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07-23-2011, 09:01 PM

Having a bit of a dilemma lately...
Looking to get a place but really not sure what to go for.

Please keep in mind that I'm 25, single (girlfriends come and go), and my brother will probably move in with me. Also, I can't cook for shit.

House pros:
(MOST IMPORTANT) - Better investment, easier to resell, higher ROI
- More privacy, private garage, no neighbors
- Double the space than the condo, able to have a dedicated office
- Better for barbecues, parties, making noise, etc...

Penthouse pros:
(MOST IMPORTANT) - Central (walkable to a bunch of restaurants, bars, movie theater, groceries)
- Less maintenance (but condo fees will still be expensive)
- Better views (11th floor), floor to ceiling windows, more natural sunlight
- About 200-300k less expensive than a house
- Will be ready sooner
- More cosey (definitely don't think I need that much space)

While almost every unit in the condo has sold, the penthouse is still available. (makes me question resale)
They keep building more and more condos in the area, and many people are saying there might be a condo crash because of oversupply.

I will be living in this probably 5-6 years and then moving on.

Let me know what you think!

07-23-2011, 09:01 PM
buddyjuf Guest Posts: n/a	House vs. Penthouse Condo Having a bit of a dilemma lately... Looking to get a place but really not sure what to go for. Please keep in mind that I'm 25, single (girlfriends come and go), and my brother will probably move in with me. Also, I can't cook for shit. House pros: (MOST IMPORTANT) - Better investment, easier to resell, higher ROI - More privacy, private garage, no neighbors - Double the space than the condo, able to have a dedicated office - Better for barbecues, parties, making noise, etc... Penthouse pros: (MOST IMPORTANT) - Central (walkable to a bunch of restaurants, bars, movie theater, groceries) - Less maintenance (but condo fees will still be expensive) - Better views (11th floor), floor to ceiling windows, more natural sunlight - About 200-300k less expensive than a house - Will be ready sooner - More cosey (definitely don't think I need that much space) While almost every unit in the condo has sold, the penthouse is still available. (makes me question resale) They keep building more and more condos in the area, and many people are saying there might be a condo crash because of oversupply. I will be living in this probably 5-6 years and then moving on. Let me know what you think!