Have You Buy A House Or Apartment?

It seems to be a very common question when it comes to buying real estate, particularly for first and second-time buyers – will it be better decision to purchase a house or an apartment?

As a starting point, the factors that go into making this decision are mostly personal preferences. These include whether the property is an investment or to be your residence, the location that you’d like to live in, how many people will be living in the property, what types of maintenance you are prepared to carry out personally, and so on and so forth.

Investment vs. Primary Residence

Many investors find apartments to be easier purchases for a number of reasons. Apartments do not necessarily require the larger amount of external maintenance (e.g. gardens, pools) and attention that an individual house will need, and the building’s strata manager/committee will usually take care of most building and remedial work that is required. However, having this advantage comes at the cost of strata levies to the investor, which may have an adverse effect on the rental income that the property delivers.

Investors should also consider the length of time they plan to hold on to a property for and the capital gains desired from the investment. Using historical pricing as a guide, we have seen that both houses and apartments experience value gains; over a short to medium-term period, houses and apartments appear to show similar price gains, however over the longer term houses may see larger growth in value.

For investors, rental potential and income are other factors that require consideration. Many real estate agents believe houses to hold appeal for a larger market of renters, including families with children and pets, who may steer clear of apartment living. Houses also often allow a higher rent to be charged.

Having said this, however, price is obviously a factor that will be of pertinence to many buyers, whether purchasing as an investment or home. While some apartments can be more expensive than houses (e.g. penthouses with water views in costly suburbs), in general terms, houses are usually the more expensive purchase, especially if you are comparing properties in the same area. Apartments therefore may be a more friendly purchase option, especially for first-time buyers.

Location & Space

High density housing is commonly found in city areas and suburbs that are only a short distance from the CBD. Thus, if you desire an inner-city lifestyle, an apartment may be the best property option. However, if you wish to live further away from the city and have enough room to accommodate several people including children and pets, you may find the extra space (both internally and externally) that a house usually provides may be more appropriate for your situation.

In the end, the choice between an apartment and a house very much comes down to your personal circumstances. By thinking about your needs and thoroughly researching the property market at the time you wish to buy, you should be able to reach a decision that is suitable for your situation.

Apartment Pets – The Best Pets for Apartment Living

Living in an apartment can sometimes make it difficult to own the pet of your dreams, but with proper nutrition, care and exercise, there are many wonderful animal companion options to be had. Dogs and cats can make great additions to your apartment family, but animals like reptiles, birds, fish and some small rodents can also fit right into your lifestyle and into your heart.

Traditionally, most people like to have either cats or dogs living in their apartment homes with them. When it comes to cats, most do quite well in apartment settings, as they don’t require a lot of training or space. They don’t need to be walked or let outside and often don’t require as much attention as some other pets. In addition to their low maintenance style, cats are also a good option if you’d like two pets because cats often enjoy being in the company of other cats and don’t take up much space.

Dogs, on the other hand, offer a great variety of breed options that are best suited to the owner’s personality. While many dog breeds prefer to be in a place with a large yard for frequent exercise, there are many dogs that acclimate quite well to apartment living. Most smaller breeds are recommended for people in apartments or without yards, but breeds like basset hounds, boxers, bulldogs, greyhounds and schnauzers are known to adjust to smaller spaces with regular exercise and care. These breeds are simply suggestions, as they tend to be less active dogs, but if you’re willing to spend the time to get your dog proper exercise and train it well, any dog can be a great addition to your apartment.

If you are looking for a slightly more non-traditional pet, there are tons of options to pursue depending on what animal you find interesting and compatible to your lifestyle. If a reptile or amphibian interests you, consider getting a small to medium sized frog, gecko, bearded dragon, ball python, king snake or turtle. These are good reptiles and amphibians to start with if you’ve never had one under your care.

Birds and small rodents can be other great pet options for apartment dwellers because they don’t require outdoor exercise and take up minimal space in your apartment. For birds, because you are living in an apartment with neighbors near by, it is important to think about birds that don’t make a lot of noise. This means large parrots and macaws are probably out of the question. Birds that offer company and cuteness without a lot of noise are finches, canaries, African grays, brown heads, pionus, meyers and senegals. Small rodents usually require a bit more time to take care of than birds or reptiles, but much less than cats and dogs. Some to consider are hamsters and gerbils, rabbits, guinea pigs, mice, rats, ferrets, chinchillas and hedgehogs.

If cats, dogs, reptiles, birds and small rodents don’t seem right for you, don’t forget about the possibility of adding a fish to your family. Owning a fish requires the least amount of maintenance and has seemingly infinite breed options. Tropical fish are beautiful and quite popular, but they require a saltwater tank. If you haven’t had any experience with a freshwater tank, it would be a good idea to start simple with a freshwater fish, as they tend to be lower maintenance.

Pets can be a wonderful addition to your family and to your home. You have many choices about what type of pet you want to share your life with, even if you are living in a smaller space. Apartment living does not have to prevent you from owning the pet of your dreams.

Victory Park’s Cirque Apartments Set the Bar For Upscale Apartment Living

Victory Park apartments are anything but ordinary. If you are looking for excellent living in Dallas, but you don’t want the commitment involved with purchasing a home, then you may want to consider high-rise apartment living in Victory Park.

The stunning, 75-acre neighborhood of Victory Park is hip, chic and dynamic, and it is filled with enough shopping, dining, entertainment and nightlife to satisfy even the most socially forward individual. The green spaces of Victory Park, including the famed Katy Trail, provide a peaceful oasis, while the outstanding location allows professionals to get in and around the city in no time.

Victory Park is located near many progressive district of Dallas, including Uptown, the Design District, the Central Business District and, of course, downtown Dallas. The DART commuter rail station and the Trinity Railway Express connect Victory Park to both Dallas and Fort Worth, making it a popular choice for city professionals.

With all that Victory Park has to offer, it certainly comes as no surprise that this dynamic area of Dallas also offers some of the most luxurious residences. High-rise living here is highly sought after, and Victory Park apartments are often just as upscale as the condominiums found here. Cirque, for example, offers truly luxurious apartment living for only the most discriminating residents.

Striking Facade and Beautifully Designed Interiors

The beautiful, aesthetically pleasing building with a unique, glass façade that highlights the surrounding views is just the beginning of what Cirque has to offer its residents. An excellent, urban location in one of the most highly desired areas of Dallas is the first thing that attracts renters to Cirque, but it’s surely the beautiful residences and the upscale amenities and services that keep them here.

Upscale Amenities and Services

High design is everywhere you look at the Cirque; beautifully designed and appointed common areas speak of the luxury that awaits at Cirque. Amenities are outstanding and varied, as they include concierge service, a state-of-the-art fitness center, a clubhouse, a business center, a door attendant, and on-site management.

The 25,000-square-foot urban rooftop garden boasts a swimming pool, an aerobics area, a sundeck, a fire pit and a generous number of seating areas and relaxing water features. Cirque also offers short-term leases, which suits many traveling business professionals, or those who simply don’t like a long-term commitment.

Apartment Features

Each apartment home of Cirque includes air conditioning, a balcony, ceiling fans, a dishwasher and microwave, spacious closets, a washer and dryer and, of course, fabulous views of the Dallas skyline. Homes of Cirque also include the finest amenities, including spa-inspired bathrooms, gourmet kitchens with granite countertops, stainless steel appliances, hardwood and natural stone flooring, and private parking with controlled entry access.

The striking design of Cirque is accented by the multi-colored façade that is back lit at night, complimenting the other architecture of Victory Park. Cirque stands 310 feet tall and features 28 stories and 265 apartment units that are each approximately 1,150 square feet in size.

Freedom of Apartment Living

You have probably heard about the booming housing market the past few years. Now more than ever it is easier to own a home. This is great, however it isn’t for everybody. The average single professional is not ready to sign up for 30 years of mortgage payments.

The benefits of apartment living out weigh the benefits of owning a house for either the young married couple or the single professional. One of the greatest benefits is the freedom to relocate. The freedom to locate means greater career opportunities or promotions that may be offered in another city or state.

Owning a home is synonymous to settling down. Many young adults out of college are honing their skills learned in college for their career and the last thing on their minds are settling down. Renting or leasing an apartment allows for growth. It allows the young professional to save money for the future and start their credit history.

Apartment living offers new opportunities not only in career but lifestyle as well. One great advantage is the concentration of people. Many of the apartment complexes today offer amenities that would not be possible when owning a home. Apartment complexes offer security with gated access, relaxation with pools, convenience with laundry, no hassle utilities like cable and internet access, and a built in neighborhood that any suburb would be envious of.

Depending on where you are in life’s pursuits, the advantages of apartment living provides great opportunities and growth. Rent an apartment today and enjoy the stress free lifestyle that enables you to take the time to decide, the freedom to locate, and the benefit of well being.

Apartment Living: Benefits of Choosing Small and Medium-Sized Spaces

The benefits of small and medium-sized apartments derive from the renter’s ability to reduce the amount of attention and other resources donated to their living space.

Benefits of Modest Apartment Living:

1. Cost Reduction

For these apartments, rent can be noticeably cheaper. Those venturing into their first time apartment lease may find the smaller space an easier transition than entering into an expensive living space.

2. Less to Maintain

Because items and spaces must be cleaned (and, at times, updated with new parts) having fewer of these objects in your life can save time: freeing you to explore other aspects of your life with this energy.

3. Less Difficult to Maneuver Furniture

More modest spaces force us to reduce the amount of household items (to allow open space in the apartment). Also, smaller-sized items items may, by default, be lighter and easier to move during cleaning and decorating.

4. Style Benefits

With less space, you’re encouraged to become more discerning when designing; you may have to choose between items more often than you otherwise would. This high level of selectivity can help you create a space that is more attuned with your values, your passions and what you love.

5. Encourages Tenants to Leave The Space More Often

Being cooped up in a space too long is associated with low levels of sunshine. These could contribute to lower levels of vitamin d and harm the immune system. Those with smaller apartments have greater incentive to venture out and explore. And outdoor activities also give a boost to the mind, body and psyche.

6. Less Dust Accumulation

With small and medium-sized apartment living, dust accumulation is less likely to occur (fewer items to maintain).

This could have hidden benefits for allergies. This size reduction may make it easier to change household air filters: this benefit could also help those who have allergies to dust and apartment inhabitants in general; all of our immune systems respond more positively in cleaner environments.

7. Fewer Demands On Your Time

The constraints on time that large spaces produce can be daunting. Many people spend a substantial part of their lives cleaning rather than living. Some try to balance both life and home maintenance, but still find themselves suffering from clutter and grime related energy drains.

With a smaller space, many of these issues can be avoided.


1. Feeling Cramped

If you don’t master the above techniques to preserving open space (or, if you choose a space that is much too small for you), this could come at a cost to your comfort and mobility in your home.

2. Clutter Risks

Clutter can form quite easily without a repeatable system in place for prevention.

While it may be difficult to ascertain the “just right” apartment size for your personality and needs, the above benefits may induce you to further consider that “right fit (as opposed to just seeking the biggest option that you can afford).”

The best option may be an apartment which allows a considerable amount of free and open space without surplus: an apartment which gives much more to your lifestyle than it takes away.

Senior Apartment Living: How to Avoid Safety Fiascos

In Stockton the headline reads ‘Bed Bugs Infest Senior Apartment’. In Las Vegas it is ‘Residents Suffer Smoke Inhalation in Senior Apartment Complex Fire’. One week later, the scary situation repeated itself. This time it was determined that careless smoking may have sparked another similar fire elsewhere in the city, which resulted in the fatality of a senior apartment living resident. In Texas the headline went ‘Three-Alarm Fire Prompts Evacuation at Fort Worth Senior Living Apartment Complex’. And all of these headline makers occurred over a mere two-week time period.

Of course, not all of these events were preventable, but they clearly illustrate how important it is for the elderly and their loved ones to do their due diligence when deciding on a senior apartment living situation. Part of the problem is that in almost all of the aforementioned cases, the complexes were low-income ones. And when it comes right down to it, most seniors these days are living on limited budgets.

A lack of funds, however, doesn’t mean they have to put their lives at stake by living in senior housing with lax safety protocols. Seniors who think they can’t afford apartment living suites that feature all the amenities of home should be aware that many such housing options are federally subsidized under the Housing and Urban Development Section 202 code. That means that seniors aged 62 years and older will not have to bear the full brunt of the cost.

Instead of fearing for their safety, the elderly can enjoy such perks as large, comfortable living spaces, full bathrooms with amenities like grab bars, comfort height toilets and slip resistant flooring to ensure they don’t get hurt, and pet friendly communities. A climate-controlled thermostat, Internet, phone, cable, beauty and barber services, group outings and a full suite of kitchen appliances are also often part of the senior apartment living package.

This type of senior apartment living sounds a whole lot more palatable than one in which going to sleep at night is fraught with worry over bug bites and blazes, doesn’t it? But in that respect, perhaps the most important consideration for senior apartment living shoppers is the presence of 24-hour security.

It is an unfortunate fact of today’s world that the vulnerable will be taken advantage of. Illness, accident and acts of god aside, seniors also need to be concerned about break-ins, theft and robberies. A round-the-clock security team is their best course of action when it comes to keeping the charlatans and thieves at bay.

If you and your loved ones have come to the conclusion that it is time for assisted or senior apartment living, you owe it to yourself to put your personal protection at the forefront of that decision. The right senior living center will make your health and safety a top priority while helping you maintain your independence. A facility that offers a safe, secure and comfortable environment every single day should weigh in as one of your leading deciding factors. Nothing else is more important.

Apartment Security – Hot Tips For Safe Apartment Living

There are many steps that can be taken to improve your apartment security to reduce risk of crime theft or burglary. Follow these great hot tips for safe apartment living.

Do not put your salutation or your first name on your mailbox or intercom panel, only use your last name. Make a request from the landlord that windows are installed on doors leading to parking lots, stairwells and other areas such as this. Be careful not to store valuable items in storage lockers. For apartments with underground parking, when entering and leaving the parking area, be sure that gate doors always close behind you. You should report faulty elevators, doors, lights and locks to the resident apartment block manager.

When you hear a knock at the door and if you don’t feel comfortable opening the door simply don’t open it. Be aware who has keys to the apartment and keep a limit on the number of key copies. It is wise to use deadbolts for your locks.

If someone knocks on your door you should always verify who is there. This can be done either verbally or by installing a peep hole. Remember if you don’t feel comfortable about opening the door to anyone then don’t.

It is wise to be suspicious of strangers at your door such as sales people or even a repair company that may call at your door as these could be a potential burglar checking for someone to be at home. When someone calls ask them for identification and if necessary call their company to confirm their identity and that they are genuine.

It is good to get friendly with your neighbor as good neighbors will look out for each other. Have an agreement that you will both report any suspicious activities or people to the police. Why not get involved with your local neighborhood watch? If there is not a neighborhood watch in your area then consider setting one up. Actively encourage your neighbors to be involved with a neighborhood watch scheme. Carry out a home security check with your neighbors and off the back on each others apartments and suggest ways to improve each other’s home security. It is a good idea to check with your local police if they have a security check program is available.

Safe Apartment Living – Safety Is a Priority

Some rental communities have great luxury apartments. These are communities which offer their residents a very well-maintained neighborhood in which not everyone has access. This is a great way to offer the staff a hand in order to maintain a great landscape for the garden, especially since outside people and cars do not pass there every single day. Not to mention that it helps the people living in this type of luxury apartments, since it creates a fantastically safe and trustworthy environment where people can feel at home.

Safe Community

Among the responsibilities of a community of this type is the safety of the people living here. This can be seen in the gated rental complexes, which do not allow random people to enter in this area. Only guests and residents are allowed. This way the environment is safer and everyone can walk on the streets without worrying about anything. This is also a thing which will guarantee that the area is quiet at night, and no noise will be there to ruin your sleep. All residents will be able to enjoy the outdoors, knowing that there is nothing that can disturb their peace.

Vehicle Safety

Lots of communities of this type include a garage for the cars of the residents. This way multiple cars can be stored in a safe place, a place that only the owners can use. Garages are great because they protect the cars from the horrible weather, flooding or branches. Not to mention that you will know for sure that no other car will scratch or damage your own car in any way. And in the case of the residents who want to unload the car without getting wet during a faulty weather, the garage is a perfect option.

Apartment Security

Some people choose to live in a luxury apartment because they know that each apartment benefits from a certain type of security system. The restricted areas prevent strangers from walking around in these places or vandalizing things and properties. All residents will benefit of silent days and weekends and they can forget all about the door-to-door sales people. Lots of communities actually work hard in order to identify non-residents. This way everyone will feel safer (guests, staff, renters, etc.)

Personal security

Aside from the security provided by communities of this type, there are also things that you can do in order to increase your own security. You can try the following tips:

Insurance – make sure you have an inventory of all the valuable things that you have and, in addition to this, a video inventory of the entire apartment. Mark the time and date and deposit them in a safety box.
Locks – another good idea would be to change your locks. You have to make sure that the locks are changed in time. Normally, you are not allowed to give a key to anyone, but this can’t guarantee you that no one else has the key to your apartment.
Higher than first floor. When picking an apartment, make sure you get an apartment that is above the 1st floor. Apparently, this type of apartments is less likely to be attacked.
Smoke detector. Remember to check the battery on the smoke detector regularly. You should also have a detector with carbon monoxide close.

Apartment Living – Design Tips for Studio Floor Plans

It can be quite thrilling getting into your first studio apartment. It is all totally new and you also wish to put your individual stamp on the place. To do this, designing ideas for any modest studio rental have to be organized as well as succinct. If you would like your home to look great, there are specific things you have to do and there are certainly some that you need to stay clear of.

You have to minimize the clutter. The most critical factor in terms of a studio apartment is the fact that it’s already a really tiny space. Don’t cause it to appear and feel even tinier by stuffing it with lots of unneeded things. It is advisable to unclutter and get rid of a few of your current possessions before you decide to move in. It will always be hard to discard items that have personal significance for you however, you need to assess all of your things and think for a while about whether or not you actually need them. Unclutter right from the start to help you ensure an organized look and feel in your new apartment rental.

Create different living spaces. If your new apartment is made up of a single large space that has to function as your living space, sleeping quarters as well as kitchen area, it’s a good idea to make specific zones. This can be achieved successfully by utilizing lighting effects. Position several spot lights over your cooking area and put a few foot lamps close to your seating space. An ornamental area rug likewise helps to break up the space.

Buy furniture that can serve multiple purposes. Try and restrict the quantity of furnishings that you put in the room. A lot more furniture merely makes a space feel congested. Look at products which could double up and be useful for a couple of different things. For instance, rather than hoping to get a desk plus a dining table in the room, simply buy a compact collapsible table. You can utilize this to work on as well as open it out whenever you’ve got dinner guests. You can forget about having a standalone bed and couch. Get yourself a combination futon sofa bed which will perform not one but two jobs and help you save living space.

These are merely a couple of designing suggestions for any modest studio apartment. Always start with a clear plan in mind of the look you wish to achieve with any living environment. If you approach it deliberately, then when you finally get rolling, you’re certain to wind up in a lovely living space that will rival any other apartments you may find in your area.

Downsizing for Apartment Living

Whether you are moving from home to a student apartment for college or moving out of your three bedroom home because all the kids are grown and gone, the process of downsizing can be daunting. Sorting through all that stuff that we all seem to accumulate requires difficult decision-making.

Feng Shui, the ancient Chinese art of placement and energy flow, focuses on the art of maintaining your home, even if it’s a small apartment, as a clean and clutter-free zone. Feng Shui wisdom would have you ask the following questions during the process: Do I use it? Do I need it? Do I love it?

These guidelines sound amazingly simple and although it’s not always quite as simple as it sounds, it’s a great place to start. Go through your clothing, your file cabinets and even your stashes of favorite treasures with these questions in mind. Ever notice that you wear the same favorite clothes over and over? Some of the rest can be donated to charity. Are your file cabinets full of seven year old phone bills? Clear some space!

When it comes to the sentimental items, it can get more difficult. I hate this orange vase but Aunt Dottie gave it to me, etc. Unless Aunt Dottie comes to visit regularly, pack it up with a box of “maybes” and put it in storage. If you don’t miss it after six months to a year, off it goes to the local thrift store. If items need to be stored in your apartment, invest in brightly colored office boxes or covered baskets to keep your belongings close at hand but out of sight.

Keeping your apartment clean, and clutter-free can enhance your ability to study or entertain or just live more happily! Space can be one of the most valuable items you own.

Good Things About Apartment Living

Are you thinking of buying a house? There are good things about home ownership. However, there is much to be said for apartment living. Here are some advantages to consider.

Are you going to be at the same job, a few years from now? Maybe you will need to relocate in the future. Do you want to live in your current city for five years or more? If not, renting may be the best option for you. There is only a few things to concern yourself with when you move. You will need to pack and move out. That is not the case with home ownership. You will have to sell your house. This can take a lot of time. It can also cost a lot of money. You may need to fix things, in order to sell your house. Your house will have to be listed for sale. Then you must wait for it to sell. It may take many months, or not sell at all.

You can rent your house and move. However, there are pitfalls there, also. You will still be responsible for upkeep on the house. Renters may do damage to the property. You may live in another city. This can mean a lot of stress and expense. It is much easier to move from an apartment than from a house.

In many cities, it may be considerably cheaper to rent an apartment, than to make house payments. When real estate values rise, so do house payments. In areas with high property values, this may be a cost effective way to live. You will not have closing costs or down payments to come up with either.

Inside upkeep: What will you do if your hot water heater breaks? Moreover, it may late at night. Your basement may be filling with water. You have to fix the hot water heater. You also have to take care of the flooding. Can you do the job yourself? Maybe you have to find a professional. It can be a stressful situation.

House exterior upkeep: Your roof may start leaking. A bad storm has damaged the roof. This can mean a stressful time ahead for you, as a homeowner. Someone has to call the insurance company. It will take time for an adjuster to come to your house. It will take longer to get it fixed. You will pay a deductible. If you rented, you would not face this.

Outdoor work: Did someone just run over your mailbox and leave? Maybe the lawn needs mowing. You want to watch your favorite television show and relax. It will have to wait. There are things to tend to. If you rented, you may be sitting in your chair right now.

Amenities: When you live an apartment, you may have free pool privileges. You might also have resources like a clubhouse.


Apartment living offers many benefits over home ownership. There is no lawn to mow. When something breaks, it is not your fault. You may feel less stress. You may have more time to enjoy life. It may be easier on your budget.