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The Guide to Making The Perfect Buying Decision of Condo Vs House Vs Townhouse

The Madrona Group | 7 John L. Scott Offices
2.4K subscribers
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House Vs Condo Vs Townhouse | The Guide to Making The Perfect Buying Decision View Blog Post: https://www.themadronagroup.com/what-... In this video Jason Fox of The Madrona Group real estate team breaks down the difference between a Condo vs house vs townhouse. He also talks about the 5 things to consider when deciding between buying a house vs condo. What Is A Condo: 00:57 -    • The Guide to Making The Perfect Buyin...   Types of Condo: 01:43 -    • The Guide to Making The Perfect Buyin...   Attached Condo, Townhouse, Detached Condo HOA: 02:45 -    • The Guide to Making The Perfect Buyin...   5 THINGS TO CONSIDER WHEN DECIDING BETWEEN BUYING A CONDOMINIUM OR SINGLE FAMILY HOME 1. PRICE: 5:39 -    • The Guide to Making The Perfect Buyin...   The most important factor when trying to decide between a condo vs house is the price. The average sales price for a home in Snohomish County is $550,867 A condo is $394,312 (August 2020 Infosp …...more
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The Guide to Making The Perfect Buying Decision of Condo Vs House Vs Townhouse
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130Views
2020Jul 27
House Vs Condo Vs Townhouse | The Guide to Making The Perfect Buying Decision View Blog Post: https://www.themadronagroup.com/what-... In this video Jason Fox of The Madrona Group real estate team breaks down the difference between a Condo vs house vs townhouse. He also talks about the 5 things to consider when deciding between buying a house vs condo. What Is A Condo: 00:57 -    • The Guide to Making The Perfect Buyin...   Types of Condo: 01:43 -    • The Guide to Making The Perfect Buyin...   Attached Condo, Townhouse, Detached Condo HOA: 02:45 -    • The Guide to Making The Perfect Buyin...   5 THINGS TO CONSIDER WHEN DECIDING BETWEEN BUYING A CONDOMINIUM OR SINGLE FAMILY HOME 1. PRICE: 5:39 -    • The Guide to Making The Perfect Buyin...   The most important factor when trying to decide between a condo vs house is the price. The average sales price for a home in Snohomish County is $550,867 A condo is $394,312 (August 2020 Infosparks NWMLS). A condo will come with HOA dues typically between $200-$500 month in Snohomish County. That will often time include water, sewer and garbage. The HOA dues go into a savings account and go towards fixing the big ticket items covered by the HOA, such as roof, siding, windows, foundation and fencing. Finally the annual taxes are generally lower on a condominium versus a house. 2. MAINTENANCE AND UPKEEP: 6:03 -    • The Guide to Making The Perfect Buyin...   The 2nd most important factor is the amount of maintenance and upkeep you are comfortable with. With an attached condo you generally will not be responsible for anything outside the walls of your unit. That includes landscaping, driveways, exterior painting, patios & decks and all the work you would responsible for with a house. 3. PRIVACY: 6:25 -    • The Guide to Making The Perfect Buyin...   If privacy is one of your top factors then a single family home may be the way to go. Attached condos and townhomes are going to be sharing at least 1 wall and up to 4 walls with your neighbor. And detached condos are generally zoned to be only about 5 feet apart. 4. RISK: 6:52 -    • The Guide to Making The Perfect Buyin...   Condos do come with a bit of risk in the form of Special Assessments, HOA Management and potential lawsuits. 5. RESALE VALUE: 7:09 -    • The Guide to Making The Perfect Buyin...   Single family homes tend to hold their resale value stronger than a condo. You Can Find The Madrona Group here:   / themadronagroup     / themadronagroup     / themadronagroup   https://www.TheMadronaGroup.com Business inquires help@themadronagroup.com The Madrona Group Joe Kiser and Jason Fox John L. Scott Ballard | Madrona Group 206-899-5155 help@themadronagroup.com

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The Madrona Group | 7 John L. Scott Offices

2.4K subscribers