condo buildings

Condo fees fund the daily operations and maintenance of most condo buildings. They cover security, landscaping, cleaning of common area, common area energy use, maintenance, and other key building functions.

In addition -- and this is very important -- a portion of condo fees are held by the building as reserves to fund major maintenance projects.

On average, our research shows, condo unit owners can expect to pay $0.44 / SF / per month or $440 in monthly condo fees for a 1,000 SF unit.

Ten years ago, if you wanted to live downtown in Austin in a place with a nice pool, your options were slim.

Now, most of the new projects feature resort-like pools which are key selling points for the buildings. In the future, nice pools will likely be standard on new Austin condo buildings.

As the new generation of resort-like projects comes to fruition, it's possible that units in buildings without pools with sell at a discount when compared to units in buildings with this key amenity.

One of the most common questions asked by first time condo buyers is how much individual buildings charge in monthly condo fees.

One of the most common questions asked by first time condo buyers -- especially in Austin where the popularity of condos is rapidly on the rise -- is how much individual buildings charge in monthly condo fees.

The Austonian is going to be nice.

At 56-stories, it will be the tallest building in Austin. In fact, it would be the tallest residential building in San Francisco.

It has a beautiful pool and a dog park with a special doggie toilet.

Condo fees fund the daily operations and maintenance of most condo buildings. They cover security, landscaping, cleaning of common area, common area energy use, maintenance, and other key building functions.

As we have written before, one of most common questions asked by first time condo buyers -- especially in Austin where the popularity of condos is rapidly on the rise -- is how much individual buildings charge in monthly condo fees.

One of the most common questions asked by first time condo buyers -- especially in Austin where the popularity of condos is rapidly on the rise -- is how much individual buildings charge in monthly condo fees.