Reasons Why Yuppies Should Purchase a House and Lot
Published · Friday, November 20, 2020 08:37 AM
Condominium living is fitting for the lifestyle of young professionals aged 20 - 35 in so many ways. As these yuppies have relatively fewer financial responsibilities, they have the energy to accept more work and they have all the years ahead of them in paying for mortgages and enjoy the condo unit and the perks of condo living. Vertical living is indeed a good choice for the young, single and independent individuals.
But do you know that there are still some things that only a house and lot can offer? They may be simple, but they make a huge difference in improving the quality of life. There are still a lot of valid reasons why young professionals should invest in a house and lot while they are young.
We will all come to a certain age that we would want to stop working and start living a life outside of an 8-to-5 day job, and a house and lot is a practical investment before we retire. You can avoid the steep staircase of condos that you have to climb every now and then with a horizontal living. You can also live with more space, which is more suitable for an elderly.
A great place to raise a family
In this modern day, people still practice a tightly-knit family relationship. Although there people who prefer to leave their parents or let other people take care of them as they grow old, there are still a lot of people who values strong family ties and a house and lot is an ideal place to live with the whole family as it provides more space and freedom, especially if you are just starting to raise your own family.
Spacious place to bond and unwind
There are great amenities offered in condos such as gyms and swimming pools but your unit’s space have to be compromised. You may not get these amenities in a house and lot, but it means more living space – the space that you can use most of the time. With ample space, you also have more freedom to move, to decorate and renovate according to what you like, and you can reserve those for private use only. You have a bigger room for sports, leisure, and other activities or hobbies that you love doing with family and friends. If you are lucky enough to find a house and lot inside an exclusive subdivision or village, you can enjoy the relaxed living experience from these amenities being offered for free : a wide-open green spaces for anyone and any activity, a well-equipped clubhouse for parties and other events, fresh countryside air, 24/7 security and more.
Cheaper in the long run
A condominium unit generally costs less than a house and lot, but this doesn’t mean it will always remain the same way because of the monthly fees that you have to pay for the maintenance of the building and amenities which only add up to more costs for you in the long run. If you are living in a house and lot, you can minimize these kinds of expenses.
Better quality of life
Most house and lot properties can be bought outside of a city or the metro. Those places where the air is cleaner, lifestyle is cheaper and sustainable, has less crime and is close to nature. In this day and age of science and technology, oftentimes we feel how toxic it is living in a city where life is fast-paced. We need a place to detox, to breathe, to escape and that is only possible if we have our own place outside of the hustle and bustle of the city life.
Value appreciates over time
One of the tangible properties that has a long-term and stable growth in value is the real estate. The continuous demand for housing makes the values increase on a cumulative basis. Land on the other hand, is not something that is abundant in the world which is why it is an extremely valuable resource. Owning a piece of a house and lot is financially advantageous because it is an infinite asset.