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Indoor Gardening for Your Condo

Living in a beautiful condo such as the Marina Grande, you might not have the outdoor space to grow a garden. But that doesn’t mean you can’t bring your love for gardening indoors! As long as you have a little space and a little time, you can relish in the benefits of indoor gardening.

Light

Indoor plants need light to thrive. Depending on your setup, you can use the natural light from your windows or a grow light to help your plants get the light they need. It’s important to get the right plants for the amount of light you can provide. Be sure to check the tag that comes with the plants for the light amount needed. If you’re using a grow light, make sure you have a bulb that emits the same wavelengths as the sun to promote photosynthesis, as regular lightbulbs won’t work.

Temperature

It’s important to know what temperature your plants need to survive. 65-75°F is best for most plants. Plants that are too hot will be weak and small, where plants that are too cool will have yellow leaves that fall off.

Growing Medium

Potted plants need a specific planting medium. Look for a mix that is good for indoor plants that will remain loose and drain well. The medium also needs to have enough nutrients and moisture. This is just as important to a plant’s growth as light.

Hydroponics

If you’re looking to try something new, fun, and equally rewarding, you should look into hydroponics! Basically, hydroponics is gardening without the soil, providing the nutrients directly to the roots using water. Hydroponics results in faster plant growth and uses smaller containers.

Watering

Always use room-temperature water and water your plants when the soil closer to the edge of the pot is dry. Make sure that your plants can drain correctly since plants that soak in water are much more likely to get root rot.

Plants

Choose plants based on your personal interests, experience, and what space and light you can provide. There are so many different plants available to indoor gardening, and depending on your creativity and dedication, your options are pretty limitless. Succulents, herbs, and Impatiens are a great place to start!

Balcony Gardening

Don’t want your plants taking up space indoors? Look into the available amenities your condo offers, such as turning your connected terrace into an outdoor oasis with small potted palm trees. Just be sure to check with any condo bylaws for rules or regulations against planting on a terrace or balcony. Marina Grande on the Halifax allows plants on your outdoor terrace, but there is a size limit.

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Renting vs. Buying Condominiums: What to Consider

Renting vs. Buying a Condominium

There are many factors to consider when it comes to renting or buying a condo. Finances are a major aspect to factor in, but thats only one piece of the puzzle. Consider these pros and cons if you’re struggling with the decision to rent or buy.

1. Calculate the Price-to-Rent Ratio

If you want to know the price-to-rent ratio, find a condo in your area for sale and a condo for rent. Be sure that they have similar features, such as the same number of bedrooms and comparable square footage.

As an example, lets say you find a condo selling for $200,000, and down the block you find a similar condo renting for $1,000 per month (or $12,000 per year.) Dividing $200,000 by $12,000 will give you a price-to-rent ratio of 16.7. If the ratio is higher than 20, the monthly costs of condo ownership will exceed the cost of renting a similar condo.

2. Determine Your Household Budget

An important financial aspect to consider when deciding to rent or buy your next condo is your income. If the purchase prices of the condos in your area are exceeding what you make in three years, then consider renting. If you’re intent on buying, then consider looking at other neighborhoods or locations.

3. Identify Your Needs

If you purchase a condo, being able to change the layout is an available option. But if you rent, you’re basically stuck with what you get. Owning a condo gives you the freedom to make more invasive changes to the interior. You can remodel more easily and expand where you need to. Most tenants who are renting or leasing, won’t be able to make any significant changes.

4. How Long Do You Plan to Stay?

Another major aspect to contemplate is how long you plan on staying in the area. Renting a condo gives you a lot more flexibility to relocate if needed. Some things to consider are if you’re planning on starting with a new job or starting a family. Buying a condo, you may be stuck with the purchase until the 30-year load is paid off or you can find a buyer.

5. The Responsibility of Maintenance

One major upside to renting is that if anything goes wrong, like the electricity malfunctioning or toilet backing up, you can call the condo association to come fix the problem. As a condo owner, you’ll be responsible for any mishaps.