To condo, or not to condo Investing in an abode today would give Hamlet pause

BUYING your own home is a decision that ranks among the most critical choices anybody can make.

When considering property investment, people generally look for a place where one can find solace, freedom, and a breath of fresh air, away from the chaos of daily life. But the question that looms large for many is whether to invest in a house or a condo unit.

Here’s a modest guide you can use to answer that question.

Cost-efficient investment

Cost efficiency is subjective when it comes to owning a property. Condominiums are typically less expensive than houses due to their size, and their maintenance is usually cheaper as you are only responsible for the interior of your unit.

With association fees in place, you won’t have to worry about exterior maintenance or administrative assistance.