Reno condos (Condominiums): Condos be found throughout Reno. Owner
has a deed for unit, has a separate mortgage, pays property tax on
the unit plus a percentage of the common areas and pays a monthly
maintenance fee. A board of directors governs the complex with the
owner having one vote. The condo owner has a fee simple absolute unrestricted
ownership and is individually responsible for property taxes and maintenance
fees. Use the sales price of condominiums with similar size, appeal,
age, neighborhood in Reno, incurring similar maintenance fees, etc.
to determine market value. Ask owners in the complex what they like
and dislike about both the unit and the complex. How good is the sound
proofing? End units and upper units generally sell for more when sound
comes into play. How is its location in the complex? Is it near downtown
Reno or will you have to commute? Next to an access street, parking
facility, pool? Look for units that are not adversely affected by
these. Stay away from predominantly rental condo complexes in Reno,
those having more occupants that are renters. They are often poorly
maintained as absentee owners usually vote against improvements and
increases in maintenance fees. When buying condos in Reno, it is always
good to ask lots of questions.
Reno homes for sale (guide)
Reno condos
Reno resale homes
Reno gated communities
Reno townhouses
Building a house in Reno
Reno cooperatives
Reno bungalows
Reno new homes
Reno luxury homes
Reno duplexes
Reno triplexes
Reno investment property
Reno lofts
Reno residential real estate
(attached)
Reno residential real estate
(detached)