HOA's, but I assume that your's is not. Otherwise, the big differences are as you mentioned, additional yard and home maintenance that used to be the responsibility of the condo association. And of course, not having to share walls with someone else.
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Old 10-07-2009, 09:53 PM
 
Location: Colorado Springs, CO
1,570 posts, read 5,396,638 times
Reputation: 1398
I've owned both - condo and single family. I don't know that I can say one is better than the other, but they are different.
Like RJRCM, I'll assume your single family house is not in an HOA.
You will need to become proactive. There will be no HOA manager to determine that the roof needs to be checked, the fireplace needs work, or the furnace will need to be cleaned ... you are on your own. You will need to hire your own service people or do the work yourself.

You may want to study up on how a house works. Try to learn the basics. What to do if the electric goes out, the plumbing backs up, etc. Do you know of a good plumber, HVAC (furnace / A/C) and handyman? If not, get them lined up for future reference.

Enjoy your home.
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Old 10-07-2009, 10:36 PM
 
Location: GA
2,777 posts, read 9,730,806 times
Reputation: 1141
Quote:
Originally Posted by MMichelle View Post
I've owned both - condo and single family. I don't know that I can say one is better than the other, but they are different.
Like RJRCM, I'll assume your single family house is not in an HOA.
You will need to become proactive. There will be no HOA manager to determine that the roof needs to be checked, the fireplace needs work, or the furnace will need to be cleaned ... you are on your own. You will need to hire your own service people or do the work yourself.

You may want to study up on how a house works. Try to learn the basics. What to do if the electric goes out, the plumbing backs up, etc. Do you know of a good plumber, HVAC (furnace / A/C) and handyman? If not, get them lined up for future reference.

Enjoy your home.
In a condo, if it's inside, it's your responsibility, unless the problem is caused by something on the outside, such as a leaky roof. fireplace, plumbing, furnace, etc...are maintained by homeowner.
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Old 06-20-2014, 08:47 PM
 
Location: City of the Angels
2,222 posts, read 1,741,897 times
Reputation: 5376
Now you can park your car on the front lawn if you want to.
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Old 06-20-2014, 09:51 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
31,174 posts, read 56,785,610 times
Reputation: 33413
If you made a good choice and had a reliable company do the inspection, you shouldn't have major repair bills for outside problems such as the roof, painting, dry rot or carpenter ant damage. What you should do is put aside what you were paying for HOA before into a special savings account for when those things are needed. A roof, for example is $8,000+. if you enjoy gardening
you will be happy with the house and yard, it does take time. Lawns have to be mowed once a week until about July when they tend to go mostly brown until late September, then you mow again weekly for a month or two before they go dormant for winter.
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Old 06-21-2014, 08:25 AM
 
4,183 posts, read 3,408,155 times
Reputation: 8970
You can now deal with neighbor problems face to face rather than through the association.
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Old 06-21-2014, 11:02 AM
 
Location: North Idaho
23,747 posts, read 30,507,223 times
Reputation: 47414
You won't be sharing any common walls with neighbors. Maybe that will cut down on neighbor noise.
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Old 06-21-2014, 12:12 PM
 
Location: OH>IL>CO>CT
5,484 posts, read 8,897,887 times
Reputation: 7656
If you are in the Snow Belt, you are responsible for shoveling the sidewalk (if any) in front of house ( and side if corner lot)

Also you can wash the car in the driveway, and don't have to share laundry facilities or storage areas.
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Old 06-23-2018, 05:29 AM
 
669 posts, read 255,620 times
Reputation: 1167
Old post...but still chiming in. My friends ( gals) who live in condos constantly b-yotch about condo fees. Go figure.
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