Are you currently looking for a new place to call home? Are you trying to decide whether you should rent an apartment or take the leap and invest in buying a home? Are you ready to give up avocado toast for good?
If you’ve answered yes to any of the above, you’ve got a lot of different factors to consider.
To help you make the apartment vs house decision, here are 3 facts why renting an apartment may be a better option for you than buying a home.
1. You Have More Freedom in an Apartment
When you own a home, you can’t easily leave for extended periods of time and not have anything to worry about.
However, when you’re renting an apartment, you can pick up and leave at the drop of a hat without having to alert anyone if you don’t have a pet. You won’t need to have your neighbor get your mail, or monitor your home security system remotely. Better still, you won’t have to worry about deterring intruders by pretending that you’re home with internal and external lighting or leaving the TV and/or radio on.
When you live in an apartment, there’s always someone nearby with a watchful eye.
2. Apartments Have Fewer Expenses Associated with Them
Do you need to have funds available for a hefty downpayment to secure an apartment? No. In most cases, all you’ll need are rent for the first and last month and a security deposit. And if something starts leaking or other issues arise, you won’t be held accountable for paying for them out of pocket.
When you’re looking to buy a house, you’ll need to have a certain percentage of the total cost set aside for the downpayment. Not to mention, you’ll need to have additional funds saved in the event that there are internal or external issues. And, you’ll either have to fix them yourself or pay someone else to.
3. Apartments Are Easier to Maintain
If you choose to live in an apartment, you won’t have to waste your precious time worrying about things like mowing the lawn and or fixing your old water heater when it inevitably breaks. And, even though it will come at the cost of less space, there are plenty of ways you can maximize the space you have. Once you’ve done that, cleaning will be a breeze.
Settle the Apartment vs House Debate Once and for All
Now that we’ve established what makes apartments so great, it’s time for you to settle the apartment vs house debate for good. If you’re the type of person who places a great deal of importance on being able to travel as you please, are budget conscious, and don’t want to worry about maintenance, it should be apparent that renting an apartment is the most obvious choice here.
If you’re in the market for an apartment in Fort Wayne, Poplar Ridge Apartments are in a great location close to work and school and has plenty of options for play. Don’t wait, contact us to schedule a tour.