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What's better, a house or an apartment?

Category Property Advice

Embarking on homeownership is an exciting and intriguing experience. However, a significant decision that often arises is the timeless question: whether to choose a house or an apartment? Knowing which one to choose can be challenging because there are many aspects to consider.

Taking a closer look at the advantages and cons, both houses and apartments come with their own appealing features. Let's explore the different aspects of both options.

Why a house is a great option

For many homebuyers, a house is synonymous with a spacious backyard, multiple bedrooms, and a feeling of long-term living. If you prioritise space for your family, a house would be an ideal choice. Beautiful homes surrounded by greenery, such as those in Bishopscourt and Newlands, provide residents with expansive lawn space and breathtaking vistas. A compelling reason to favour buying a home in those suburbs.

Among the many factors influencing a homebuyer's decision between a house and an apartment is the desire for more privacy, less noise, and the chance to enjoy not sharing walls with neighbours. The adaptable layout of houses makes them ideal for a wide range of uses, from living to working. 

Private gardens, pools, and parking spots are standard extras included with houses. Although they may come at a premium price, these features help make living there more exclusive. Not only do they spruce up a home, but they also make it feel more like a homeowner where you have more freedom to express yourself.

Cons of owning a house:

  • Maintenance costs: Houses may incur higher maintenance costs, especially older homes. Older homes may require more frequent repairs and have outdated systems and fixtures that need replacing. 
  • Security: They can be less secure when compared to apartments.
  • Upfront costs: House prices might be higher than apartments with comparable internal space. 

Apartment living is convenient

On the other hand, Cape Town apartments have their own distinct charm, particularly for those who prefer a more urban lifestyle. The neighbourhoods of Claremont and Newlands offer a diverse array of apartment options, ranging from impressive high-rises to charming and spacious residences with sophisticated touches. Consider this exceptional 2-bedroom apartment for sale in Newlands. It boasts excellent security, requires minimal maintenance, and features stylish design elements.

Apartments are often placed in prime areas, near restaurants, public transportation, and other cultural and leisure events. This urban accessibility is perfect for young professionals and everyone who finds it easier and more convenient. Moreover, you can enjoy amenities like gyms, community rooms, and 24-hour security, adding convenience and protection. Another area where apartments excel is spending less time on upkeep, such as gardening or general exterior maintenance.

It gives you more time to spend with family and friends or pursue hobbies, which is especially advantageous for homeowners leading busy lives and preferring to keep their hands dirty with the responsibilities that come with a house.

Cons of owning an apartment

  • Outdoor limitations: In most cases, the only outside space available is on balconies.
  • Expansion challenges: Apartments are less conducive to property development.
  • Less privacy: Apartments tend to have a higher level of noise because of their close proximity to their neighbours.

Cost and way of life are the determining factors

Apartments offer an affordable urban living option, while houses provide more space and privacy for families. For young professionals, apartments are often preferred due to their convenience and cost-effectiveness. The decision between a house and an apartment in Cape Town comes down to lifestyle and budget.

You can browse our property listings at Upton Properties for excellent choices in sought-after neighbourhoods or speak to one of our agents for assistance finding the perfect property for your needs. Contact our property practitioners today to get started.

Author: Upton

Submitted 18 Jan 24 / Views 692