Is Condominium Living Right for me?Living in a condominium or town home is very different than living in a single family home. This lifestyle appeals to many people and there are four distinct advantages to purchasing a condominium in Los Angeles.Cost - condominiums cost an average of 20% less than a single family home for comparable space. Value - condominiums are a solid investment. The value of condominiums rose by 25% for 2002 to 2003. Time - condominiums are maintained and managed by a board, so you have more time to relax and do the things you enjoy. Lifestyle - condominium developments offer greater amenities than available in a single home of comparable price. Following is more detail about condominium living: What is a condominium? |
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