Choosing between living in an apartment and owning a house is what many folks consider these days. Both have their advantages and disadvantages, but it will all boil down to preference and financial capability. Despite the prestige and fulfillment derived from owning your own home, apartment living has become popular in these modern times that many already consider this over owning a house. Let’s take a closer look at the benefits and drawbacks of choosing one over the other.
There’s nothing like owning your own home and investing in a property that could possibly increase in value in the future. Bigger families usually prefer houses rather than apartments because a bigger space and more rooms for multiple dwellers would be suitable. However, the cost of owning a house is quite expensive, notwithstanding other maintenance costs along the way. The challenge of running a bigger household is also one drawback, especially to busy career moms and dads. It is basically more challenging and time-consuming to clean a house than an average apartment. Houses will also be charged higher utility costs. If budget is not an issue, raising kids will always be ideal in nice homes in the suburbs.
The popularity of apartment living continues to increase every year. Many interior design websites like Freshome even feature the most beautiful and fascinating apartment designs in many parts of the world. Modern spaces are minimal yet functional, offering an option to many people these days. New-generation designs incorporate not only living spaces for individual dwellers but apartment homes for families with two or more kids. The more you browse through apartment designs, the more you can consider yourself actually living in such a space for the long term.
Compared to houses, apartments are more affordable and easier to manage in the financial and physical aspect. For single dwellers and extroverts, apartments are also socially inviting because they can live in close proximity with others living in the same building. Although interaction with others is optional, many feel less alone with the idea of living in an apartment in the city. However, loud music or noise from other tenants is a common occurrence. If you value your privacy and prefer not to be bothered by others, a house may be more appropriate and appealing to you.
Surprisingly, many studies show that even in areas where earthquakes and calamities are common, apartment living is still a popular choice. This is also due to the cheaper price of flats and apartments. For practical individuals, this is an economical and hassle-free option. Others who travel often also prefer flats over houses.