Condos vs Apartments
To identify the difference between a condo and apartment, it is important to consider several factors. Those factors include:
- Do you intend to rent or buy a condo vs renting an apartment?
- Individual layouts, amenities and maintenance policies.
- Homeowner association rules, where applicable.
It is essential that you compare condo and apartment differences before you begin to look for housing. In doing so, you will narrow own your search and get into an apartment or condo that you love faster.
While variations between condos and apartments can vary from one location to the next, it is worth taking the time to review the general rule when it comes to renting or buying. You can learn more about these key differences within the sections that have been provided below.
What is the difference between a condo and an apartment?
By highlighting the potential differences between a condo and an apartment, you will gain a better understanding of each type of property. This can help you make a more informed decision on whether or not to buy or rent.
Layout and Size
When it comes to condo and apartment differences, the layouts that you will see will likely depend on the type of condo you are viewing and the area that you live in. For obvious reasons, detached condominiums have layouts that are more similar to single-family homes. However, attached condominiums, which are more common, can have similar layouts to that of apartments or townhomes.
The style of a condominium can vary greatly depending on the condo. In fact, condo unit layouts can vary even between other attached condos.
As a general rule of thumb, condominiums are commonly more unique where apartments are often “cookie-cutter” layouts. Condos are generally considered to be more upscale, and thus may also include hardwood floors, more expensive counter tops and a greater amount of space.
If considering condos vs apartments, you will likely find similar amenities in both types of units. For example, both condo and apartments may feature pool, community areas, gyms and more. However, condos may include more upscale versions of these amenities. While both may have a pool, a condominium may include a larger (or even heated) pool.
If something breaks in your apartment, there is likely maintenance personnel that can perform repairs and general maintenance. Maintenance staff are typically hired on for apartment complexes and, in the event of an emergency, most apartments feature on-call maintenance amenities.
This is not always the case when it comes to condominiums. Condos are owned by individual owners. This means that either the owner would need to perform maintenance tasks or hire an individual to do so. Moreover, maintenance may not be “on staff”, which may result in the inability to obtain get help immediately in the event of an emergency.