As affordability and availability of single family homes have risen through the last few years, attitudes toward family spaces are shifting. Condo living can be just as fulfilling for the progressive-thinking family as for anyone. Here are some considerations for families: Space . Obviously the biggest challenge families have is rambunctious tots who move a lot, and all the accoutrements that go along with them — craft supplies, bedding, study spaces, books, and toys, toys, and more toys. There are numerous space-saving storage ideas out there which make modern life in smaller spaces possible and even enjoyable. If you are feeling particularly challenged, why not hire a clutter or storage consultant to help you maximize the space? It’s a small investment for a potentially huge gain. Proximity to other families. It’s always nice when children are able to walk to a friend’s house, or have their friends over. You just can’t beat a trip down the hall or across the parking a
Over the last few years, rising housing prices have outpaced the ability of many first-time buyers to save a sufficient down payment to service a mortgage for a single-detached house. If you are getting tired of paying rent and you would like to own some real estate, there is an alternative. Purchase a condominium as your first home. Doing so doesn’t mean you have to give up your dream for a white picket fence and big garden. It simply means you shift your current expectations to get into the real estate market and put your monthly payments towards building your own family’s equity instead of a landlord’s equity. While considering your decision, may we point out a few benefits to condo ownership you might not have considered? The Primary Consideration - Price In Greater Victoria, condominiums are more affordable than owning a detached home. You’ll likely find your mortgage plus condo fees are equivalent to how much you pay for rent. If you end up paying more, be as