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Old 01-16-2008, 04:07 PM
 
2 posts, read 7,567 times
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I'm now working in the greater Hartford area and looking into buying a 2 bedroom condo (approx 1000 sq ft). Would like some information about the following topics:

heating cost
electricity cost
condo fees
property taxes
property insurance
cable/internet/phone

Thanks
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Old 01-16-2008, 06:49 PM
 
Location: Connecticut
14,607 posts, read 23,302,396 times
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These are some interesting questions which can vary depending on the condo. A few of them I can help with, maybe someone else can help with the others. Condo fees vary from complex to complex. figure around $200 to $250 per month. Insurance will probably be about $250 per year. Hope this helps. Jay
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Old 01-16-2008, 10:11 PM
 
Location: Northwest CT
148 posts, read 474,148 times
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Those all vary somewhat by town as well. Condo fees likely might run closer to around $150 to $200 and include insurance. But again, they vary by town and condo complex. What's your budget for purchasing a condo?
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Old 01-17-2008, 05:51 AM
 
Location: Tolland County- Northeastern CT
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My condo fee is $150 a month-effective this month, before it was $120. On average condo fees will vary in towns east of the river- but the average is around $150-200 a month.

Heating costs will also vary, on the size and age of the unit, and the type of energy used. I have Natural gas- and pay on the budget plan around $65 a month- my highest heating bill for my 1100 square foot two level end unit with lots of skylights and windows is about $135 a month in January and February- this month will be less for that stretch of mild weather. My unit was built in 1991.

My electric costs through C L & P for 2 people, electric drier and hot water- about $95 a month from October-May- during the summer with central air-higher.

Property taxes will average from $2,000-$2,600 per year. New construction will be more.
Property insurance for in the 'inside' of the unit will run about $170 a year- this means everything you own-personal items, etc. The exterior of the Unit, my association pays for- its included in the HOA. Most associations will not charge for exterior insurance needs, since its included in the HOA.

Cable TV from comcast costs me for an 'average plan' $60 a month- I have a bundled Internet/cell/lan phone through AT &T for $100 a month.

Town homes of 1000 square feet east of the river in South Windsor, Manchester, Vernon, Ellington will run from about $139-175K. New construction higher.

Last edited by skytrekker; 01-17-2008 at 07:31 AM..
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Old 01-18-2008, 02:17 PM
 
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Thanks for the feedback ... my range is in the $150k range
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Old 01-18-2008, 02:26 PM
 
Location: Tolland County- Northeastern CT
4,455 posts, read 2,588,703 times
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At 150K, you will have many options especially east of the Connecticut river in Tolland county. Good luck.

Last edited by skytrekker; 01-18-2008 at 02:56 PM..
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Old 01-19-2008, 03:17 PM
 
Location: Connecticut
14,607 posts, read 23,302,396 times
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Middletown has a number of nice condos in your price range as well. Jay
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