One of the significant challenges of our day is either rent or purchase a studio apartment. If you live in an apartment or purchase a home, then this is a major financial choice. This choice can affect the rest of your life. Each solution has strengths and weaknesses, but it can be hard to sort out the relative benefits and drawbacks when trying to make the correct decision. But before you start to think about making a choice, it is safe to get a better understanding of the pros and cons of studio apartment living. Knowing what to expect from studio apartment living can help you make the right decision about your needs and requirements.
But before discussing the cons of studio apartment living, let’s understand what a studio apartment is?
The studio apartment is a kind of apartment that requires you to work, eat, and sleep in one room with no boundary walls between you and the rest of the world. It is a one-room layout, similar to what you see in a hotel room. The kitchen and sleeping area is in the main room, rather than being split by a wall. If you can find an L-shaped studio, you can get the feel of a separate living room or kitchen without having to pay for a bigger apartment. Similarly, a high ceiling can offer a sense of space without adding in the square footage.
Cons of Studio Apartment Living
Some of the common cons of living in a studio apartment are as follows.
Con # 1- Accommodation
One of the most visible drawbacks of studio apartments is a lack of accommodation. By mid-morning, if you are left alone at home for the day, you will likely feel claustrophobic. Take this as a warning.
Con # 2- Storage unit
If you are shifting from a bigger place to a studio, the question of what to do with all of your belongings will inevitably arise. Now if you have expensive items that you cannot recycle or sell for a dollar, you may need to pay for storage space. If saving money is your primary objective for renting a studio, you may not understand the additional cost.
Con # 3- Guests
Few of my college friends wish to stay with me for a week, I was glad to accept their invitation before they came and I discovered I only had room for a twin air mattress on the floor. If you have out-of-town friends or relatives who are expected to visit occasionally, keep in mind that hosting guests in a studio apartment can be difficult. When you have a business, then you can pretty much forget about privacy.
There are numerous advantages to renting or purchasing a studio apartment, particularly if you are relocating to a major city where renting or buying is too expensive. Be aware of the disadvantages before signing a contract. Please remember that the right layout can make a studio apartment living a lot more comfortable. If you are looking for a mortgage option for a studio apartment of your choice, contact Aceland Mortgage for expert opinion and guidance.