How Expensive Are Apartments In Severn MD?

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Are you planning a move to Severn Maryland? You might be wondering how expensive are apartments in Severn MD and the surrounding area. Let’s explore the range of prices and what you will get for your money.

The lowest price apartments we found listed in the area are just outside of Severn. You can save a little money by looking in Fort Meade or Glen Burnie. It is not big savings, but if either community is near where you work, it is worth take a look.

The prices in those areas start at about $900. These are not stripped down apartments. They are nice facilities with fitness centers and nice community features. The apartments are up to date.

If you want to live within Severn city limits the prices go up just a touch. The lowest price we saw recently was $1050 for a one-bedroom apartment. It did not have as many amenities as the units in Glen Burnie and Fort Meade, but was very nice.

Many of you would love to have a swimming pool at your apartment complex, but it does come at a price. The lowest prices we found for apartments including a swimming pool were $1300 per month. That price does not just cover the addition of the pool, though. The same unit added a business center, in apartment washer and dryer, a clubhouse, garage and many other features some of the other lower priced apartments did not include.

Keep in mind, all of the prices we have discussed so far have been for 1 bedroom apartments. If you need more bedrooms the prices will be higher. As an example, the last apartment we mentioned with a swimming pool has options for 2 bedroom apartments, too. The prices of their 2 bedroom units range from $1600 to $1700. Their 3 bedroom apartments start at almost $1900.

If you need extra bedrooms and need to keep the price lower, you will need to head back towards Fort Meade again. You can find some 2 bedroom units starting around $900 in Fort Mead.

Interestingly, you can find 3 bedroom apartments in Severn MD staring at around $1300, so not a lot higher than some of the nicer 1 bedroom apartments. You may lose a few of the amenities you would love to have by adding the bedrooms and keeping the price down, but that may be a trade-off you could accept.

What do high-end apartments rent for in Severn? You can find some apartments that go over $3000 per month, but I suspect when you do the comparison you won’t be interested. The highest priced units offer nicer features in the apartments, but usually have less amenities for the facility. The $2000 to $2500 range is where you find the nicest apartments with larger floor plans, nicer appliances and great features.

You can find great apartments in Severn Maryland starting at around $1000 with prices ranging up to around $2200. By stepping just outside the city limits you can cut your prices slightly and sometimes get an added bedroom at the same time.

Factors to Consider When Choosing Between an Apartment and A House In Severn Maryland

Choosing between an apartment and a house to rent in Severn Maryland can at times be a daunting task. Therefore, it is a good idea to take your time in case you have not decided whether to rent an apartment or a house. Here are the major factors you should consider when deciding whether to rent a house or an apartment in Severn Maryland:

Space
A house often has more room to roam in than an apartment both in terms of square footage inside and the outside area. Therefore, if you want to rent a place with more space both inside and outside, it is good to choose to rent a house over an apartment.

Privacy
Some apartments have noisy neighbors and may not be ideal for those who like privacy. When living in a house, you can easily contain noisy neighbors and unwanted guests to some extent. In addition, when living in a house, you are less likely to deal with neighbors.

Maintenance
Are you a fan of doing tasks such as mowing the lawn, shoveling walkways, keeping the garden up to date and so on? If the answer is a big yes, then an apartment can be ideal for you. However, if you are not a fan, then it may be a good idea to consider renting an apartment instead of a house. So, determine whether or not you value tedious chores when choosing between a house and an apartment.

Location
If you would like more of the urban scene, it may be a good idea to consider renting an apartment. This is because of the fact that most of the apartments are mostly found in locations such as near bars, campuses and so on.

Design
Would you like a space that you can add your own feel and style? If so, a house may be a better option than an apartment as a house will give a homey feel that you can mold into what you want. An apartment, on the other hand, does not have that homey feel associated with a house.

Pets
If you want to live with your pets, it may be good to choose a house over an apartment since a house has an outside area that is amenable to pets something that an apartment does not have. There are some apartments that don’t allow tenants to have pets due to the fact that pets can be too much of a hassle and can cause damage to the inside.

How to Invest in Severn Maryland Apartments

You have been thinking of buying Severn Maryland apartments for several years. And you have been saving money. You now have enough money to invest in apartments in Severn, Maryland.

Do not rush to buy these apartments. You may make mistakes that may cost you a lot of money. Learn how to invest in real estate. If you do not know how to invest in apartments, you may buy the wrong apartments.

Successful real estate investors studied real estate investing. They do not like trial and error. If you are serious about investing in Severn Maryland apartments, follow the following tips.

Select the Best Apartments

Do you know why most new real estate investors lose money? They invest in wrong properties. It is easy to find apartments, but it is hard to find the best ones.

That is why you need to do thorough research. Visit several apartments. Do not just rely on what other people tell you. Do your own research if you want to make the right decision.

Asking Price

Once you find the best Severn Maryland apartments, ask about their asking prices. You may not afford some of these apartments. This does not mean you avoid them.

If you want to buy several apartments, contact the seller. Try to renegotiate the asking price. Some of these sellers may lower the asking price because you are buying several apartments.

Even if you are buying one apartment, renegotiate the asking price.

Use Real Estate Agents

If you have been looking for the best apartments in Severn, Maryland, you may know that it is hard to find these apartments. Let real estate agents help you find the best apartments.

Reputable agents have huge connections. They know several people in Severn’s real estate industry. They will make a few calls. And they usually get a list of several apartments from these calls.

Use real estate agents you know and trust. Real estate agents get a commission when you buy the apartments. So, the agent may convince you to buy the wrong apartments in Severn. So, be careful when selecting a real estate agent.

If you have been thinking about investing in Severn Maryland apartments, you now have some of the answers you need. These are just a few tips that you must consider. You still have a huge learning curve, especially if you want to make a lot of money investing in real estate.