When we went to Boston and looked at houses, I noticed that single family homes of about greater or equal size to condos were going for more than slightly less.
This may have been a fluke in both what we were looking at and where — after all, it’s not an entirely static comparison.
On the other hand, I was wondering why one would choose to live in a condo over owning a single family home — or maybe even sharing a duplex with a friend or family member.
Those condo fees do add up — not to mention that often you might have to negotiate with your other condo-mates to fix it up, which might or might not be worth it to pursue.
I’m pretty sure there has to be an aspect I’m missing here, but at the moment, I think I’d cheerfully go for a single home and then try to rent out one of the floors if I really wanted to go into the renting business. Not that either is on the horizon as of now — but just saying.
