This article originally appeared on the Springs "You're Home Blog."
Do you think apartments are just for college students or twenty-somethings leaving home for the first time? CityLab.com cites a report from real estate website Trulia showing that the number of renters has been growing across all age and income groups.
Whether you're a young professional or empty-nester, here are some convincing reasons why you should be living in an apartment community like Springs.
1. More Bang for Your Buck
It's no surprise that home ownership is expensive. You need to come up with a sizable down payment, monthly payments (including the mortgage and property taxes), and you have to cover the costs for all upkeep and repairs.
In contrast, a security deposit amounts to a mere fraction of a down payment, monthly rent is modest compared to mortgage payments, and you don't have to foot the bills for lawn care, a broken hot water heater or any other maintenance issues.
There's one more significant financial advantage to living in a luxury apartment home. With less square footage to cover, utility bills are generally much lower.
OK, housekeeping is still your responsibility, but Springs has a full-time maintenance team to handle repairs and upgrades. What makes it even better is that they can be reached 24/7 for those late-night emergencies when water starts shooting out of the faucet.
3. Luxury Amenities
How much would you have to spend if you wanted to add a resort-style pool, designer appliances, walk-in closets or other amenities to a house? You don't even have to think twice about it at our Springs luxury apartment communities, which include these desirable features along with many others.
4. Flexible Terms
With mortgages generally running for 30 years, home ownership is a major investment of time as well as money. If you want to relocate, upgrade or downsize, you have to go through the hassle of finding a buyer for your current home.
Living in an apartment gives you greater freedom. Springs offers a number of flexible lease terms for your convenience, and we'll even let you out of your lease within 30 days of move-in if you're not completely satisfied.
5. Increased Safety
Apartment residents live in closer proximity to each other, which makes it difficult for potential vandals or thieves to move around undetected. Our onsite management team is also available to address any questions or concerns.
6. Greater Sense of Community
Homeowners have to make a greater effort to meet one another, especially today when people lead such busy lives. Residents in our Springs communities come into contact with each other more frequently during day-to-day activities, in our clubhouse or during one of the holiday parties and other events hosted by our management team.