- Joined
- Nov 12, 2009
- Messages
- 102
In multi family condo properties, it seems as if prices hold up initially when condo fees are low (first 2 or three years) and subsequently become soft. I notice this in Airdrie properties on MLS.
My question is this: are condos generally a poorer investment than a duplex. Is the price of a condo significantly affected by th rise of condo fees? If so, is it always better to purchase a condo at the height of the rise in the condo fees? (example, Point of View type properties)
Any advice on this would be appreciated.
Albert
My question is this: are condos generally a poorer investment than a duplex. Is the price of a condo significantly affected by th rise of condo fees? If so, is it always better to purchase a condo at the height of the rise in the condo fees? (example, Point of View type properties)
Any advice on this would be appreciated.
Albert