Cindy Gordon
Coldwell Banker Residential Brokerage | 774-249-4824 | [email protected]


Posted by Cindy Gordon on 6/6/2021


Image by Free-Photos from Pixabay

Condominiums can be an excellent option for first-time homebuyers. With lower upfront costs and great perks, a condo can definitely outshine a traditional detached home in many respects. However, even for new buyers a condo might not be the best choice. Here we will go over the main pros & cons of purchasing a condo as a new buyer.

Pros

No Yardwork - Condo buildings or communities always have a homeowners’ association that manages the day-to-day administration and care of the property. The homeowners’ association handles all the maintenance and upkeep of public spaces and utilities like parking, walkways, fencing and landscaping. Some condos have beautifully manicured gardens, lawns or other outdoor features and the residents don’t have to lift a finger to maintain it. If you’re somebody who’s dreamed of home ownership but dreaded the idea of taking care of your own yard, a condo can be a very convenient option.

Built-In Amenities - Living in a condo typically grants you access to several amenities and services provided only to residents. These amenities can include spas, fitness centers, swimming pools, sports courts and shared event space where you can host large groups. While you’ll have to pay a fee in order to access and help management maintain these facilities, you’ll have access to them at your convenience. If you’ve been trying to fit regular exercise into a busy schedule or want to play a sport with your family or roommates, this is a huge quality of life bonus over a detached single family home.

Cons

No Yard - The benefit of perfectly cared for landscaping comes the disadvantage of not having your own yard. Many condos have outdoor spaces, but those spaces are usually covered balconies or patios. Even condo units on the ground level of larger communities rarely have their own land to work with, which can be a real downside for people who like to garden. In a condo you won’t have as much room to work with for things like growing flowers, veggies or trees. Also, because of homeowner association rules, even if you have any gardening space, it will probably be subject to regulation. If you want a yard all to yourself and the freedom to care for it on your own, a condo might not be the best choice.

No Exterior Design Control - While you have the freedom to customize the inside of your condo, you can’t do anything to the outside of the building. This means no major renovations, repainting, changing windows or other customizations that would affect the exterior of your home. If you want to have freedom to change your home’s outside appearance or if you want a specific architectural design, a condo will unfortunately not fulfill this need.

Every condo community is different, so it’s important to weigh your options with those details in mind. A condo might be the perfect choice for a brand new homebuyer but not a good fit for others. Take some time to consider your priorities and preferences and you’ll figure out the best choice for your situation.





Posted by Cindy Gordon on 3/14/2021

Photo by Wes Hicks on Unsplash

Owning a condo can provide you with the best of both worlds. While you own your unit, ownership of the common areas, land and building are shared. The other members of the condo association share costs with you. Either a property management company or the board of directors is responsible for making any big decisions. 

There are a number of advantages of condo living but there are six big ones: 

1. No Outside Maintenance

Regardless of the season, there is always outside work that needs to be done. Thankfully, if you live in a condo, then someone else is responsible for mowing the grass, pruning the trees and shoveling the walks. You also won't have to worry about making any repairs to the outside structures. The condo fees that you pay monthly are designed to pay for these services. 

2. Customize Your Space

If you rent an apartment, you're usually limited in the ways you can decorate. This isn't the case when it comes to condo living. You can paint the walls to suit your tastes, hang pictures wherever you like and even renovate to create the perfect space. 

3. Access to Amenities

Many condo buildings offer amenities that aren't included in many homes or apartment buildings. Tennis courts, a gym, basketball courts and a swimming pool are just a few of the popular options. 

4. Prime Location

Living space in a major city can often be difficult to find -- not to mention expensive. Opting for condo living often provides a practical solution to this issue. You'll also be able to enjoy easy access to things like shopping, cultural events, dining, public transportation, work and more. 

5. Share Major Costs

Typically, a portion of your condo fees are earmarked for a reserve fund. This is used for major repairs like replacing the roof, renovating the exterior or repaving the parking lot. In the event that the reserve fund isn't sufficient to pay for a needed expense, you won't have to bear the cost alone. Instead, it will be equally shared among all the condo owners. 

6. Extra Security

Some condo buildings have a secure entrance, are gated or have a doorman. Having neighbors that live beside you might make you feel safer. If you travel, you won't have to worry about your home as much. 

Condo living can allow you to enjoy the freedom of homeownership without the negatives that sometimes go along with it. A local real estate agent can help you find a condo that meets your needs. 




Categories: Properties  


Posted by Cindy Gordon on 2/12/2021

This Condo in Worcester, MA recently sold for $331,000. This Townhouse style home was sold by Cindy Gordon - Coldwell Banker Residential Brokerage.


3608 Knightsbridge Close, Worcester, MA 01609

Condo

$325,000
Price
$331,000
Sale Price

6
Rooms
2
Beds
2/2
Full/Half Baths
WOW is what you will say when you enter this recently remodeled end unit townhouse. From the moment you enter 2-story Foyer you will be making note of all of the stunning upgrades that were done. The kitchen definitely makes a statement. EVERY surface has been touched. The kitchen features top of the line appliances, custom cabinets, upgraded Corian counters, Subzero wine fridge with expanded beverage drawers. You can choose to dine in either the sun drenched from dining area, or you could set up a more formal setting is the living/dining room combo area. The entire first floor has new wood floors stained in a gorgeous walnut color. Cozy up to a nice fire in your wood burning fireplace during the cold weather and lounge out on your large deck during the warm months. The second floor is host to 2 large bedrooms, master bath, and an additional full bath. In the partially finished basement there is a bonus room that has served as a 3rd bedroom for years & a half bath.

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Tags: Real estate   condo   Worcester   01609  
Categories: Sold Homes  


Posted by Cindy Gordon on 12/31/2020

This Condo in Hopkinton, MA recently sold for $340,000. This Townhouse style home was sold by Cindy Gordon - Coldwell Banker Residential Brokerage.


54 Pinecrest Village, Hopkinton, MA 01748

Condo

$325,000
Price
$340,000
Sale Price

4
Rooms
2
Beds
1/1
Full/Half Baths
You will feel right at home in this beautiful move-in ready townhome in desirable Pinecrest Village! The unit boasts a newly remodeled eat-in kitchen with white cabinets, corian like solid surface countertops and SS appliances, and slider to deck! Updated bathrooms and freshly painted walls throughout the first and second floors should appeal to all. The unit entrance and Living Room features hardwood floors! Upstairs you’ll find a large master bedroom with two closets, good sized second bedroom, and full bath, large linen/storage closet. The finished walk-out Lower Level with closet and storage offers many options as home office, game room, gym, or other use. Two deeded parking spots directly in front of unit, low condo fees, gas heat and pet friendly complex with easy commutes 495/90 and Commuter Rails! Hopkinton is home to great schools, state parks, lakes, and a nice downtown! Don’t miss out!






Tags: Real estate   condo   Hopkinton   01748  
Categories: Sold Homes  


Posted by Cindy Gordon on 11/4/2020


54 Pinecrest Village, Hopkinton, MA 01748

Condo

$325,000
Price

4
Rooms
2
Beds
1/1
Full/Half Baths
You will feel right at home in this beautiful move-in ready townhome in desirable Pinecrest Village! The unit boasts a newly remodeled eat-in kitchen with white cabinets, corian like solid surface countertops and SS appliances, and slider to deck! Updated bathrooms and freshly painted walls throughout the first and second floors should appeal to all. The unit entrance and Living Room features hardwood floors! Upstairs you’ll find a large master bedroom with two closets, good sized second bedroom, and full bath, large linen/storage closet. The finished walk-out Lower Level with closet and storage offers many options as home office, game room, gym, or other use. Two deeded parking spots directly in front of unit, low condo fees, gas heat and pet friendly complex with easy commutes 495/90 and Commuter Rails! Hopkinton is home to great schools, state parks, lakes, and a nice downtown! Don’t miss out!
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Tags: Real estate   condo   Hopkinton   01748  
Categories: New Homes