If you like to live in a city and want the place you stay comes with an affordable price and low maintenance cost with various amenities then a loft is your ideal place. Even though it has some similarities with a condo but a loft is very different from a condo. Usually the building from where a loft is carved out wasn’t build with the purpose of living. Most of the lofts are built in the converted warehouses or old factory buildings in a city's urban centre and as a result they are very appealing for professionals that work downtown.
Typically lofts do not have interior walls but have more open space and higher ceilings than other homes which require minimal maintenance. Lofts are can be purchased as move-in-ready units from the loft developers or you can purchases them as empty "shells" in case you like to decorate and design the empty space by yourself. Like a condo, lofts are also governs by a homeowners association (HOA).
If you decide to move into a loft, then here are some tips that will help you to find the best loft for you:
1. Those families who like to be near parks and schools or the empty-nester looking to downsize, shopping centres etc, a loft is an ideal option. Most of the lofts provide various advantages such as secure environment and lot of amenities like pool, spas fitness facilities, tennis courts, roof deck with views and valet service etc, which allows you to communicate and socialize with neighbours that might need to sacrifice some of your freedom. Before choosing the loft make sure to check the building rules since these rules may curtail your personal hobbies and entertaining.
2. Finding a qualified real estate agent that has enough experience in market of loft is necessary especially if this is your first time to buy the loft as they can help in your search and also explain the process. You can also search then in online first for example if you are searching a loft in Vancouver city the by typing Vancouver lofts in the internet, you will be able to find the available option there.
3. One of the biggest differences between a single family home and loft home is the homeowners association, or HOA. The homeowners association handles most of the financial responsibility and also can change the governing rules of the property. So before you buy the loft make sure to know more about the homeowners association, or HOA by meeting the president or staying in some of their meeting.