There’s no doubt that Wilmington, North Carolina, is still one of the best places to live. Its thriving economy, beautiful scenery, and more affordable living costs appeal to buyers from across the nation. With the inventory of single-family homes so tight nationwide, it may be time to buy a condo in Wilmington, NC.
If you’ve already decided to move, what kind of home will you buy? Single-family homes are the immediate answer, but have you considered buying a condo in Wilmington, NC?
Over single-family homes, condos have a lot of upside. Here are just a few to think over.
Wilmington, North Carolina, is one of the most popular relocation destinations for people moving out of busy cities. People are looking for a more laid-back lifestyle without giving up the city life, and they find the perfect balance here.
The influx of people coming to Wilmington, NC, has created tight competition in the housing market, and the inventory of homes for sale is tight.
Many people choose condos over single-family homes because condos don’t require the maintenance of a single-family home. If you’ve been thinking of the same thing, here are five additional considerations:
In the housing market, the value of a property often depends on its location, amenities, and size. Condos are generally smaller than other properties, so they cost less. Additionally, condo units are higher density and are considered less desirable to some buyer segments.
Prices for condos vary depending on the location, amenities, and size. In Wilmington, NC, generally, they’re much more affordable than single-family homes.
If you’re a first-time homebuyer on a tight budget, buying a condo could be a significant first step into homeownership. Keep in mind that while condos cost less, they still appreciate like any other home.
Some condo buildings and developments have gated entrances, doorkeepers, or security professionals. Unlike living in a single-family home, security is generally on-site, so if you find yourself in trouble or feel your safety is at risk, help is available quickly.
If you’re planning to move to Wilmington, NC, alone, buying a condo could add peace of mind. You’ll have security within reach and neighbors close by to help during emergencies!
Another great benefit of living the condo life is the access to excellent private amenities. In Wilmington, NC, Condos usually have pools, fitness centers, and parks exclusive to their residents.
It’s a great way to keep yourself healthy physically and mentally without the need for a long commute.
Condos in Wilmington, NC, may look high-maintenance, but they aren’t. You don’t need to cut grass, clean the pool, or check the gutters, and the association dues cover the exterior. You pay the fees, and other people will do them for you.
It’s the perfect option for busy professionals. You will never have to worry about anything else but your personal space!
No matter what city your condo is in, it could be in a prime location. Condos in Wilmington, NC, are located near the busiest parts of town. You’ll always have access to shops, restaurants, and entertainment!
If you’re lucky, you might find a condo just a few steps away from your office building. It’s the best way to beat rush hour and the long commutes.
Living the condo lifestyle is something you should consider, especially if you’re moving to Wilmington, NC. If you’re ready to start looking for your new condo in NC, we’re here to help! Our team has access to all the best condos in town, and we’ll be happy to take you around. Give us a call, and let’s start the hunt!
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