Living in apartments vs independent houses
When the decision of buying a home is taken, the immediate question if you should get an Apartment or an Independent House. Youths nowadays usually prefer apartment living, but the older generations prefer independent houses with their own backyard gardens.
BENEFITS OF INDEPENDENT HOME
You can design your house as per your preference and likes.
You can alter the interior and exterior of the home based on the latest trends, do not need permission from other residents as it is not shared.
You can set up a garden area in the backyard if you are a person who loves gardening.
You will be able to have and take care of pets without any disturbance as you wish.
You could expand the space at your home as required when your child grows up.
DRAWBACKS OF AN INDEPENDENT HOUSE
Security can be a risky.
Facilities like AC, Power backup and other equipment can be expensive and managing can also be difficult at times individually.
In case of electricity fails or other problems, you will need to call service men each time.
Household security is a hassle if you travel often for business..
ADVANTAGES OF BUYING AN APARTMENT
Security is high at apartments.
Facilities namely water backup, power backup etc. can be easily rectified in the case of an apartment home, as you already pay maintenance charges.
Most of the apartment will include external clubs, gyms, sports facilities and much more within them so that you need not go out and spend a lot outside.
You can make a call anytime in the case of electricity failure or any other problems as there will be a person to reduce the hassle of maintaining your home.
If you shift, you can provide the home to rent and therefore a huge income is guaranteed.
DISADVANTAGES OF AN APARTMENT
For apartment facilities, you will need to spend money on maintenance charges and this can be expensive in some cases.
You cannot make alteration on the exteriors of your home.
Limited space and rules at the apartment will not let your pets grow with freedom or in some cases even have them.