When diving into the real estate market, it's essential to understand the different types of properties available. Condominiums, lofts, and apartments are three popular property styles with a lot of similarities, but not everyone knows the nuances that differentiate them. Each property type offers distinct characteristics, benefits, and drawbacks. Recognizing the differences can provide clarity and direction, enabling buyers, renters, and investors to make informed real estate decisions that align with their needs and financial goals.
What Is a Condo?
A condo, short for condominium, is a single unit within a larger community. These individual units can exist in various forms, such as high-rise buildings, multi-family homes, or even fully detached
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