• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TOWERS

Austin city life since 2007.

  • News
    • Condo Projects
    • Neighborhoods
  • Listings
    • Austin Condo Guide
  • Newsletter
Search
You are here: Home / Market Analysis / Updated: Building-by-Building Monthly Condo Fees
Search suggestions: condos for sale • rainey street

Updated: Building-by-Building Monthly Condo Fees

towers staff July 12, 2008 Comment

One of the most common questions asked by first time condo buyers — especially in Austin where the popularity of condos is rapidly on the rise — is how much individual buildings charge in monthly condo fees.

Condo fees fund the daily operations and maintenance of most condo buildings. They cover security, landscaping, cleaning of common area, common area energy use, maintenance, and other key building functions. On average, our research shows, condo unit owners can expect to pay $0.42 / SF / per month or $420 in monthly condo fees for a 1,000 SF unit. For more information on total condo costs, check out our detailed posting on condo cost of ownership.

Looking at detailed MLS records on a broad range of units and through tips from buyers, we’ve calculated the rough fees for most of the major downtown condo buildings. The fees are universally calculated on a dollar-per-square foot basis that typically remains constant on all units throughout each building. So, condo fees are not higher for more expensive units, or units with more bedrooms, or units on higher floors compared to less desirable units of the same size in the same building.

The prices in new buildings that we have looked at are surprisingly varied — they range from $0.28 / SF / Month to $0.64 / month — an amazingly broad range. If anyone has numbers for other buildings, send them to us and we will add them to the list. Apprearing for the time on the list is Spring with monthly condos fees of $0.38 per square foot.

Here is our updated list of condo fees by project:

Fee by Building – – – – – $ / SF / Month
Avenue Lofts
……………..$0.28
Milago
…………………..$0.31
The Sabine
……………….$0.33
360
……………………..$0.33
Plaza Lofts
………………$0.33
The Shore
………………..$0.36
Spring…………………. $0.38
Five Fifty Five Condos…….$0.40
W Hotel & Residences
………$0.61
Four Seasons Residences
……$0.61
Austonian
…. . . . . . . . .$0.64
Average………………….$0.42

Related

Filed Under: Market Analysis

About towers staff

Real estate, architecture, and city planning. Email: austin@towers.net

109 E 10th Street
Austin, TX
Photo of 109 E 10th Street, Austin, TX 78701 (MLS # 6369878)
$3,200,000
24
  • Lot Size
    2,614 sqft

  • Home Size
    4,916 sqft

  • Beds
    7 Beds

  • Baths
    4 Baths

Previous Post: « Four Seasons Residences: Austin’s Most Over-the-top Rendering
Next Post: Hasta La Vista: La Vista on Lavaca? »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  •  Schedule a showing

Featured Buildings

  • 360 Condos
  • The Independent
  • 70 Rainey
  • Milago Condos
  • Seaholm Condos
  • The Shore
  • W Hotel & Residences

FEATURED Listings

360 Nueces Street #1901
Austin, TX
Photo of 360  Nueces Street #1901, Austin, TX 78701 (MLS # 3546486)
$525,000
38
  • Lot Size

  • Home Size
    801 sqft

  • Beds
    1 Bed

  • Baths
    1 Bath

54 Rainey Street #1118
Austin, TX
Photo of 54  Rainey Street #1118, Austin, TX 78701 (MLS # 2023262)
$995,000
37
  • Lot Size
    436 sqft

  • Home Size
    1,956 sqft

  • Beds
    2 Beds

  • Baths
    3 Baths

800 W 5th Street #808
Austin, TX
Photo of 800 W 5th Street #808, Austin, TX 78701 (MLS # 4895650)
$1,699,900
40
  • Lot Size
    436 sqft

  • Home Size
    2,422 sqft

  • Beds
    2 Beds

  • Baths
    2 Baths

View Virtual Tour
109 E 10th Street
Austin, TX
Photo of 109 E 10th Street, Austin, TX 78701 (MLS # 6369878)
$3,200,000
24
  • Lot Size
    2,614 sqft

  • Home Size
    4,916 sqft

  • Beds
    7 Beds

  • Baths
    4 Baths

52 Waller Street #B
Austin, TX
Photo of 52  Waller Street #B, Austin, TX 78702 (MLS # 5876606)
$1,400,000
37
  • Lot Size
    9,148 sqft

  • Home Size
    2,400 sqft

  • Beds
    4 Beds

  • Baths
    4 Baths

View Virtual Tour

Footer

LEGAL NOTICE

TREC Information About Brokerage Services (pdf)

Texas Real Estate Commission Consumer Protection Notice


TOWERS realty

Browse Condo Listings

Agents

Downtown Buildings

Luxury Towers

  • Four Seasons Residences
  • W Hotel & Residences
  • The Austonian
  • 5 Fifty Five at Hilton

Most Popular

  • The Shore
  • 360 Condos
  • Seaholm Condos
  • Spring Condos
  • Milago Condos

New Construction

  • The Independent
  • 70 Rainey
  • Austin Proper
  • Fifth & West

Loft Style

  • Austin City Lofts
  • Brazos Place
  • The Sabine
  • Plaza Lofts
  • Avenue Lofts
  • Brazos Lofts
  • Brown Building

Resources

  • Austin Condo Guide
  • Condos For Sale
  • Condo Buyer FAQ
  • Property Search

Featured

Archives

Austin city life since 2007 · Newsletter · About · Contact Us · DMCA · Privacy Policy · SLAPP · Copyright © 2007-2021 TOWERS.net · All Rights Reserved