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In addition to paying the mortgage and taxes on the property, you are usually required to pay monthly assessments.
Assessments pay for services enjoyed by the entire community, including maintenance, security, and contributions to reserves. Assessments pay master insurance policy premiums, some basic utilities, landscaping, pool services, and so forth.
When you buy a condominium, you agree to pay monthly assessments. Assessments are variable, and may increase each year, when community expenses increase.
Wiki User
∙ 14y ago
Wiki User
∙ 8y agoYour answer depends on the nature of the condominium, and its location. A marina slip in a local lake owned as a condominium has a different price than a condominium penthouse in mid-town Manhattan.
Wiki User
∙ 10y agoA local realtor can help you answer your question.
Wiki User
∙ 10y agoYour answer depends on the location, size, amenities involved and local construction expenses of the project you envision. There is no standard.
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How much does it cost to rent a condominium?
Your answer depends on where the condominium is located and its size. There is no standard.
How much does the average condo cost?
It depends on the location of the condominium, its size and the amenities included in the condominium community.
What is the average price for a condominium in California?
The average price for a condominium in California is about $400,000. Factors such as location, and quality of the condominium also affect the prices, even in drastic measures.
How much does a condominium cost in palmdale CA?
A local realtor can help you answer your question.
How much does it cost to get someone to clean a one bedroom condominium unit?
Your answer depends on your location and the size of the unit.
How much is a condominium unit?
The cost depends on the location, size, facilities, type, age, market, etc.
How much would it cost to get from California to Alaska?
how much does everything cost to move from california to alaska
What is the average cost for a 2 bedroom 2 bath Austin Condominium?
The average cost for a 2 bedroom 2 bath Austin condominium ranges from $150,000 to $400,000. The average cost of an Austin condominium depends on the location, number of floors and amenities.
How much does a condominium with two bedrooms cost in Bay side NY?
A realtor in Bayside New York can answer your question.
How much money does it cost to buy a condo?
There is no standard. A local realtor can help you price the condominium that you want to purchase.
What are the release dates for Condominium - 2009?
Condominium - 2009 was released on: USA: 7 January 2009 (Los Angeles, California)
How much does a condo cost?
It depends on the geography where the condominium community exists.Some condominiums can be bought for less than $250,000, and some condominiums cost more than $10,000,000.Look in your local want ads to see the price range in the are where you want to buy a condominium.
