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Condo Fees Explained

Many Buyers ask themselves the ever confusing question, what’s better for me? A house or a condo?

Many people believe that condo fees are a waste of money and a house’s expenses are much more affordable but really, a maintenance fee is only your percentage share of what it costs to maintain the entire building and is completely based on the size of your unit (a 1 bedroom will be less than a 2 bedroom).

So at the end of the day, it actually works out to be the same but condos tend to offer more convenience, so it really is all completely based on your lifestyle. :)

Here’s a great article that explains in depth and also simplifies where your condo fees actually go, CLICK HERE