Thinking about entering the housing market? It may be time to take a different strategy. Home values are higher than ever and the competition is even worse. Finding the right home could take years.
That is why it is time to buy a Manhattan condominium instead. A property from 35 Hudson Yards will quickly show you that there is so much to love about condo living and how it can be the right investment as well.
Better Insurance Rates
One of the more underrated aspects of buying a Manhattan condominium is the lower insurance rates. Homeowners insurance on a traditional single-family home can be quite expensive as it has to be all-inclusive.
Homeowners insurance on a condo only needs to cover the inside of the home since HOA fees cover the rest. That means a much less expensive insurance plan than you would have on a traditional home.
Maintenance-Free
Perhaps the worst part about owning a house is the maintenance that comes with it. When something goes wrong, you are responsible for fixing it. Even regular maintenance can become a major hassle.
A Manhattan condominium ensures that you won’t have to tangle with that mess. Anything that goes wrong can be handled by the maintenance staff, ensuring that you keep your money and time for yourself. It is the best way to keep up with your home and save yourself the stress when something goes wrong at home.
