What Do Condo Fees Actually Cover? 

Short for “condominium,” a condo is located within a larger building. Still, the condo is considered to be a private residence. When you reside in a condo, however, you’ll typically be required to pay certain fees. These fees typically range from around $100 to $700 a month. If the complex offers extensive amenities, these fees can go even higher. The purpose of condo fees is to cover the cost of maintenance for the amenities being offered. These amenities are shared with other people in your building and can include gyms, swimming pools, storage rooms, parking, laundry rooms, and more. To learn more about purchasing a condo and what to expect, get in touch with us today.