Three Considerations When Choosing A Warehouse District Condo For Your Next Home

29 November 2017
 Categories: Real Estate, Blog

Transforming empty warehouses into beautiful condos is a popular trend in the current housing market. Unlike a traditional apartment complex, warehouse condos often feature high ceilings and open floor plans that offer a much more enjoyable living experience. If you are ready for your next home and excited by the potential offered by a warehouse district condo, the following tips will help you find the one that is best suited for you and your individual needs:

Look for possible issues if a pet is involved 

Because warehouse district condos are built using existing warehouse or factory buildings, not all of them can provide outdoor spaces for walking or exercising pets. Also, the high ceilings and open interiors of most warehouse condos can make it easier for sound to travel, which can be a problem for dog owners with excitable pets who bark frequently. 

Before signing a lease or purchase agreement for a warehouse district condo, pet parents will want to get complete information about existing pet policies and take time to tour the complex and grounds to make sure they will be a good fit for their pet.

Choose a location that adds convenience to your life

The best warehouse district condos to consider will be the ones that offer both a beautiful living experience and added convenience to your life. Most warehouse locations were originally chosen in areas where trucks and other vehicles could get to them easily by street, railway, or water, so it is important the prospective condo owners and tenants choose to pursue a condo unit in an area that will make it easy for them to access work, entertainment options, and basic needs, such as groceries and medical care. 

Get complete details about condo association fees and rules 

While most condos are managed well, with rules that benefit all occupants, it is important that prospective purchasers or tenants fully understand and agree with them before signing a purchase offer or lease agreement. Part of this process includes taking time to learn about condo insurance policy, as well as the fee structure for dues, and how those funds are used to benefit the occupants of the condo development

The best condo associations will have viable plans in place to cover immediate needs, such as routine maintenance, as well as long-term needs, such as roof replacement and exterior improvements. 

For more information about available condos in your area, prospective buyers and tenants should contact a reputable real estate professional who specializes in the type of condominium units you are hoping buy or lease.