Our team sells condo property's and homes we love both of them only problem with either is how well they are kept up. Make sure to look at the condo's over all not just yours, the same can be said for the neighborhood your home is in. Both have great turn time on listing and selling too. Our market this year for all properties is a little crazier than normal but we are having a great year. Thank you for your great question. Cheryl Cooper

Hi, I think your better with a house! Why? Well price added to your monthly payment can price some people out of that price range. Condo fee can add up to a lot per month that could be applied to a bigger and better house for the money. Your better off finding your own Mr. fix it. If your place is good to start with it should not cost as much over time to keep it up as compared to paying a $300 a month condo fee for only outside maintenance! Your better off getting into a subdivision with a pool and stuff that has a $400 a year fee! Amenities in the subdivision has a lot of charm and is really cheap as they take care of it and don't charge you an arm and a leg for it. It only costs twenty five bucks to get the grass cut if you don't do it. Search my web site or I can send you homes with pools, tennis courts, lakes, golf courses. What ever you like I will find for you. Sincerely Rob Benson with PSP 636-373-4381 or buy1realestate@aol.com

I think this really depends on what you want to spend. There are pros and cons to both. For example you have to pay a condo fee but you don't have to maintain the yard and with a house you do.

Jacob,
I am a Realtor whose office is also located in the 63304 zip code - so to answer your question I ran 2 searches in the Multiple Listing Service - one for houses and one for condos in this zip code with the same price range of $150-$200K that have sold as of today. It took a house in this price range 86 days to sell and a condominium 85 days to sell....so no big difference in this zip code. However, LOCATION is the key to your question. Condos in this zip code are usually not very old so that always helps. I am very familiar with the St. Charles County area and would be happy to speak with you further about your question if you would like. The answer will depend on the area, condition and age of the property you select.

Jacob,
Although there are contributing factors beyond anyones normal control such as an areas economics (job market, etc) normally a home will appreciate in value or at the very least hold it's value better then most condominiums. There of course are exceptions based on the location. Take for example New York in an area where housing is at a premium everything appreciates. Now with that said usually the condo's do not stay on market as long when it comes to resells. So I would make a list of your concerns and sit down with an agent and get some hard facts as to the area you are looking at buying into. What are the average days on market for the homes to resell, what is the appreciation rate for those homes, and maybe even how many homes are being bought and sold there? Just take your time and be very comfortable with your decision this is one of the largest purchases you will ever make you need to be sure about it.
If you have any other questions just drop me a line.
Good luck and good house hunting,

Larry Story
Coldwell Banker Triad
larry.story@coldwellbanker.com