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Updated almost 10 years ago,
Condo VS SFh ( HOA vs Outside Maintenance)
I am looking at getting into my first property and i know things like grass, outside maintenance is something that SFH have to take care of as a single family home.. However when it comes to condos HOA takes care of these things:
maintain all structures, such as patching damaged roofs and siding, for example. Your HOA will also take care of the grounds by hiring landscapers to cut the grass, maintain gardens, and trim bushes.
What is the cost overlay on a property HOA vs outside maintenance?
I guess it depends on the market?
Little about the market i am looking into:
100k Homes/Condos
HOAs are around 100-165 monthly
3 Bedrooms
Very Dry Area ( Nevada)
MOST DONT HAVE GRASS
Properties are probably 1980-2000?
Obviously I will be using an inspector to see if roofs are good for the next xxx years.
I guess i am looking for a rule of thumb.