Condo Renting Pros and Cons

Condo Renting Pros and Cons

Condo Renting Pros and ConsChoosing what type of housing you want is a big decision. From space to amenities to cost, there are plenty of factors to consider when choosing whether you want a condo or an apartment to rent. Many people are familiar with the process of renting an apartment, but may not be well informed on renting a condo. While the choice might seem daunting, we have provided the pros and cons of renting a condo to ease your mind and help you make the decision that best suits your needs. Wherever you end up, ensure you have the right CT Renters Insurance to protect your belongings.

Pros of renting a condo.

Oftentimes, condos are owned by individuals who then rent them out privately. Because of this, they are typically well-maintained and have their own money invested in it, so extra care is taken. What’s more, there are traditionally more amenities offered by condo associations such as pool and lawn care, gyms, upgraded appliances, and sometimes even a concierge, says Rent.com. Lastly, any damage or issues can be managed immediately as you can contact the owner directly.

Cons of renting a condo.

The additional HOA fees that are tacked on to the owner’s bill will likely be trickled down to you. This expense could cost you an additional couple hundred dollars each month, so be sure to leave room in your budget when searching. Next, while your repairs might be completed promptly, the costs might be your responsibility, depending on the condo owner’s preference. Before moving in, sign an agreement to determine who is liable for which costs and repairs to avoid discrepancies.

 

About Byrnes Agency

At Byrnes Agency, we are here to serve your renter’s insurance needs. Our cost-effective solutions and our dedication to customer service have allowed us to serve Connecticut for over 80 years. For more information, contact us today at one of our three locations.

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Dayville Office

Phone: (860) 774-8549
394 Lake Rd
Dayville, CT 06241
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Norwich Office

Phone: (860) 886-5498
6 Consumers Avenue
Norwich, CT 06360
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Woodstock Office

Phone: (860) 928-7928
1226 Connecticut 169
Woodstock, CT 06281
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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