So here are some tips to make solo living more manageable. Related: Tips for Renting in Big Cities With Low Availability 1. Know What You Can Afford to Spend Single people have to be very mindful of how much they spend on housing, says Beauchamp, since they don't have a s...
You can also always try to bargain on price by pointing out the flaws of the apartment. Use concrete examples in your negotiation from other apartments you have seen nearby (e.g. There is an apartment in the building next door that has much better furniture and appliances for the same pric...
Condominium vs. Apartment The big difference between a condo and an apartment is that you generally own a condo, while you rent an apartment. Apartment buildings are usually owned by a single owner (such as a property management company) and the buildings are used solely for rental purposes. ...
What you need in a home is also a crucial factor when deciding how much to spend on rent. For instance, if you live alone, you may only need a small apartment, whereas if you have a partner with children, you may need a larger space with a few bedrooms. You’ll also need to fa...
How Much Is My Security Deposit? Your security deposit amount is equal to one times the monthly rent of the home. Is the Security Deposit Refundable? The security deposit agreement is subject to Tricon Residential’s final acceptance of the application once the screening process is complete. If...
to live in than studio apartments. Rent prices are higher for one bedrooms, and utilities also cost more because there is more space to heat, cool, and illuminate. There is also more space to fill with furniture, so it’ll be pricier to furnish and decorate a one bedroom apartment. ...
If these numbers seem particularly high or low to you, remember that they are averages. The state you live in and whether you’re in a house or an apartment have a lot to do with how much you'll pay for utilities. Surging fuel prices can also send utility bills much higher. If yo...
Plinth Area. The built-up area or Plinth area isCarpet Area plus the area the walls occupy in your home. Super Built-Up Area. The super built-up area takes into account the common areas. Examples are apartment’s proportionate share of the lobby, staircase, elevator and the corridor outsi...
(SFF), which is essentially the amount you need to set aside regularly to repay your loan. The math can look complicated (there are various calculators online and in spreadsheets to do the work for you), but it's nothing more than computing a savings plan in reverse: How much do you ...
Additional living expenses (ALE) are the extra costs you might incur if a covered event does take place and you can’t live in your apartment for a period of time. Most standard plans come with ALE, but some don’t, so be sure to double-check. If ALE is covered under your policy,...