condo fees vs house expenses

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The Great Debate: Condo vs House – Urban Departures – Condo vs House Debate! Affordability. A quick search of MLS in our area shows that a 2 bedroom/2 bath condo starts at around $360k. Assuming a 20% down payment, a fixed 3.5% interest rate over an amortization period of 25 years, mortgage payments would amount to $1,438/month.

Maintenance Costs: Condo vs House – – Maintenance Costs: Condo vs House. People who say condo maintenance fees are bad bad bad, never buy condos are just making a very huge generalization. I bought my condo at the low $200’s, the unit above me just sold for $500’s. Again, location, location, location.

Living in a house vs a condo – Blog – Living in a house vs a condo.. On the reverse side, if you have a budget for those expenses and want to live in a house, then you can hire a professional too.. Costs. In a house, especially older ones, like we have here in Toronto, something is always bound to break or stop working.

Buying a condo? Be aware of monthly fees and repair costs. – Be aware of monthly fees and repair costs.. I would rather live in a one-and-a-half bedroom condo downtown than a three-bedroom house in the suburbs.". who can cost more than if you did it.

Condo vs Townhouse – Pros, Cons, Comparisons and Costs – The average cost of maintenance fees for condos and townhouses is a couple of hundred dollars per month, but the actual cost varies depending on the location, A detached home may sell for more money than a condo when the real estate market is hot, but condo sales allow investors to receive.

Condo vs. House: Which Is Right for You? – Why You Should Buy a Condo. These are a few of the reasons people choose condos over houses. We paid $55,000 for our condo here in Tucson, and it came with new carpet, tile and paint. We did add a washer, refrigerator and some patio work for another $2,000 or so, and we paid a few hundred dollars in closing costs.

Choosing Among a Condo, Townhouse, and House – And at the other end of the age spectrum, Boomers may benefit from the lower costs and reduced responsibilities of living in a townhouse or condo instead of a detached house. A condo has the.