We can all agree that apartments and lofts are not the same, but both represent a potential living area that you can purchase for your particular needs.
Some people state that lofts are apartments that were not finished, but that is not the case since they are appealing for both renters and buyers.
On the other hand, if you enjoy privacy and separation in defined rooms, apartments are the best choice for you.
However, real estate agents from Syracuse can easily label tiny studio apartments as lofts, with the idea to promote the apartment due to lack of living space and definition.
A Brief History of Lofts
We have to start from the very beginning by saying that initially, lofts were affordable places where artists enjoyed working and living. For instance, they used the abandoned and decaying infrastructure of industrial New York for the necessary shelter during World War II.
For instance, painter Robert Rauschenberg moved into an attic space, which was quite large in an industrial building that had 20-foot ceilings but no running water and heat. Even though the shortcomings were significant, fellow artists came to him since the rent was affordable.
As more and more artists started living inside, the word got out about fantastic atmosphere, and that is why adventurous and wealthy New Yorkers decided to check how the scene functions in reality. Click here if you wish to learn more on lofts and their importance for real estate industry.
Therefore, by the start of the ’60s in the previous century, most lofts were renovated as living spaces especially when compared with the beginnings. On the other hand, the Industrial Revolution brought the popularity of apartment living in the United States.
Since the jobs increased population in towns and big cities, single women and men started to live inside from rural farms and villages. It was a much more affordable choice to live in an apartment than to have a house in the big city.
At the turn of the 20th century, apartment houses teemed with immigrant families and workers.
If you enjoy city life and urban settings, then apartments are the best choice for you because you will be much closer to work and other areas that you may have to go.
Some people avoid buying apartments due to an unstable economy and frequent moving due to work, so they rent apartments instead, which is a more cost-effective choice than buying.
Have in mind that in general cases, lofts function as both living and working spaces, even though zoning prohibits lofts for residential use in some specific places. In traditional senses, lofts are adapted and reused abandoned areas in blighted urban settings.
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Therefore, most painters and sculptors that seek large spaces will get the ability to enjoy in affordable lofts especially after gentrification of specific areas that are bringing prices of apartments to the highest level possible.
Features You Should Know
Have in mind that typical apartments have specifically organized rooms for living space and specific functions.
They are mostly in medium to large buildings that feature a wide array of apartments on each floor. Of course, the finish can vary, but most of them feature wiring and ducting behind drywall.
At the same time, you should know that lofts could easily occupy the entire floor without dividing the area you are living in.
Since these places were used for other things instead of living, plumbing and mechanical systems are visible and exposed with the idea to save money and space.
Most of them feature floor to ceiling windows so that you can enjoy in an appropriate amount of light that was useful for machine operators when the lofts were used for industrial purposes. That is why it is accessible for residence because you will have plenty of room to enjoy and work.
Benefits You Should Know
Apartments are great for families that require defined spaces, rooms and privacy when compared with lofts. Since residence, living requires less maintenance than family home; you will be able to save on repairs and inspections.
Lofts, on the other hand, are perfect for people who enjoy open space in which they plan to work and live at the same time. You will have extreme flexibility when it comes to arranging the living area, and that will provide you enjoyment along the way.