,

I hope you are well. 

I put this snap shot of condos currently for sale together with you in mind (attachment at very bottom of email);

Considering what we've reviewed in past, I thought this could help you in any future decision making. It focuses on Condo's for sale with a list price of $120,000 or less, and condo fees of $400 or less. 

In many cases when searching just by price, there are a ton of low cost condo's, but there are issues with location, condition, and condo fee costs.

While every property needs to be "vetted" to address risks and rewards, by targeting slightly higher prices and capping condo fee costs, you get a short list of properties where overall costs as similar to lower priced units, but with potentially less risks; ie carrying costs like $400-600/month in condo fees, not to mention a possible mortgage costs, location & condo association's health / special assessments etc.

If you'd like any more info, or to see the details on any of the specific units please don't hesitate to ask! 

On a related point - for about $1000/month in mortgage costs (assuming a 3 year term with 25yr amortization at 3.6%) you may want to consider low cost single family home options (no condo fee), detached or attached.

You'd have to consider costs for taxes, maintenance and utilities - but keep in mind that $1000/month buys $200,000 in mortgage! ... There are currently over 50 available under $200 right now! (ask for details)

If you'd like to discuss this or anything "real-estate" related - I am always here and happy to do so! 

I have also enclosed a link to a special event We are hosting at the Valley Zoo in August, no cost, exclusive to Maxwell Invitee's only, a great occasion for all ages! See the details in a 1 min video here and print your complimentary tickets at www.maxwellfamilyfun.ca (use password: maxwell) or by clicking on this pic:

John J Fraser,

REALTOR®

Cell: 7804997720 

www.jfsells.com

Email: John@jfsells.com

Facebook: fb.com/edmontonrealtypro

Click here to download the most accurate, up-to-date MLS Search App featuring augmented reality search, large photos, advanced filters & more! or Text; JFSELLS to (587)414-0147

Maxwell Challenge Realty

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Maxwell Challenge Realty, 201, 6650 177 St NW, Edmonton, Alberta T5T4J5 Canada

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