There are several factors to consider when deciding whether to live in an apartment or an independent house. One factor is your financial situation. Apartment living is a more cost-effective alternative to independent housing. Apartment living is also more flexible in terms of design and layout. It is also possible to share an apartment with others, which can make it more affordable.
An independent house also has greater resale value. An independent house can be extended horizontally or vertically, and it is possible to add an extra room. Compared to conventional apartments, independent houses are usually larger and more private. The cost of an independent house will include the cost of land and construction, as well as stamp duty and clearances. You will also need to hire an architect.
When choosing housing options, it is important to consider the benefits and drawbacks of both. Having your own place to live is a great milestone in one’s life. While many people dream of owning their own home, apartments are a good option for many people. Apartments are convenient and can offer many amenities, but an independent house can be more personalized to suit your lifestyle.
Independent houses typically cost more than apartment houses because the design is more customized and preferable. Moreover, independent houses require more government approvals and clearance costs, which can increase the costs. Independent houses also often require more maintenance, which can add to the overall cost. Furthermore, independent houses may have fewer amenities.