Thinking about condo living? Don't forget about condo fees in your budgeting! 💸 Did you know that condo fees can vary widely from building to building? Here's what you need to know: ➡️ These fees cover some utilities, amenities like gyms or pools, repairs and a reserve fund to ensure your property stays in top shape. ➡️ Older buildings or those requiring maintenance may have higher condo fees compared to newer ones. ➡️ Properties with extensive amenities such as fitness centers, swimming pools, concierge services, security systems, and landscaping may have higher fees to cover the maintenance and operational costs associated with these features. ➡️ Condo fees can vary based on the location and size of the unit. Generally, condos located in prime areas or larger units with more square footage tend to have higher fees, and a well-managed building will see its fees increase a few percent per year as well. As your trusted real estate agent, I'm here to guide you through every st...