Why buy a Condominium?

Are you a retiree, or a young couple looking for a starter home, or maybe a young professional who travels frequently? Or maybe just wanting to downsize from your current home. Or are you just considering what other options are out there to choose from other than renting or pursuing a standard single-family dwelling? With all of this in mind a condominium may very well be the right choice and worthy of your time and consideration.

There are many reasons to buy a condominium. First off they are generally less expensive than a standard home. Though markets vary from place to place generally speaking condominiums cost less than a standard home.

Additionally condominium developments often come with numerous perks and amenities that otherwise would not be affordable to the prospective buyer. Clubhouses, swimming pools, tennis courts, or even fitness facilities are some of the more common amenities.

Another reason to buy a condominium is that apart from minor repairs the maintenance of the property itself is not the direct responsibility of the individual owner. The same goes for the maintenance of the common grounds or areas as well. This can be a big pull for folks who desire to spend their time on more relaxing pursuits. Or for those who just find their time taken up with any variety of responsibilities and have limited time left over for on-going maintenance and upkeep.

Another benefit to buying a condominium is that there often develops a strong sense of community where one can get to know his or her neighbor. This is particularly true when there are planned social events such as potlucks, tournaments, or other similar events. Along with this knowing your neighbor can be helpful when safety issues come to mind. When neighbors know each other they generally tend to lookout for one another as well.

Another advantage is that because of the lower price associated with buying a condominium it may allow for the possibility of buying in a location that normally would be out of reach financially. Whether it be at a ski resort, at the beach, or maybe just a trendy part of town; because of the lower pricing there are more possibilities available.

Other reasons to buying a condominium would be that one is still entitled to deduct the mortgage interest and property taxes normally associated with regular single-family dwellings. In addition to this one can build equity like a standard home as well. There can even be in certain situations investment possibilities.

In summary there are many reasons to buy a condominium. Whether it be related to economic or practical issues, or maybe just something fun; the right fit can bring one years of enjoyment.

TriCities Area Condo Search

419 NE Morton, Pullman $449,000

Location! Location! Location! This college hill property in Pullman is perfect for the investor looking for a low maintenance and low vacancy rate investment property or ...

5 Beds
2 Baths
244593 MLS

Courtesy of Woodbridge Real Estate

Listing courtesy of Woodbridge Real Estate.

417 NE Morton, Pullman $379,000

Location! Location! Location! This college hill property in Pullman is perfect for the investor looking for a low maintenance and low vacancy rate investment property or ...

4 Beds
2 Baths
244592 MLS

Courtesy of Woodbridge Real Estate

Listing courtesy of Woodbridge Real Estate.

1639 Mowry Square, Richland $195,000

LOCATION LOCATION LOCATION!! This North Richland sweetie is ready for new homeowners! New flooring, new windows, new heat pump, new water heater! Adorable lighting fixtur...

4 Beds
1 Baths
244497 MLS

Courtesy of Results Realty Group Tri-Cities

Listing courtesy of Results Realty Group Tri-Cities.

523 Greenbrook Pl, Richland $505,000

A truly one of a kind, basically rebuilt, townhouse. Right on the Meadow Springs golf course. Feels like a rural setting. All beautiful wood and tile floorings. Granite c...

3 Beds
3 Baths
244347 MLS

Courtesy of Desert Hills Realty

Listing courtesy of Desert Hills Realty.

3148 Willow Pointe Drive, Richland image

3148 Willow Pointe Drive, Richland $649,000

Welcome to Willow Pointe, a stunning property located on the beautiful Columbia river with unobstructed views, soaring ceilings and filled with natural light. You will ...

4 Beds
5 Baths
244143 MLS

Courtesy of Windermere Group One/Tri-Cities

Listing courtesy of Windermere Group One/Tri-Cities.

303 Gage Blvd #118, Richland $175,000

Enjoy the serene lifestyle offered by this ground level condominium with views of Amon Creek and the wildlife from your private covered patio. Throughout the home is beau...

2 Beds
2 Baths
243933 MLS

Courtesy of Encore Realty, Llc.

Listing courtesy of Encore Realty, Llc..

1435 SW Wadleigh Drive, Pullman $339,000

Amazing views of the city and mountains from this sprawling 2 bedroom plus den - single level townhome. This rare find has incredible views! Inviting foyer leads onto a s...

2 Beds
3 Baths
243921 MLS

Courtesy of Coldwell Banker Tomlinson - Pullman

Listing courtesy of Coldwell Banker Tomlinson - Pullman.

1309 Goethals Dr. Apt G, Richland $107,000

This homes kitchen has been updated beautifully with tile counters and laminate floors. The bedrooms are very large. You will love the wood bookcase and fireplace in the ...

2 Beds
1 Baths
243875 MLS

Courtesy of Retter & Company Sotheby's International Realty

Listing courtesy of Retter & Company Sotheby's International Realty.

467 Bedrock Loop, West Richland $348,250

"The Syrah" by Red Mt. Construction in West Richlands newest townhome community! wonderful views from this hillside community with great sunsets and close proximity to Re...

4 Beds
3 Baths
243864 MLS

Courtesy of Retter & Company Sotheby's International Realty

Listing courtesy of Retter & Company Sotheby's International Realty.

2716 Serenity Court, West Richland image

2716 Serenity Court, West Richland $339,742

Green Plan Construction brings you another Maintenance Free Luxury 3 bedroom stucco townhome, featuring elegant granite or quartz counter tops, built-in kitchen appliance...

3 Beds
2 Baths
243818 MLS

Courtesy of Sl Nuxall Real Estate Services, Llc.

Listing courtesy of Sl Nuxall Real Estate Services, Llc..

2573 Violet Ct, Richland $360,000

Beautiful Townhouse in Sienna Sky with 2196 sq ft. This home looks out on the park area and is in a quiet community. The 3 bedroom, 2 bath home has large bedrooms an...

3 Beds
2 Baths
243789 MLS

Courtesy of Retter & Company Sotheby's International Realty

Listing courtesy of Retter & Company Sotheby's International Realty.

2724 Tranquil Court, West Richland image

2724 Tranquil Court, West Richland $292,408

Green Plan Construction brings you another Maintenance Free Luxury 2 bedroom stucco townhome, featuring elegant granite or quartz counter tops, built-in kitchen appliance...

2 Beds
2 Baths
243767 MLS

Courtesy of Sl Nuxall Real Estate Services, Llc.

Listing courtesy of Sl Nuxall Real Estate Services, Llc..

2712 Tranquil Court, West Richland image

2712 Tranquil Court, West Richland $291,675

Green Plan Construction brings you another Maintenance Free Luxury 2 bedroom stucco townhome, featuring elegant granite or quartz counter tops, built-in kitchen appliance...

2 Beds
2 Baths
243765 MLS

Courtesy of Sl Nuxall Real Estate Services, Llc.

Listing courtesy of Sl Nuxall Real Estate Services, Llc..

2752 Gentle Court, West Richland $292,456

Green Plan Construction brings you another Maintenance Free Luxury 3 bedroom stucco townhome, featuring elegant granite or quartz counter tops, built-in kitchen appliance...

2 Beds
2 Baths
243751 MLS

Courtesy of Sl Nuxall Real Estate Services, Llc.

Listing courtesy of Sl Nuxall Real Estate Services, Llc..

483 Columbia Point Drive, Richland image

483 Columbia Point Drive, Richland $429,000

Finally it's here! The Crossings Condo! A place to call home that near one of the most popular locations in the Tri-Cities. This setting includes Columbia Point Golf cour...

3 Beds
3 Baths
243638 MLS

Courtesy of Retter & Company Sotheby's International Realty

Listing courtesy of Retter & Company Sotheby's International Realty.

3192 Willow Pointe Dr, Richland $440,000

Looking for RIVER VIEW property? Look no further! Welcome to 3192 Willow Pointe Drive. This townhome sits on the water and provides breathtaking views of the Colombia Riv...

4 Beds
3 Baths
243590 MLS

Courtesy of Windermere Group One/Tri-Cities

Listing courtesy of Windermere Group One/Tri-Cities.

2717 Serenity Court, West Richland image

2717 Serenity Court, West Richland $341,934

Green Plan Construction brings you another Maintenance Free Luxury 3 bedroom stucco townhome, featuring elegant granite or quartz counter tops, built-in kitchen appliance...

3 Beds
2 Baths
243588 MLS

Courtesy of Sl Nuxall Real Estate Services, Llc.

Listing courtesy of Sl Nuxall Real Estate Services, Llc..

526 S 40th, West Richland $165,000

new paint,sink,garbage disposal,dishwasher,toilet.stainless steel appliances,covered patio,storage shed.all ready to move into

2 Beds
1 Baths
243531 MLS

Courtesy of Desert Hills Realty

Listing courtesy of Desert Hills Realty.

1923 Meadows Dr N, Richland $329,000 ▲

Welcome home to this amazing view! Walk into this home and admire the raised ceilings, formal dining area and the large living room with a wood fireplace. Walk downstairs...

3 Beds
3 Baths
243442 MLS

Courtesy of Keller Williams Tri-Cities

Listing courtesy of Keller Williams Tri-Cities.

3121 W Hood A-102, Kennewick $115,000

Main level condo! Beautifully updated kitchen with Corian counter tops, high quality cabinetry, full tile back splash, and all of the appliances are included. Nicely upda...

2 Beds
1 Baths
243420 MLS

Courtesy of Windermere Group One/Tri-Cities

Listing courtesy of Windermere Group One/Tri-Cities.

1311 Goethals Drive, Richland $117,000 ▼

Wonderful opportunity to OWN for less than rent! This great 1036 sq ft space can be yours and a covered parking spot, as well as a storage unit. Centrally located and pr...

2 Beds
1 Baths
243309 MLS

Courtesy of Cari Mcgee Real Estate Team / Keller Williams Tri-Cities

Listing courtesy of Cari Mcgee Real Estate Team / Keller Williams Tri-Cities.

4214 W Klamath Ave, Unit B4, Kennewick image

4214 W Klamath Ave, Unit B4, Kennewick $212,990 ▼

This is the home you have been looking for with all the amenities you need and ample storage throughout. Great 3 BR 3 BA condo in West Kennewick's Chateau 42!Located in c...

3 Beds
3 Baths
242539 MLS

Courtesy of Coldwell Banker Tomlinson Associated Brokers

Listing courtesy of Coldwell Banker Tomlinson Associated Brokers.

513 S Cedar Avenue, Pasco $195,000

Modern attainable living! Modern 2 BR 1 BA townhome with a comfortable layout, quality inclusions, and skilled craftsmanship in a growing community. Situated close to sch...

2 Beds
1 Baths
242174 MLS

Courtesy of Kenmore Team