Reply to Why are SW DC condo/co-op HOA fees so exponentially expensive

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've lived in a couple SW co-ops.  I loved paying one fee to the building each month and no other bills.  No tax bill, no water bill, no electric bill, no cable bill, etc.  I'm paying almost $1200/month and I feel like I get my money's worth.[/quote]

Add that all up and it doesn’t come close to $1200.[/quote]

I didn't list it all.  I get elevators, underground parking, acres of landscaped grounds, 24 hour front desk service, package delivery, in-unit maintenance, swimming pool, all utilities, cable, and internet.  A big chunk of the fees goes into reserves which are very high.  Put it all together and I think I get what I pay for.[/quote]

what sort of in unit maintenance does it cover?[/quote]

Depends on the building.  I lived in a coop that basically covered maintenance of everything in your unit that was either original or still at "original standard."  The coop I live in now only covers original elements and not elective replacements (e.g. if you replace your floor, it becomes your responsibility to maintain), but it does cover pipes, mechanical, HVAC, and some electric.  However, even for stuff the coop doesn't cover, the in-house staff can usually do the work for a nominal charge. Instead of having to find and hire a contractor, all I have to do is put in a ticket in BuildingLink. [/quote] [/quote] [/quote]

Sorry, open [] in previous post.

The time savings is pretty significant. Being able to put in a ticket and have maintenance come around and see what's going on without having to take off work is really helpful. Our building has long term staff which is, I think, important to being comfortable with people having access to your unit.(And also makes for a high level of vigilance vis a vis other contractors, delivery guys, etc on site during the day.) I loved it when my kid was young and I had zero extra leave.

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