Pine Lake Manor Apartments | Apartment Tips

Ahhh the age-old debate between renting an apartment versus buying a home. There are convincing arguments on both sides, which can make it a difficult decision. 

Here at Pine Lake Manor Apartments in Keego Harbor, Michigan, were obviously biased towards apartment living because of the overall ease, comfort, and access to inspiring amenities. Our leasing team is ready to bolster the pro-rental argument with this list of 10 advantages of living in an apartment. 

Lets dive in and see what they came up with! 

Benefits of Living in an Apartment Instead of a House

1. Lower Price

When were looking for a place to call home, the financial element is always at the top of the priorities listhow much is this place going to cost? 

One of the biggest benefits of living in an apartment is that monthly costs are agreed upon upfront, remain steady throughout the entire rental period, and are cheaper than a mortgage. In the case of home buying or home rental, the fees are almost always going to be higher because of the extra space (including the basement, front yard, and back yard), higher utility costs, and property taxes. On top of this, there can be pesky homeowners association (HOA) fees and unexpected costs. 

Compare this to apartment living, which is less expensive on a per month basis and doesnt require residents to cover costly fixes on broken appliances, lights, fans, HVAC systems, electrical issues, and more. 

Many financial gurus (including recognizable names like Dave Ramsey) will argue that renting is financially more responsible, at least until the point where you can comfortably purchase a home without taking on an overly burdensome mortgage. 

2. Maintenance Convenience

Lets focus on maintenance costs. At Pine Lake Manor Apartments and similar communities, there is a professional onsite maintenance team whose sole duty is to tend to residents maintenance needs and requests. This could be a leaky faucet, broken garbage disposal, or faulty air conditioning unit. Whatever it may be, the onsite maintenance team is well-trained and knowledgeable, especially when it comes to appliances and equipment that are standard to the community. 

When it comes to buying your own home, guess what? Youre the maintenance team! If something breaks, not only will you have to cover the costs, but you will also have to fix it yourself and/or hire a technician to get the job done. Depending on the scenario, costs can be very hefty, so renting an apartment can actually reduce your overall financial risk.  

As is the case with Pine Lake Manor Apartments and other communities, the property management team is financially responsible for any and all maintenance repairs. 

3. Location Flexibility

Another major benefit of renting an apartment is the ability to be flexible geographically. Most apartment leases are negotiated for a duration of twelve months, which means its much easier to move to another part of the city or country when the lease comes to an end. 

In the case of buying a home, ownership can make moving very difficult. The selling process is often clunky and can take a long time depending on the condition of the housing market. If you live in an area thats in high demand, then selling shouldnt be an issue, but if you live somewhere thats not in high demand, then selling can be quite burdensome. If you do choose to take the ownership route, its best to buy a home when youre at a point in life where youre truly ready to root into that city. 

On the flip side, renting an apartment provides residents with a flexibility that is often quite freeing! 

4. Avoiding Risky Investments

Home ownership is an investment that can be wise from one perspective and risky from another. Generally speaking, buying a home is known to be a smart financial decision because of appreciation the value of real estate tends to go up, especially if you live in a high-demand city. That said, appreciation isnt the only financial variable to take into consideration. 

As we spoke about earlier, the costs involved with maintaining a home can be quite expensive and often unexpected. Just because a home is appreciating, doesnt mean that youre in the red and making money on the investment. 

Living in an apartment removes you from the riskiest financial aspects of owning a home.  

5. No Outdoor Upkeep

When youre driving through the suburbs on a warm weekend, youre guaranteed to see people outside working on their lawns. Homeowners take real pride in the condition of their grass and landscaping. The downside? Front yards and backyards are costly! And in the case of renting a home, landscaping maintenance responsibilities often fall upon the renter. 

One of the advantages of apartment living is that the maintenance team is fully responsible for tending to communitys landscaping. In the case of Pine Lake Manor Apartments, this means residents gain access to winding walkways, mature trees, and plenty of open, green lawn space for pets & play. 

6. Built-in Amenities

Amenities are often the most attractive part of living in an apartment swimming pools, fitness centers, grilling stations, and so much more. These are features which are often difficult to secure on your own, but easy to gain access to when youre a part of a larger community. 

Of course, these amenities are also the responsibility of the property management and maintenance team, so all you have to do is enjoy! 

7. Schools and Education

When it comes to education, the school youre able to go to is often dependent on where you live. If for some reason, youre not able to afford a home within your district of choice, then renting an apartment in that area is a way of securing your ideal school placement. Renting gives you the flexibility to choose the district that works best for you.  

For example, Pine Lake Manor Apartments is part of the West Bloomfield School District, known as one of the top 15 best school districts in the state, according toNiche. 

8. Community Spirit

Another perk of living in an apartment complex is the strong sense of community that develops organically among residents and neighbors. 

Almost everything you do outside of the apartment, such as taking your dog for a walk, relaxing by the pool, or checking your mail, puts you in contact with others. These types of daily interactions create a warm and friendly environment that helps you to live your best life. 

9. Reduced Baggage

One thing that becomes evidently clear when you move from one home to another is just how much STUFF you own. Small trinkets, clothes you never wear, random documents from years past, and much more. 

Although apartment floor plans are often spacious, with plenty of storage space, moving into an apartment gives residents the opportunity to choose which of their belongings are most important to them and which ones are ready to be discarded. It can be a very cleansing process (thank you Marie Kondo). Indeed, living in an apartment can be very supportive of those who embody a minimalist lifestyle. 

10. Style Choices

With so many floor plan options throughout an apartment community, residents are able to enjoy maximum choice in architectural style. Not only do homes vary by layout, but they also vary depending on where they sit within the building. That can give residents completely different experiences. 

In an apartment theres also a lot of freedom to design your space with your favorite decorations. When you first move in, its a blank canvas, but within a couple of weeks, it becomes your home and safe space. 

If youre looking for your next apartment, please visit us at Pine Lake Manor Apartments. Our 1 and 2 bedroom floor plans are designed to maximize comfort, style, and breathability. Each home is fitted with double-galley kitchen layouts, energy efficient appliances, plush carpeting, spacious closets, and a private balcony in select homes.  

Schedule your tour today and rediscover home at Pine Lake Manor Apartments.