The price of a condo is only one component of the final cost. In addition, you'll need to think about monthly condo fees, property taxes, utilities, etc. The good news is that the price is relatively fixed: unlike owning a single family house, you won't need to worry about surprise maintenance projects like a new roof or new AC that can cost thousands of dollars.Here are cost estimates for three size condo units in a new downtown high-rise development:Typical 1-Bedroom UnitSquare Feet: 750Price: $281,250Monthly Payments: Mortgage: $1517 Condo Fees: $255 . . .
