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condo fees vs house expenses

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Can I qualify for the Homestead Rebate if a trust owns my condo? – I live in a condo that my kids paid for and put in a trust. I’m a senior and I live on $881 per month. I pay all the taxes, sewer fees, and homeowners fees in my name even though the tax bill is.

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Which Costs More to Own and Maintain: Condo, Townhome, or. – The maintenance costs therefore, are much higher for an HOA in a condo development than they are for an HOA in a single-family home development. Similarly, with a townhome, the HOA might have to maintain the exteriors of the buildings and the land around them, increasing its costs of maintenance.

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How Much Do I Need To Spend On Housing? They form the basis of what a mortgage will cost each month and how much house you can afford. But open a mortgage calculator with an HOA dues feature to consider all costs. A payment of about.

Condo Fees Are Bad Many homebuyers look at condo fees as an additional expense, compared to owning a house. However, before assuming these fees are a drain, it’s important to look at what’s.

We are trying to decide between buying a condo and a single family home. It seems like the HOA fees on condos are a ripoff. What do you think? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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Condo vs Townhouse – Pros, Cons, Comparisons and Costs – Costs. The cost to build a condominium depends on several factors, such as the cost of materials and installation. To build a condo, expect to spend about $85 to $200 per square foot. The overall price for either construction includes and assumes that carpenters, masons, and excavators charge about $70 per hour, electricians $65 to $85 per hour, plumbers $45 to $65 per hour, and painters $20.

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There are advantages and disadvantages to both types of housing, and lifestyle and cost can help determine whether a single-family house or a condo is a more suitable dwelling for your needs.

Will you be happy in a condo? – You’ll know that you got the best possible mortgage and won’t be overwhelmed by unexpected costs. The lock-it-and-leave-it convenience of a condo fits well with a job that involves constant travel.

Expected expenses of detached house vs condo fees: who 'wins. – Expected expenses of detached house vs condo fees: who ‘wins’ in the end? Just purely re minimizing expenses (not re which is better living arrangement), in the end which one would cost less? Not sure if there are studies done on this comparison.