Nestled away from nearby big cities, Big Sky is an undisturbed haven of luxury and tranquility. The lifestyle in Big Sky Montana is slow-paced but vibrant, full of variety, natural beauty, and modern amenities. And nowhere is this variety more evident than in the property types. Homes for sale in Big Sky come in a wide range of shapes and sizes, ranging from custom homes and single-family units to expansive ranch-style properties, vacant residential lands, and modern condos. If you are looking to purchase your first home, here are five reasons you should consider the latter.
Condos Are Cheaper than Houses
Many condos you explore with Big Sky MT real estate agents Big Sky Real Estate Co. will usually be priced lower than one-, two—, and three-bedroom houses. The median sale price of condos in Bozeman – located 45 Miles northeast of Big Sky – for instance, is $620,500 while the median price of a single-family home is $979,500. This affordability, which extends throughout Montana, makes condos an ideal option for first-time buyers still getting their feel of the market. The lower purchase price also means you can get a smaller mortgage and pay a lower down payment.
You Can Customize the Inside
Once you buy a condo, you have all the freedom to customize the inside to your liking. This is because you own, rather than rent, the living space. You can do light home improvements, paint the interior walls, change the decor, hang paintings, and more. This is more freedom than you would have in a rented apartment. And while you cannot do as much remodeling and designing as you would in a house, the small space means you can change the aesthetic of your home on a smaller budget.
You Don’t Need to Worry About Landscaping, Large Repairs, and Remodels
Even better, when you live in a condo, you need not worry about major repairs and remodels. Nearly all condos are managed by a homeowner’s association (HOA), for which condo owners pay a monthly HOA fee. In addition to governing and maintaining the building, the HOA is responsible for major repairs like leaking roofs and the maintenance and landscaping of the exterior of the property.
You Can Enjoy Community Amenities
Condo communities often share common areas and modern amenities. While your home is individually owned, living in a condominium will usually grant you access to features like swimming pools, fitness rooms, recreational activities, walking trails, clubhouses, and more. And like the exterior of your home, you do not need to incur the cost of maintaining these amenities to enjoy them.
There Are Many Investment Opportunities
As your needs change or your family grows, you may want to move to a bigger house. A condo is a great first home to buy because it offers many investment opportunities. Depending on your HOA rules, you can sell your unit, convert it into a rental property, or turn it into a vacation home.
Ready to Start Looking? Explore Condo Options in Big Sky with Ashley Quande
Investing in Big Sky real estate is a major decision that could have lifelong personal and financial repercussions. If you believe a condo is the best home for you, seek the expert guidance of a Big Sky real estate agent. Ashley Quande of Big Sky Real Estate Co. is a renowned expert with years of experience in the local market. Call her office today to discuss your home needs, budget, and timeline.