Hunting Creek Club
condo community
Things to consider
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Costs of condominium ownership

Besides total cost of the property, all real estate has associated costs for upkeep and maintenance. In the case of a single family home you have pay for the roof, the siding and the lawn care out of your pocket or through your back. In the case of a condo, the fees are simple, on a schedule and never involve putting you on a ladder to fix a problem.

Condo fees pay for the upkeep and maintenance of the common areas as well as other expenses of living. In many cases condo fees include the cost of amenties, and certain utilties. By the time you add up the expenses that condo fees include, you'll often find that condo living is a real bargain.

 
Buying? Local Property search

Questions for your agent

Here are some common questions to ask your agent, your mortgage broker and yourself when you are thinking of buying a condo.

  • How much can I afford per month?
  • Is the condo is my price range?
  • Is the community that I like?
    • Where are the grocery stores, shopping malls, bars?
  • Is there enough space for my needs?
  • What is the condition of the condo unit?
  • Do the common areas need repairs, renovations?
  • How old is the condo?
  • Is there a parking facility?
    • Is parking assigned?
    • Is there a fee to park?
    • Is there guest parking and if so where?
  • Does the condominium have access to public transportation?
    • Metro or bus only?
    • Shuttle or Limo service?
  • What are the chances that this condo will increase in value?
  • What type of security system is in place?
  • Does the condominium association allow pets? If so how many and what type?
  • What are the condo fees and what they include?
  • What is the condo association policy about renters?
  • How much is in the reserve fund?
  • Does the condo association have a certificate of insurance?
  • For sale — Search condos, houses and townhouses for sale in 22303 zip code.
  • For rent — Live data on rentals in 22303 zip code.

News Notes and Tips from Northern VA's Condo Expert
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