Your maintenance fees include services such as grounds upkeep, cleaning of the building(s), window washing, garbage disposal, condo repairs and snow and ice removal if applicable. If the services costs were higher than what owners paid in fees, the monthly fees may go up for the next year.
A brand new condo will be up to date on its look and appearance, where as an older building may need some renovations. You may walk into an older condo building and notice that it needs Terra Hill a new coat of paint or some new carpet. As a condo ages, the carpet may look older and the colors may not reflect current styles. A newer condo building will feature all of the colors, textures and patterns that are common today. The main entrance and hallways will appear current with the times.
An older condo unit may need to be renovated on the inside. You may have to change light fixtures and update flooring. You could be faced with having to install a new kitchen and bathroom. These renovations will help you to personalize the unit, but may get pricey. If you want a home that is ready to move into, you could find that buying a new condo works for your lifestyle.
