Lots of levels to that question yet to explore. Let me start with reinforcing the importance of location and that includes uniqueness. A limited quantity of anything in a good location will push the value forward. Being on the water is very important to many who live in Florida. If you want a golf community, chose the best in your budget as there is a good size of the population which are devoted to their golf activities. (Watch out for excessive fees and costs to buy in.)
If you decide you like the lifestyle of a condominium, there are millions of 2 bedroom 2 bathroom condominiums in Florida. Chose something that has some distinction; 2 bedroom and a den, end unit (always better), facing east or south east (south gets pretty toasty and west can too).
Age is important too in either a condominium or single family home. The building codes changed in 2005 to make structures that would take a serious hurricane. Your insurance costs will respect a newer building's features.
In the past several years, single family homes have sold better than condominiums. Part of that had to do with supply and part dealt with financing matters and communities with investors who often weren't able to support their purchases.
There is no one word answer here, Ed. Continue doing your homework and asking real estate professionals for help. I wish you good luck and would like to encourage you to come visit Naples and Marco Island which I tend to believe is pretty close to paradise!
Cynthia Ann Corogin
Amerivest Realty South LLC
YOU HAVE A LOT OF ANSWERS.
I HAVE LIVED IN BOTH.
IN A CONDO, YOU OFTEN HEAR YOUR NEIGHBORS AS YOU ARE ONLY A WALL APART
YOU MAY HEAR THEIR TOILET FLUSHING, CABINETS OPENING, MUSIC, DOGS ETC.
YOU HAVE CONDO COMMANDOS WATCHING YOU
TELLING YOU YOU CANT HAVE A FLAG OR A WATER HOSE REEL
OR TO REMOVE YOUR ICICLE LIGHTS FROM YOUR PATIO
OR TO LOWER YOUR TV / STEREO
YOU MAY STEP IN DOG POOP WHERE A NEIGHBOR DID NOT PICK UP
AND LEAVE POOP TRACKS ACROSS YOUR CARPET BEFORE YOU REALIZE IT.
BUT OVERALL ITS USUALLY CHEAPER THAN HOUSE OWNERSHIP
AND YOU MEET MORE PEOPLE.
I grew up in Plattsburgh, so I'm very familiar with your winters in Syracuse. I've been here for 20 years after living in Seattle, Alaska, and then Lake Placid for a few more long winters. In case you have never been to Naples before, I can tell you there is no other place like it. Stepping off the plane from Syracuse you'll feel like you arrived in Heaven.
Pro's--- little upkeep, easy to manage, carefree,
Con's--- sometimes cramped, putting up with HOA rules, nosy neighbors, less freedom, less storage
Pro's-- private pool? No condo fees? More wide open space, tools, storage, toys, yard, plants
Con's--More wide open space, tools, storage, toys, yard, plants
It all depends on how you want to enjoy yourself here, Ed. But there is so much to enjoy. If you're not already working with someone, give me a call and I'll give you more details.
John R. Fee
Keller Williams Elite Realty
24851 S. Tamiami Tr. Suite 1
Bonita Springs, FL 34134
Fax : 239.949.8339
You can do a lot of this research on your own, especially if you are just looking at the present time. I have a FREE listing book Account which will allow you to do your research and if you need help you can email me.
The website is claudettelooker.listingbook.com
Let me know if I can be of further assistance.
Good luck in your search!!
John R. Wood Realtors
What price range are you looking in? You also gotta be realistic about what you can buy for the amount of money you're looking to invest.
It's definitely THE best time to buy, so you're on the right track. You just need to build a relationship with a realtor, like myself, who'll advise along the way. If you'd like to discuss this in more detail, feel free to call me at 239-206-4500 or email at firstname.lastname@example.org
Faith Home Loans
Get Pre-Approved: http://www.faithhomeloans.com/express.html
It sounds to me as if you need to do some more research and consideration as to what you are looking for, how much you want to spend and where, in Florida, you are interested. At this point, unless you have some 'specific' questions of specific properties and/or locations, it sounds like you are NOT in a position where a Realtor can be of value to you. When you get more specific, feel free to telephone me direct at the number below. I'm always happy to discuss your situation with you.
Dennis Leffert, J.D.
Glad to hear you are looking for something in Florida, there are many places for you to choose from and some questions you need to ask yourself during your search.
Is this an investment property, a home for your future or something you want to have as a rental? If you do use it as a rental will you have a property management company maintain it or are you able to do the upkeep?
As a Realtor in Florida and Michigan I can say from experience because I have had both, if you don't plan to live there full time and take care of the upkeep on the property maybe a Condo or Townhouse is the way to go. Think about things like, is the lawn getting cut, the landscape getting trimmed, exterior painting, the pool getting cleaned and running (especially in the winter) and who will you have take care of it. These things can be taken care of by most condo associations. Also as stated below, location, location. I'm sure when you decide the area you want to be in and start your search for something you'll be able to come up with the right answer for you. Remember you can also find a detached condo that is like having a home with a yard and is still maintained by the association and just might be in a golf community but then again you might prefer the beach.
Good luck and have fun! :)
Pam Bava, Realtor
We're originally from Canajoharie and I worker in New Hartford for many years until we finally made the move to escape the brutal NY winters. The only regret we have is not having made the move sooner!
Your question is one that all home buyers should be considering at this time. There are a number of issues associated with condos that may include:
1. HOA fees that can be excessive and typically cost in the range of $200 to $500 or more monthly
2. living by someone elses rules
3. being in a very close proximity to your neighbors
4. large assessments for major projects usually associated with older complexes
5. Stability of the community should be a concern.
We tell all of you buyers that they should have an awareness of a homes resale value. This is tied closely to the general location you select, the price you pay, and the desirability of the property.
We welcome the opportunity to speak with you on a personal basis about these and other topics that may be of interest to you. Rest assured you are asking the right questions!
Michael Saunders & Company
I would go single family home all the way. You open up the amount of buyers for resale. Single family homes tend to always have a strong resale if in a good location and this means everything. Let me know what your price point is and I would be more than happy to get you over a compartaive list of homes and condos and answer any of your questions.