If you’re planning your next real estate move in Southern California, one of the first decisions you’ll face is whether to buy a condo or a single-family home. Both offer unique benefits and potential drawbacks, depending on your budget, lifestyle, and long-term goals.
At Berkshire Hathaway HomeServices, we work with buyers across all property types and price points. Here’s a breakdown of what to consider when deciding between a condo and a single-family home—and how to determine which is right for you.
Understanding the Basics
A condominium (condo) is a privately owned unit within a larger building or community, where residents share common spaces such as hallways, pools, or fitness centers. Owners typically pay a monthly homeowners association (HOA) fee to cover maintenance and amenities.
A single-family home is a standalone property that usually includes a private yard or outdoor space. Owners are fully responsible for the maintenance of the home and land, but they also have full control over the property.
Consider Your Lifestyle
Your lifestyle should be a major factor in your decision.
A condo might be right for you if:
- You prefer a low-maintenance lifestyle
- You travel frequently or want a lock-and-leave home
- You value community amenities like a gym or pool
- You’re comfortable with shared walls and communal areas
A single-family home might be a better fit if:
- You want more space and privacy
- You enjoy gardening, home improvement, or outdoor living
- You have children or pets that need a yard
- You prefer not to deal with HOA rules or fees
Think about how you live day to day and what kind of space supports your routine and goals.
Evaluate Cost and Affordability
In many areas of Southern California, condos tend to have a lower upfront purchase price than single-family homes, making them attractive to first-time buyers and those on a tighter budget. However, monthly HOA fees can add up and should be factored into your long-term affordability.
Single-family homes may require a larger initial investment and more ongoing maintenance costs, but they also tend to appreciate in value more steadily over time due to land ownership and greater autonomy.
Maintenance and Responsibilities
One of the biggest advantages of condo living is reduced maintenance responsibilities. The HOA typically takes care of landscaping, roof repairs, exterior paint, and common area upkeep.
With a single-family home, you’re in charge of everything, from mowing the lawn to fixing a leaky roof. While this gives you more control, it also demands more time and potentially higher out-of-pocket costs.
If you prefer hands-off property management, a condo might be ideal. But if you enjoy home projects or want the freedom to make changes, a single-family home offers more flexibility.
Future Plans and Resale Value
Consider your long-term goals before making a decision. Are you planning to start a family? Do you want space to work from home? Are you thinking of this property as a short-term residence or a long-term investment?
Single-family homes often offer greater resale value and are generally more appealing to a broader range of buyers. Condos can be a smart entry point into the market or a good fit for downsizing later in life, but they may have a smaller pool of potential buyers.
Let Berkshire Hathaway HomeServices Help You Decide
Choosing between a condo and a single-family home is a big decision, and the right choice depends on your unique circumstances. At Berkshire Hathaway HomeServices, our experienced agents can help you explore your options, weigh the pros and cons, and find a property that matches your goals, lifestyle, and budget.
Ready to take the next step? Call (310) 373-0021 to connect with a local expert and start your search with confidence. Whether you’re leaning toward a low-maintenance condo or dreaming of a spacious home with a yard, we’re here to guide you every step of the way.