Buyers Guide: Condos and Townhomes

2022 will see the Windsor real estate market have all sorts of different players. First time home buyers, real estate investors, families looking to upsize, and empty nesters looking to downgrade. For first time home buyers and people looking to downsize, one popular option might be condo or townhome. Those who have faced challenges in finding the right Windsor home for sale and have endlessly searched for houses for sale in Windsor, a condo or townhome may be a suggestion from their Windsor REALTOR® as an answer.

Buying (or selling for that matter) a condo, and in some cases a townhome, can be trickier than a basic real estate transaction. Yes, typically less money is being discussed versus the amount being spent for a single family home. However, condos and townhouses can be significantly more complicated transactions, as counterintuitive as that sounds.

Why can buying a condo or townhome be filled with so many more intricate details? Simply, it is about ownership. You have to consider that you are buying a property that is split between a number of different owners. While you have sole ownership over everything within the four walls of your unit or residence, don't forget that you share ownership of all the common areas and the land.

That is where those intricacies and details come into play.⁠ You will want to fully understand what you are buying. What is important is how you interpret and understand the information, as well as how it affects you and your family's long-term goals. Yes, it's complicated, but that doesn't mean it needs to be overwhelming or stressful. The key is having someone on your side to help you parse through it all. That is where having a Jumper comes in. Having the right person guiding you can make all the difference, and that is what we can provide you.

Here at Jump Realty our agents will give you honest advice on what course of action is best for you in their professional opinion and will always put taking care of your best interests first! With offices in Windsor, Tecumseh, Kingsville, and Chatham, no matter where you are, a Jump agent is ready to help. Please contact us for any housing needs and let us give you a better real estate experience!