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Condos for sale in the Cincinnati area. Condominiums for sale in the Northern Kentucky area. Academy, Adams Place, American Building, Ascent, Ashworth, Baum, Palisades, Bedford, Belvedere, Captain's watch, cooper at eden park, domaine de la rive, south shore, harbor greene, gateway quarter, edgecliff condominiums, Mcalpin, lofts at fountain square, st james at the park condos, park place at lytle park, overlook at eden park, meridian, lofts at 4120 jordan park mariemont, riverwalk, river terrace condominiums, riverside condos, ingleside, verona at eden park.

Condominium HOA Comparison

The Value of Condominium HOAs

The quality and variety of condominiums has dramatically increased over the past 20 years. Condominium buyers are looking for the same quality and ambiance as a single family home, in a trouble-free package. Many also want to take advantage of the stunning, panoramic views that many of these developments have to offer. This is somthing that you simply cannot get from a single family home.

Buildings such as The Palisades of Mt Adams, Domaine de la Rive, The Ascent, and The SouthShore feature awe-inspiring views - that much is apparent. What's not as obvious is the truly remarkable 'trouble-free' aspect of condominiums.

Owning a home is great for some, especially families. But they consume a lot of time and resources - from yard work in the summer to leaves & snow in the winter - and everything in between. We've compiled a table of maintenance costs associated with owning a higher end, luxury home compared with what is typically covered by a Home Owners Association (HOA) fee for a luxury condo such as The Ascent or Domaine de la Rive.

 

Average Monthly House Expenses
    Heating/Cooling
$465     
    Water
$50     
    Landscaping*
$170     
    Insurance
$135     
    Broadband
$65     
    Pool
$250     
    Fitness Center
$120     
    Security System
$40     
    Maintenance**
$170     
    Window Wash
$30     
    Snow & Leaf Removal
$35     
    Total
$1,530     
*Landscaping costs include professional design/installation amortised over 12 years, lawn/yard maintenance.
**
Roof & Painting (amortised over 12 years) cleaning gutters, garage door, & general repair.
These figures were calculated in 2008.

 

In addition to having everything on the above list covered by the HOA, some condo associations provide 24 hour concierge, extra storage unit, a business meeting room, rental guest suites and more, often for less than the cost of owning a home.

Life seems to get busier as we move forward, with more distractions, tasks, & opportunities. For many, condominiums are one way to simplify life. If you're interested in simplifying your life by owning a condominium - give us a call - your Condo-Key.

This information courtesy of:

Robinson Sotheby's International Realty
2722 Observatory Avenue
Cincinnati Ohio 45208

513.321.6000

www.RobinsonSIR.com