House or Condo: Which is a better Investment

Get the question as to whether a house or a condo would be a better investment.
The answer depends on what is meant by ‘investment’. Do you mean a place that you will live in while it appreciates in value?  If so, a house in a decent neighborhood, that is properly maintained, will appreciate better than a condo. But if you mean a place that you will rent out to a tenant, then the answer is not quite so clear.

Much depends upon the location. There are plenty of tenants who want to be close to public transportation, or schools, or a certain college, etc., so if you could find a resale condo for the right price, that would leave you with a positive cash flow after all the costs are considered, then this would be the best choice. Real estate appreciates because of improvements, neighborhood conditions, supply and demand. These things will all affect all types of residential real estate. The best thing is to work with a Vancouver/Portland Realtor in the area you are interested in because that real estate professional knows the area better than anyone.

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