LUXURY CONDOS
Iowa City Area Condominium Communities
SPACE - QUALITY - ELEGANCE - PRIVACY
Condominium Living offers today's buyers unprecedented options as well as peace of mind and equity buildup. You have the advantage of ownership without the hassles of maintenance, and without compromising on Space, Quality, Elegance and Privacy.
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Luxury Ranch Walk-Outs cut into the timber at |
Sophisticated 2-Stories Townhomes with Golf Views at |
A Condominium is actually a legal definition that refers to the method of ownership, not the type of building. Any type of home - including single family detached home, zero lot line, townhome, duplex - can be a condominium.
When you buy a condo, you own the interior space of your home outright. A monthly association fee covers general repairs and maintenance to the common areas as well as building up a cash reserve for future needs. The normal day-to-day maintenance of the grounds such as landscaping, snow removal, garbage pickup, are the responsibility of the association, while interior maintenance and repairs are the responsibility of the individual owner. For many people, the small monthly cost is offset by expenses they used to have when they lived elsewhere.
Condominium ownership is emerging as the strongest segment of today's real estate market in part due to the fact that it draws from a large pool of potential buyers: first-time homebuyers, working professionals who do not want or desire the upkeep associated with a house, empty-nesters ready to let go of the big house. In response to this increasing demand, condominium developers are offering a vast array of floor plans and amenities to chose from.
Today's sophisticated condo buyer has the choice of flexible and expansive floor plans, of luxury ranch walk-outs or sophisticated 2-stories with private elevators. Interior features can include 2 to 5 bedrooms, generous master suites with luxurious bathrooms, 3 or 4 seasons rooms, open living space or formal living/dining, 2 or 3 car garages, decks, wooded views, golf views, ect... By getting involved early in the building process, you can even customize floorplans and finishings to your exact tastes and requirements. Gone are the days when the word condo was synonymous with popcorn ceilings and confined spaces!
