Thread: Condo Fees
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Old 10-07-2020, 05:00 PM   #18
Rich
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Join Date: Jun 2012
Location: Derry / Gilford
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Condo association fees are hard to compare.

Consider all the variables that can affect them:
Taxes
Number of units
Capital reserves fee (is yours properly funded?)
Property maintenance
Lawn maintenance
Repairs
Trash
Wifi
Water bills
Sewer bills
Cable TV
Snow removal
Size of Property and area to be maintained
Buildings
Clubhouse
Pool
Docks
Security systems
Water system if private
Management fees
Insurance fees
Etc.

Each is unique, and the more amenities that need to be maintained, the more costs could be shared. If there are more units to share, then the per unit cost is lower than if it's a smaller association.

One of mine is $80 per YEAR! And you wouldn't believe the amount of scrutiny and drama there is over each and every dollar!
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