There is somewhat of a negative connotation towards condos and the “condo fees” that come along with them.
Condo fees include maintenance, landscaping, management of the condominium and in some cases utilities. They can be beneficial for certain buyers who want complementary maintenance / landscaping & want to be a part of a community within the condominium.
The $ amount of condo fees varies based on the type of building (apartment, townhome complex, etc) plus the size of the perspective unit and what is included in the condo fees.
The negative connotation mainly comes from the fact that you as a condo owner do not have a say in the increase of the condo fees at any time because even though you own a unit or units, you are essentially buying into…