If you are looking for a place to call home, you do have several options. In British Columbia, real estate agents offer a wide choice. For example, at Maple Ridge BC, first time and other homebuyers can choose from three main categories of housing:
1. Condos
2. Townhouses
3. Detached Homes
Before preferring one to the other, understand their distinctions
What Are Condos?
Condominiums aka condos are similar to apartment buildings. The major difference is ownership. People rent an apartment; they own a condo. However, ownership of a condo only extends to everything within the four walls of the purchased structure. The owner has no land, no back or even front yard. An owner shares certain common areas with other condo owners. He or she pays for these spaces through condo fees.
The condo monthly fees are set by the Condo Board. The money goes for building maintenance. The board may also request extra money for unexpected repairs or additions or renovations. However, if you do not like to shovel snow or cut grass, a condo may be perfect. Before you buy one in Coquitlam or Maple Ridge BC, talk to a qualified real estate broker about what expectations you have and what fees are involved.
What Are Townhouses?
What makes a residence a townhouse? Townhouses resemble detached houses. They have one or more floors. They usually have a backyard. However, townhouses are usually linked together as part of a multi-unit complex of buildings.
Real Estate Dreams: Detached House
The dream of many Canadians is to own a detached house sitting on its own lot. It may have a garage, but it definitely has a backyard. The market in Maple Ridge BC does offer you several choices. However, before you talk to a real estate agent about purchasing one, make sure this is your own dream. A townhouse or a condo may be more affordable and more suitable.
