Potential home buyers sometimes discard the idea of buying a condo in Winnipeg because of the perceived ‘extra costs’ which condo fees add to the price. Condo fees may range from around $150 to well over $1000 (rare) dollars per month.
Buying a Condo in Winnipeg
But we need to realize that quite often the condo fees include certain benefits which would be an additional cost in a stand-alone house. For example, condo fees usually include water. Also, insurance and heating costs in a condo are normally quite a bit lower than an equally priced house. This makes buying a condo in Winnipeg are more attractive option than first thought. So lets take a look:
Condo Fees vs. Housing Expenses
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Also check out “Closing Costs When Buying A House Or Condo”