Ownership is one of the main benefits of Forest Hills condos. If you own a condo, you’ll be able to keep up with current housing trends by upgrading and renovating your space. Whether you plan to sell your condo soon or stay put for a while, the ability to make changes to your space is a huge benefit in condo living.

Are you looking for some inspiration? If your condo needs a pick-me-up, read on for some helpful hints:

Don’t underestimate the power of paint.

A fresh coat of color goes a long way! If you are planning to sell your condo, neutral colors always come out on top. If you’re settling in for the long haul, choose colors that make you happy!

Recognize your limitations.

Most Forest Hills condos are located within multi-family buildings. Even though you own your unit, you still share walls, plumbing and electrical systems with your neighbors. Before you get too excited, be sure to run your big plans by a professional to see if your ideas are feasible in a shared building.

Abide by the rules.

Remember that document of association bylaws that you received when you moved into your condo? It’s time to read the fine print. Some Forest Hills condos have restrictions on the types of renovations that residents can perform. Make sure that your ideas don’t violate your association’s regulations.

Focus on high-return upgrades.

A few key renovations can substantially increase your condo’s value. If you are planning to sell your condo, focus on kitchen cabinets, flooring, bathroom fixtures and wall paint. These straightforward fixes might add up to big returns!

Find a contractor who is willing to take on a condo challenge.

Not all contractors are willing to work in Forest Hills condos. Respect that, and move on to a professional that will work with you. There are plenty!

No matter what your future holds, a condo renovation might be a sound investment. Take these points into consideration, and get in touch with Forest Hills Realty to discuss your real estate needs!

Contact us today at (718) 997-6000 or email us here for more information.

 

The New York City skyline is outlined with residential buildings that have similar silhouettes. Real estate newbies might even refer to all of these living arrangements as apartments. Don’t make that mistake! Today we are going to tackle the differences between Forest Hills condos and apartments.

Financially Friendly or a Budget Buster?

Let’s begin by addressing the topic on everyone’s mind: cost. Is it cheaper to buy Forest Hills condos or rent apartments in this coveted community? In the short term, there might not be much difference. You’ll either pay a mortgage payment for a condo or a monthly rent payment for an apartment, and those payments are probably pretty comparable.

Buying a condo is similar to buying a house. You might need more up-front funds for a down payment and real estate fees. If you don’t have this available, renting might be the way to go until you can get some cash under your belt.

Monthly HOA fees are another consideration when exploring Forest Hills condos. You’ll probably pay a fee for maintenance, upkeep and amenities in addition to your monthly mortgage.

A Place of Your Own

Forest Hills condos allow you to own your own piece of New York City real estate. When you own a condo, you generally have the freedom to put your personal touch on your space and enjoy amenities that you might not have in an apartment or single-family home. Who doesn’t want that?

Some people have good reasons for shying away from condo ownership. If you don’t plan to be a permanent Forest Hills resident, don’t have enough money for a down payment or are simply testing out the community to see if it is a good fit, Forest Hills apartment rentals might be your answer.

Learn More About Forest Hills Condos

Now you know that those buildings that you see lining the streets of Forest Hills might not be what they seem. If you are deciding if you should take the ownership plunge into the pool of Forest Hills condos, contact Forest Hills Realty to discuss your options!

Contact us today at (718) 997-6000 or email us here.