Urban living can be exciting, but it may also be necessary. If you work in a built-up area, you can either commute up to two hours away or live near the Las Vegas Strip to make it easier. If you do choose to live in the area, it may be better to consider condos, as apartments can be expensive to rent and houses are a rarity in the area.
What’s A Condo?
Primarily, a condominium is a hybrid between a house and an apartment. You buy the condo and own it, but do not own the common areas, such as hallways, amenities, and the like. Likewise, you still have apartment-style living, as the unit you live in is adjacent to others (unless you live in the penthouse).
Pros
One of the biggest advantages of condos near the Las Vegas Strip is that you will not have to mow or otherwise keep up with the landscaping. While this also means you’re not in control of what is planted or what is done, you don’t have to mow, weed, plant or water anything.
Many people don’t have the time or don’t want to use their yard, but still have to mow it if they live in a home. Likewise, you can focus more of your attention on furnishings for the home, arranging things to suit your needs, and relax and unwind on days when you don’t work.
Cons
While you do pay monthly fees to have maintenance covered, some buildings are underfunded and may have no money to pay for necessary improvements. Therefore, it’s best to ensure that your association is run well before you buy. Likewise, it may be important to find out how many members each month do not pay their dues to ensure that there is enough money and you won’t suffer.