High rise condo fees exceed one hundred dollars a month
The Institute of Real Estate Management reports 1981 expense analysis showing median condo operating costs at 1297 dollars monthly with assessments over 100 dollars. Cooperative fees far higher than condos or planned developments, with townhouse coops at 142 dollars. Inflation drives costs across associations. prices skew younger for condos and PUDs, older for cooperatives, with most units built since 1968 and regional patterns analyzed.
MENTIONED IN THIS ARTICLE
Onttng
Institute of Real Estate Management
United States
Canada
1981 Expense Analysis on Condos Cooperatives and PUDs
The report analyzes annual operating expenses per square foot and per unit, showing medians and ranges to reflect diversity. It notes reserves from $94 to $111 per unit, representing up to 15 percent of operating costs, to fund future capital needs. Costs have risen 18.5 percent since 167, consuming 42 percent of a typical budget, with cooperatives often showing higher median assessments than condos or PUDs.
Also Mentioned on This Page
Ters JR
Business
the News
Frederick, Md
Michigan Ave
Chicago
Ill
Frederick
Betty McIntosh
Women's Council of Realtors
Ralph Brown
Board of Realtors
Rocky Mackintosh
Richard C. Brady
Carolyn Burdette
John W. Ashbury
Beb Leverone
Realty World
Montgomery County
Aide
Bill Siege
Ellen Fauble
Lloyd Hoover
Donna Logan
Ann Lambridge
Cheryl Ganley
Heather Rizzino
Janet Roberts
Gettysburg
WM. A. Bigham
Ausherman Realty
Patrick Street Center
Frederic MD
Pan
Jim Riddlemoser
Doucherty
T Ribmliy
Dalamore
Taneytown
Maryland
MD & Pa
Kemptown
Beverly Norris
Woodsboro
Dick Dady
Henry Alexander
Russell Z. Horman & Associates, Inc
Integrity
Reparty Management
Ipa
Betsy Ross
Burkitsville
Dim Hoult
Dean Harman
Evelyn Haines
Walter Hoffman
Assoc
Mike Orlando
Fredericktowne
Realty
Jefferson Street
Pearl Frederick
el Amg
North Market Street
PTY Fairy
Welk
Tramclig
Renost Lineata
Langellstonia
Teom
Fredencek
Matefal Corondad
College Area
Cnnpect
Piatrdet
Southern Frederick Co
Ityew
Cale Fon
Sotheby Parke
Bernet
Dull Hones
Dena Keister
Theres
Michie
Cindy Morris
Antone Phillips
Petricia Guynn
Berbera
Schurzeule
Sereedner
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!