Are you considering buying a house of your own or maybe a condominium? Both types of housing have their advantages and disadvantages that might help you to find out what’s affordable and suitable for your own needs. Before we even get to compare the two, first, let us know what a house and a condo are. So, a house is a structure that stands on its own. It has at least four walls outside and those walls are not connected to any structure that can be used for residence. Often it is a piece of land with landscaping around it. Also, the owner of the home, not only owns the structure but the land too.

On the other hand, a condominium also known as a condo is in a shared building or a complex, and it’s usually much smaller in square footage than a house. It is more like an apartment you own. The condo management owns the exterior of the building as well as the garage, parking area, activity halls, like gyms and swimming pools, even the clubhouse. They’re typically less expensive than houses, but HOA (Home Owners Association) fees can be so high as to border on unreasonable. Still, condos are very popular with first-time homebuyers, investors, and downsizers.

House interior

Here are 3 of the things you need to know about whether you should get a single-family home or a condominium.


If you’re the type of person who loves privacy and gives it importance, then a house could give you a lot more privacy than in condo units. Owning a house means you have the authority to put “NO TRESPASSING” signs in front of your yard. While living in a condo unit, yes you have a bit of privacy, but, you’ll have to interact with other homeowners in the building daily since you’re all living in one big complex building. The space you bought is the only privacy you can have in a condo unit. So, you might want to consider this one if you’re the type of person who values privacy.


Yes, houses do have maintenance sometimes. Maintenance is limited to the inside of the condo unit you bought, this is because the HOA fees pay for the expensive parts of the building. However, you don’t need to worry about what needs to get fixed. You can just tell the management and they will fix it for you. On the contrary, there are also some drawbacks to being a homeowner. All maintenance fees are completely your responsibility, whether inside or outside your property. Also, when you purchase a house, you’ll never know when you’ll need to take care of something, so you might want to consider buying the necessary tools and equipment for maintenance.


One of the big pros of owning a house is being the one in charge of the remodeling and/or renovating the property without needing other people’s permission. It also allows more features like closets, a basement, and attics, but you will be the one responsible for the cost of it. You’re naturally going to be needing your neighbor’s consent if you want to do renovations on your condo unit, as you share the same building with them.

You’ll also need to let management decide which renovation is allowed in your occupied space. But the good thing about this is that the management can help you with the cost, especially if the unit has some damage. Most condos have their own activity hall and amenities, such as fitness centers, gym, pools, clubs, some resort-like, and more. Well, that might be expensive in a house.


As a condo owner, the management will make your life easier and help increase the value of your investment. A poorly run homeowner’s association can do the opposite. This is why all members of the association take part in the process of deciding on the building. Even though homeowners in a condominium look for safety, convenience, and the sense of being in a healthy community, some of them don’t like the restrictions and regulations within the condos. While if you own your own house, you have your own freedom. No rules need to be followed in your own space, although there are still rules and laws you need to abide by as a resident of a particular area.