Landed vs High-Rise Living
Landed vs. High-rise, but can’t decide — but let’s be honest, budget plays the biggest role in making that decision. But what if the budget is not the constraint. Let's put the budget aside and look at what landed and high rise living can bring to the table for a home owner.
Different stages of life demand different requirements. If you are a first time home buyer, a family man, an investor or a retiree. The stage where you are at might help to determine which works best for you.
What are you used to? Ask yourself what are your lifestyle priorities. Are you a person that seeks privacy, freedom or someone that prefers community living, a person that loves to socialize and get to know your neighbours.
If you already have a growing family with children, moving into a bigger landed home is often about upgrading for more space and comfort. On the other hand, if you’re single or just starting out and planning for a family in the future, a high-rise can be a smart first-home choice — offering security, convenience, and manageable upkeep until you’re ready for the next stage.
Space or security — which matters more to you? If you have (or plan to have) a pet, or dream of tending your own little garden patch, a landed home might be the perfect fit. On the other hand, if you prioritize security features like CCTV, guards, and access cards — or enjoy facilities such as a pool, gym, and playground for weekend relaxation — high-rise living could be the better choice.
Ultimately, it comes down to deciding what fits your lifestyle best. A gated and guarded landed property offers some of these benefits, while a high-rise provides others — but rarely will you find all in one.
Long term investment, what are your long term plans? If you wish to expand your family, consider space, children’s needs are some of the considerations before anything. If you are looking to purchase for stay and also investment purposes, you might want to consider its value to be locked in in the long term. For high rise, its value appreciation may slow over time as newer condos enter the market; maintenance fees are ongoing whereas for landed the value is more secure as land is scarce and is better for capital growth.
Still undecided and unsure where to start? You don’t have to make the decision alone. Our team is here to guide you through your options, assess your budget, and match you with the right property that suits your lifestyle and long-term goals.
Speak to PropNex today and take the first step toward finding the home you want!
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