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Real Estate
Reply to "Why are SW DC condo/co-op HOA fees so exponentially expensive"
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[quote=Anonymous]I owned a coop for several years and then a condo. My coop maint was around $580 for a one bedroom. That was 1999. But it included a lot. It was a high rise building. I did not have a parking spot. That was extra. No pool, or gym. It did cover, lobby, elevators, laundry rooms, storage room, snow removal, our little park in back, property taxes, heat, water, gas for stove. All maint including windows on unit, door to unit. We had a 24/7 super on premise. I did not even have an insurance policy on unit as no need other than theft. My condo I currently own but rent out is $350 a month for a two bedroom. But I have to pay own heat, own water, own gas, own property taxes. And condo does not cover window replacement or HVAC replacement. Also more work, in condo heat went out, window broke magically fixed in condo I am on my own. The 24 hour super in coop used to charge $15 an hour for repairs if not the coop issue. [/quote]
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