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Buying a condominium means buying an individual unit in a property with public areas owned and managed by a homeowner's association. Buying an apartment usually means buying a share of ownership ...
It’s important to take the cost of the condo association’s monthly fees into ... “The transition from renting an apartment to buying a condo can be much less dramatic than going from an ...
New York. Population total: 8,622,467 Household median income: $76,607 Condo COOP average value: $6692,891 Total cost of living monthly: $5,149 Overall average rent: $2,238 1 bedroom average rent ...
For example, an owner would like to have a pool but cannot afford one. When buying a condominium with a pool in a CID of one hundred units, an owner would have use of that pool for basically one-hundredth of the cost due to sharing the cost with the other 99 owners. [5] Timeshare, or vacation ownership, is the same concept. Buying a second home ...
Indianapolis. Total population: 882,006 Median household income: $59,110 Average home value: $232,695 Average monthly mortgage payment: $1,378 Average monthly rent: $1,454 Homeowner monthly cost ...
A luxury apartment is a type of apartment that is intended to provide its occupant with higher-than-average levels of comfort, quality and convenience. While the term is often used to describe high-end regular apartments, or even typical apartments as a form of aspirational marketing, a true luxury apartment is one that is variously defined as being in the top 10% of transactions on the market ...
A studio apartment, or studio condo [1] also known as a studio flat (), self-contained apartment (), efficiency apartment, bed-sitter (), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
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