Tag

HOA

The Mendota Heights Condo with 7,400(!) Square Feet: Sum of Parts > Whole?

Sub(Divide) and Conquer If it could be done easily and profitably . . . somebody already would have done it.” –Ross Kaplan’s 2nd Law of Real Estate Development. [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you...
Read More

True or False: a Condo Whose Monthly Association Fee is $300 is a Better Deal Than an Identical Condo Whose Fee is $500

Getting (and Wanting) What You Pay For You’d certainly think that $300 a month for Association dues is a better deal than $500, assuming two near-identical units. But, the truth is, the higher fee could be a (much) better value. How so? If it covers a long list of services and building amenities that the...
Read More

Archives