Blog Details

12 Apr

What do you prefer, an apartment or a flat?

Prasun Sangroula

The world runs in variants kinds of choice. Each individual has their own ideologies, preference, choice and taste. It is not necessary that everyone should have similar liking.

In terms of choosing between an apartment and a flat same things applies. It is very difficult to choose one between an apartment and a flat. These both things have their own advantages and disadvantages. Well in this blog we will try to make you easy about deciding between an apartment and a flat by letting you know about its advantages.

 Advantages of living in an Apartment  

Financial:

One of the best benefits of living in an apartment is the financial aspect of renting.  Rent is generally lesser than a mortgage.  In addition to an overall lower monthly payment, other financial components such as upkeep and utilities are generally lower because of the smaller space and the overall responsibility of a landlord/owner versus a tenant.

Maintenance:

As discussed in the financial benefits, maintenance expenses are generally lower due to responsibility generally falling on landlord/owner.  Not only is the lack of maintenance worries a financial blessing, but it’s also a check off the “Things to Do” list.  When it snows, no need to shovel, when the lawn looks a little rugged, it’s not your concern – Ovation will take care of that.  The peace of mind associated with the mental freedom of renting is priceless.

Safety:

Although homeowners often invest in some form of home security system or another, apartment complexes also invest in the overall safety of its residents.  The close proximity of neighbors (in contrast to being the only one in a house at any given moment) and typical apartment complex safety measures prove that multi-unit dwellings are the safest locations for single women, children, families and the elderly.

Amenities:

Many people would love to have a home with a swimming pool, gym, and tennis court, but the reality is most wouldn’t be able to afford it. The great thing about an apartment complex, especially a big one, is that they often come with all these things.

 

 

 

Size:

Apartment proportions are, simply put, convenient.  A newly graduated college student is generally looking for a place to call home; a living room, bedroom, bathroom and maybe a kitchen for show.  This space does not have to be large and lavish, it just needs to feel safe and quaint (even for the guys).  This same basic need is apparent in most people, college kids, single women, bachelors and even friends who chose to live as roommates.

Community:

Other great benefits of apartment living are the social implications of the close proximity and connections one develops during their residency.  Although a sense of community exists in both rural and suburban areas, the close proximity of apartment life enhances the probability of creating life long connections

Advantages of living in a flat

 Neighbors:

I would be the first to agree that neighbors don’t all come in cheerful and happy packages. But for the most part, they are friendly and helpful in many ways. With homes situated next to each other, very often with main doors neighbors can often look out for each other. This can be very useful when you are traveling or if there is no one home for an extended amount of time.

 Lower expenses than living in a landed house:

There are various advantages of flats over apartment.

One of which is common sense personal finance.

For example:

If you have never been a yard person, you no longer have to pay the freelancers to mow the lawn. You don’t even have to spend hundreds of dollars to buy your own mower. That is without mentioning the hours you might have to spend fixing it when it break down and the annoying storage space it takes up.

You also no longer have to hire the roofers to inspect, fix or replace a leaking roof. That is a household budget problem reserved exclusively for house owners.

 

 

 

 

 

Availability of smaller spaces:

If you live alone or only with your partner, there is really no need to live in a 2,000 square feet house with all the maintenance work to take on.

You could very well find that home sizes of of between 300 to 500 square feet are more than enough to live comfortably without feeling claustrophobic every time you wake up from bed.

And you are within walking distance to the subway station that takes you to work too.

You are not going to find these sizes for a house. There is a trend of the tiny house going about in recent years. But you won’t be able to find that in the city.

Space can be a luxury. But it can be an unwanted responsibility too.