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Reply to "Condo fees are ridiculous "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If condo needs a new roof or new landscaping or new fence is needed, its divided between all units. In my single family home, its all my responsibility.[/quote] How does the exterior maintenance/repair/replacement work on townhouses? Is the owner responsible? [/quote] Yes, you are responsible for everything in townhomes unless its covered and managed by an HOA and you pay monthly or specially needed assessments.[/quote] Thise are basically condos. [/quote] It depends! Some are basically condos and condo fee covers a lot of exterior maintenance, some are more akin to homes in an HOA neighborhood. Agree with poster above who said that people who balk at condo fees often have no idea how much exterior maintenance costs. We’ve paid paid something like 20k in the first year of owning our home on things like minor walkway masonry repair, driveway resealing, chimney cap and masonry repair, exterior touch-up painting, and some new landscaping, things that aren’t even major projects like new hardscaping. Another 20k for a new roof. Not to mention the basic seasonal maintenance like gutter, leaf blowing, snow removal etc which yea of course some people DIY, especially on a smaller townhome lot, but we pay for it, as do condo & coop buildings. [/quote]
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