UrbanTurf Reader Asks: Why Do Some Buildings in DC Have Such High Condo Fees?
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In this installment of UrbanTurf Reader Asks, a reader wonders why the monthly fees are so high at various condo developments in neighborhoods like Wesley Heights and the Southwest Waterfront.
Why do condo developments in certain pockets of DC like Wesley Heights and the Southwest Waterfront have such exorbitantly high condo fees? I have been casually looking for a condo for about four months and there have been a few times that I have found spacious one-bedrooms for about $225,000, only to learn that the monthly condo fees are upwards of $900! These developments do have a number of amenities (pool, gym, etc), but $900 a month still seems ridiculous.
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This article originally published at https://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_why_do_some_buildings_in_dc_have_such_high_condo_fees/1312.
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