Partners Development Group

The Benefits of Condo Fees for Homeowners

From low-maintenance living to improved resale value, condo fees support homeowners and provide peace of mind from the moment you move in.

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Lifestyle
symon

No matter what type of home you buy, homeownership comes with costs; both expected and unexpected. One great way to manage the costs associated with buying a home is to consider purchasing a condo or townhome. 

Townhomes are modern, two or more storey homes that typically share one or more walls with another residence and sit on a smaller footprint than a detached home. While a townhome may have a smaller overall footprint, they still provide spacious homes that usually offer two or more bedrooms and bathrooms. Townhomes are the perfect option for right-sizers and first-time buyers alike. They equip buyers with increased affordability, flexibility and convenience - often located in amenity-rich communities, and within walking distance to all the necessities.

Low Maintenance Living

Living in a condo or townhome allows you to live a low-maintenance lifestyle. With a Partners townhome, condo fees include lawn and landscaping maintenance and snow removal; allowing you more time to enjoy doing the things you love. You won’t have to worry about buying or storing any landscaping tools and when you go on vacation, you can leave the weekly landscape maintenance chores behind! Condo fees even cover waste & recycling removal from the site; ensuring you always have great curb appeal at your home.

Save on Insurance

Condo fees with a Partners townhome also cover the overall building insurance. This means you will only have to obtain content insurance for your personal belongings and additional upgrades - saving you money on your new home.

Share Unexpected Costs

Owning any home comes with unexpected costs. Whether a Calgary storm leaves you needing exterior repairs, or a pipe burst causes some interior water damage, you’re protected! As a portion of your condo fees, your condo management group builds a contingency fund to help pay for regular maintenance, but also to ensure there is money available to cover any unexpected repairs that you may incur. Providing you with peace of mind with your new townhome.

Re-Sell with Confidence

One great benefit of condo fees that is often overlooked is that they help your home retain its value long-term. All of the added services and support that condo fees provide make the investment in a townhome far more appealing to future owners, as they can rest assured that they won’t be buying a home with any hidden issues or damage.

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Do Your Research

Condo fees aren’t the negative added cost that many people make them out to be. However, it is important to do your research, as not all condo fees cover the same things or provide the same benefits. When you buy a Partners townhome, your condo fees typically cover:

  • Landscaping and snow removal
  • Exterior building and common area maintenance and repair
  • Replacement value insurance
  • Waste removal
  • Contribution to your property’s contingency fund

With a Partners townhome, it is our priority to make sure you are able to live the low-maintenance lifestyle you desire, while knowing you are protected from any unforeseen costs.

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While condo fees may seem like an unnecessary and sometimes daunting expense as you search for your new home, the benefits they provide help you save time and money in the long-term while additionally adding value to your investment.

While condo fees may seem like an unnecessary and sometimes daunting expense as you search for your new home, the benefits they provide help you save time and money in the long-term while additionally adding value to your investment.

At Partners, we’re excited to offer beautiful, modern townhomes in multiple areas of the city. 

Northwest Calgary

Symon by partners townhomes in Evanston

Northeast Calgary

Central by partners townhomes in Skyview Ranch

Southwest Calgary

Arrive Crestmont townhomes & bungalows in Crestmont West

With some quick possession homes available, you could be enjoying the low-maintenance lifestyle sooner than you think. Visit any of our showhomes today to learn more!

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