Sunnyvale condos (condominiums): The average price range for Sunnyvale
condo's are 285,000-700,000.The average selling price is about $500,000.
Condo's price range in Redwood City is from $200,000 to $700,000.
Average selling price is about $445,000. In San Carlos the average
selling price of the condo's and townhouses are $500,000. The price
range would be from $300,000 to $800,000.
The owner of a condo has a deed for the unit and owns it as "fee
simple". They pay property taxes on the unit based on the purchase
price, pay a Homeowners Association fee monthly that covers things
like maintenance of the exterior, landscaping, roofs (frequently but
not always), liability insurance, common water and electricity, and
most typically have a loan on the property. The owner may have an
exclusive easement for the use of a patio/yard/balcony and parking
space(s) plus an interest in the common areas of the complex. The
owner owns from the paint on the walls into the airspace within the
unit. The HOA is responsible for everything within the walls usually.
The value of a condo is determined by the location, values of other
units in the complex and other similar complexes, condition of the
unit as well as the general market for reselling condos at the time
the seller wants to market the property. When looking at a condo to
purchase, it may be a wise idea to ask other owners in the complex
what and how they like living there. They may tell you things you
could not learn any other way!
Condo complexes in Sunnyvale are located in many areas of the City
so depending in a buyer's needs and price range, there may be many
possibilities. The same is true for most of the surrounding cities.
Some cities have more condo complexes and differing sizes of units
than other cities. Prices also vary considerably. If access to the
freeways, a pool, noise or other factors is important to you, be sure
to ask about them prior to purchasing a unit. In Sunnyvale, the real
estate agents provide with buyers with all the documents needed to
learn about a complex prior to purchase but there are some issues
you may not learn about unless you ask many questions since they may
be quality of life issues for you and not for someone else. A major
issue to consider when purchasing a condo is the number of absentee
owners in a complex. Some lenders will not make loans if the percentage
of rental units is very high. This is one of the items detailed to
a buyer prior to purchase.
Condos provide one of the less expensive possibilities for owning
real estate in Sunnyvale and the surrounding cities. They can be a
joy to live in since there is less maintenance for the owners. They
can also be a problem if aggregate living is not an acceptable alternative
for a buyer.
Sunnyvale homes for sale (guide)
Sunnyvale condos
Sunnyvale resale homes
Sunnyvale townhomes
Building a house in Sunnyvale
Sunnyvale new homes
Sunnyvale luxury homes
Sunnyvale duplexes
Sunnyvale triplexes
Sunnyvale investment property
Sunnyvale residential real estate
(attached generic definitions)
Sunnyvale residential real estate
(detached generic definitions)