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    Condos Real Estate

    Condos in Idaho

    Condos are a great idea for those that are looking to have the financial benefits of owning a home, such as building a credit and having the freedom to renovate as you see fit, without giving up the convenience of an apartment. Condos, if you don’t already know, are shared living units that you own. They usually have other amenities like a pool, a concierge and lawn care to make them more convenient and fun for residents. Not to mention, since the person living there owns the place, they tend to have nicer appliances than most apartments because they are. Ownership encourages people to not only take care of the condo but install nicer appliances, fixtures and so forth as well. Some buy them to live in them and other buy them to rent them out to others. Whatever your plan is, however, we have some great options for you to take into consideration.

    In Idaho, there are a lot of condo owners that rent out their condos as vacation spots. Places like Sun Valley and McCall have a tourist nature to them and there is a higher demand for the vacation type of condos. The condos are beautiful, rustic and well kept. Even with the emphasis on tourism rentals, there are places in these areas that can be rented for more long-term depending on the landlord and what they would like to do with the condo. In other places such as Boise, Eagle, and Meridian there are condos built with the intention of being bought or rented more permanently. These condos are also very well kept and have a great style to them.

    Condominiums are a big part of the Idaho Real Estate MarketCondos tend to cost a little more than apartments because they a) are much higher quality, like we mentioned before and b) have a Homeowners Association (HOA) dues that pay for repairs or cleanup for things such as pools and lawn care. You do benefit from these things, so your money is not by any means being wasted. Not to mention, you still are receiving control of the condo. Homeownership, even when it comes to condos, is great because you have more freedom with the space to change it or rent it out yourself when you outgrow or grow tired of it. That also means any repairs or renovations are out of pocket for the buyer of the condo. This is important to remember when looking at condos to buy. Look for something that you like the way it is if you are looking to save a little money.

    Renting or buying a condominium can be a great alternative to buying a home. Maybe you don’t need the size of a house or you might not have time to do as much up-keep outside your house and would like for that obligation to be someone else’s responsibility. Or maybe you just want to dip your toes into being a landlord. Whatever the reason may be though, Idaho has a great selection of condos for you to choose from in every area of the state. From Sun Valley to Boise you are bound to find the right condo for you.

    Sources:

    https://blog.rent.com/renting-a-condo-vs-apartment/