accountingsucks
Recycles dryer sheets
- Joined
- Jan 28, 2006
- Messages
- 346
As part of my plan for an early retirement I have been thinking of moving from my paid off 2 storey three bedroom home to a 2 bedroom condo. Have others lived in both a condo and a home? I am mainly interested in the annual costs over a long period of time. At first glance it would appear that condos have higher costs due to their high-ish condo fees (where I live they are typically over $500 a month for a concrete highrise), however many of those include water, heat and utilities so it's important to compare apples to apples. Also of course they include exterior maintenance. As everyone with a home knows, some years it can be painful to be a homeowner. Also one thing I've noticed is that the more amenities in a condo, obviously the fee is higher. Those condos with a pool seem to be the worst offenders and I don't think I'd every get a condo with a pool for that reason.