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Assessment Fees

December 11th, 2020 at 02:53 pm

As a condo owner, I pay assessment fees each month.  I just got notice that my fees are going up by 5%, which will make them $445.00.  This will begin just before Christmas.  I've made the adjustment in my budget.  Add to this the rise in laundry cost -- from $1.50 per load to $2 -- it is clear the HOA is feeling the pinch.  These are small amounts but I will have to make up the difference somewhere.

2 Responses to “Assessment Fees”

  1. CB in the City Says:
    1607777818

    Yes. I don't know why they call them assessment fees.

  2. Wink Says:
    1607778033

    When I first moved in to my condo three years ago my HOA fees were $185 per month, and are now at $190, so just one small increase so far.

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