If you haven’t already, click here to read an introduction to the “Price Check” series before you get started.
Our goal is to help you find the right home in the right neighbourhood. That said, everyone has a budget. This post is about what you might expect to pay for a condominium in the area of Carlingwood and what the condominium fees may be.
Every condominium in this area is different and will demand a different price, but one of the best indicators of what to expect in the future is the past. See our profile of Carlingwood: here.
27 condominiums were sold in the past six months in Carlingwood. The following chart shows how many condominiums were sold in each price range(000s). The majority sold for between $200,000 to $250,000.
The current market reflects the past 6 month trend, with prices ranging from $179,000 to $355,000 and averaging $251,000. As discussed in another post, “Condo Fees: Pay Now or Pay Later“, there are many benefits to condominium ownership. The downside is that the fees add to your monthly costs. Condo fees vary and so does what they cover. The value in each fee has to be assessed from condo to condo. That said, the following numbers are helpful for budgeting purposes. For the 13 condominiums sold in the past six months, monthly condo fees ranged from $181 to $1040 per month, with an average fee of $495. For the 13 condominiums currently on the market in Carlingwood, the condominium fees range from $441 to $917, with an average fee of $595.