What You Get in a Back Bay Condo Fee
David Bates / May 14, 2012-12:42 pm
In my last post, I discussed what a Back Bay median condo fee was when a specific amenity was found to be included in the fee. In this post, I’ll touch upon how prolific specific amenities are in Back Bay condo fees.
The fee almost always includes master insurance, water and sewer.
About two out of three 2011 Back Bay condo sales included heat, hot water and an elevator in the fee.
About half included landscaping.
Only about one out of every five Back Bay condo sales had an exercise room and/or valet parking in the condo fee. As well, one out of five funded laundry facilities in the fee.
One out of eight had extra storage.
One out of nine had air conditioning.
One out of a little more than ten had a club room.
One out of 20 Back Bay condo fees funded the operation and maintenance of a pool.