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The costs of owning a condo

Author: Staff
Publication date:
February 21, 2020
Article Summary: 

This blog post from explains the various costs involved in owning a condo beyond just the purchase price. These costs include monthly maintenance fees, property taxes, insurance, utility bills, and potential special assessments for unexpected repairs or upgrades. The article emphasizes the importance of budgeting for these costs before making a purchase decision and provides some tips for keeping costs low, such as purchasing energy-efficient appliances and lighting. The article also notes that some of these costs may vary depending on the location and age of the building. Overall, the post serves as a helpful guide for anyone considering buying a condo and wanting to understand the full financial picture.


condo ownership, costs, maintenance fees, property taxes, insurance, special assessments, budgeting, energy efficiency

Source Citation: Staff
The costs of owning a condo
February 21, 2020
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