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Should I buy a condo with high maintenance fees?
Author:
Condos.ca Staff
Publication date:
May 24, 2022
Article Summary:
The article discusses the pros and cons of buying a condo with high maintenance fees. It advises buyers to carefully consider the value of the fees, including what is included in them, the cost per square foot, and their potential impact on the property's resale value. The article also notes that high fees may be worth it for buyers who need a larger condo or cannot afford a larger mortgage. However, buyers should weigh the costs against their long-term financial goals.
Keywords:
Condo, maintenance fees, value, cost per square foot, property value, resale value, first-time buyers.
Source Citation:
Condos.ca Staff
Should I buy a condo with high maintenance fees?
May 24, 2022
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