When looking to move into a condo building, once you look at the rooms, monthly fees, and location, consider whether you want to live in a high-rise building or a low-rise. If you’re unsure what building type would work best for you, here are the pros and cons of high-rise and low-rise living.
What’s The Difference?
Generally speaking, high-rise condominiums are structures taller than seven stories. These enormous buildings stand out in heavily crowded urban areas. They provide inhabitants with breathtaking views and a plethora of contemporary facilities, in addition to defining the skyline.
Conversely, low rise condos are typically found in more residential, suburban regions as well as busy metropolitan centers. They have a maximum height of six floors or less. These structures usually have fewer apartments and offer a more personal living environment. This may facilitate access to the apartment and outside areas and foster a greater feeling of community.
High Rise
Pros
• High-rise apartments offer great views of the surrounding areas. This is a great perk for people who like to hang out on their balconies or look out the windows.
• Typically, high-rise buildings have better amenities for residents. These could include fitness rooms and swimming pools, entertainment areas, or even rooftop patios and gardens.
• Security is greater in high-rise buildings, especially those located in downtown or highly trafficked areas of the city.
• Monthly condo fees in high-rise buildings tend to be slightly lower because the total costs are split among more residents.
Cons
• You’re very dependent on elevators in high rise buildings, which can be inconvenient during busy times and power outages.
• High-rise buildings have larger populations of residents, which means more noise, crowded common areas, and in many new buildings, limited parking spots and storage lockers.
• High-rise buildings with better views tend to be more expensive to buy.
Low Rise Buildings
Pros
• Generally speaking, low-rise apartments have lower maintenance costs. This is due to the building’s smaller size, which can save residents money.
• Because of their smaller size, low-rise condominiums have a much greater community feel. These communities also typically have lower noise levels and require less maintenance in the form of landscaping, repairs, and upkeep of the amenities.
• Easy access to the property’s common areas and parking lots is an additional benefit, especially if you have young children or pets. Because of these qualities, many purchasers may find a low-rise appealing.
Cons
• Low-rise apartments tend to be further from city centers, usually in more suburban areas. While this might be a plus for some people, if you work, go to school, or spend time in the city it could be a pain traveling back and forth. Plus, you might not have the best view out of your apartment.
• Many low-rise buildings also do not have elevators, or only have one. While there are less floors, having to climb up four flights of stairs just to get home isn’t ideal for many people.
• Due to their smaller housing stock and cheaper maintenance expenses, low-rise apartment buildings may find it challenging to accommodate a wide range of events. Certain low-rise flats provide common areas, but their quantity and range may be very limited.
The Pros and Cons of High Rise and Lowrise Living by Aiden Lowrie | zoocasa
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