In Mammoth, the most differentiating factor between the two is nightly rental allowance; for the most part, condo-projects are located in areas zoned FOR nightly rental allowance, while homes are not. (To be clear, most single family homes are NOT able to be rented out on a nightly basis.) Some other things to think about when deciding between the two, is yearly maintenance. The elevation and mountain-weather takes a toll on properties here. Roofing, siding, windows, leaks, ice-dams, snow removal, etc. These are all things that need addressing on a yearly basis. So, while some clients can’t fathom paying such high condo-HOA fees every month, this sort of upkeep is all covered by the HOA, so there won’t be much out-of-pocket maintenance-costs. In regards to single family home maintenance, you’ll have to find contractors and arrange for this upkeep yourself, and/or have a property manager that helps in this regard. Many condo-complexes have amenities such as a pool, hot-tub, sauna, tennis courts, etc., that are especially nice for young kids and visiting families. Single family homes tend be quieter, you’ll have more anonymity, and you won’t be sharing a wall with anyone. You won’t have to deal with the influx of nightly-renters, and/or other owners visiting on weekends and during busy holidays, and you won’t ever have to fight for a parking spot. SO, they both have their perks the deciding factor for most buyers usually comes down to personal preference and the importance of nightly rental allowance.
Condo vs. a Home. Which Should I Buy?
By Live Mammoth|2020-09-16T15:09:34+00:00August 27th, 2020|Categories: Buyers|0 Comments
About the Author
I believe that communication, integrity, transparency, and hard work are the cornerstones of solid client-agent relationships. Along with these attributes, and some strong negotiation skills, anything can be accomplished in this business. And YOU, as the buyer or seller, should not settle for anything less.
I love where I live, and I love my job; working in real estate means that I get to share my love of the Sierra with others. Work with an agent that understands what it is to “Live Mammoth,” and live BIG!
Leave A Comment
You must be logged in to post a comment.