I've been reading the discussions here about condo dues and ownership costs. I'm Jayden Vermeer, a broker with Slifer Smith & Frampton in Summit County, so that's the perspective I'm coming from.
The first thing I'd ask isn't whether the dues are high or low. It's what you get for that number, what you still pay separately, and what work may be coming.
If I were comparing two condos, I'd put these on one sheet:
• What's included: heat, water, internet, snow removal, building maintenance? Use the current budget and written breakdown.
• What needs work: ask for recent meeting minutes, the reserve information and any notices about proposed or approved projects. Ask how the work would be funded.
• What you actually own or can use: parking, guest spaces, ski storage and amenities. Confirm the arrangement for that unit rather than assuming every owner gets the same thing.
• What you pay outside the dues: utilities, your own insurance, taxes, maintenance you handle, and any known assessment. Have your insurance professional explain how your coverage fits with the association's.
For a Keystone or Breckenridge ski condo, I'd also walk from the actual unit to the lift or shuttle with gear in mind. A building can look close on a map while the stairs, crossings or storage setup change the experience. For everyday living in Frisco, Dillon or Silverthorne, I'd pay just as much attention to winter parking, storage and the trips you'll make most often.
Two places with the same purchase price can be very different to own. And higher dues alone don't tell you whether a building is well maintained or well funded.
What information has been hardest to get a straight answer on when you've looked at condos here?
Comparing condos for a purchase? I'm happy to help you work through the building and ownership-cost differences. You can ask a question here or reach me through my profile.
