Jimrpa
Well-Known Member
- First Name
- Jim
- Joined
- Sep 10, 2020
- Threads
- 297
- Messages
- 9,547
- Reaction score
- 12,874
- Location
- Wayne, PA
- Vehicles
- 2021 Infinite Blue Premium Mustang Mach E ER AWD
- Occupation
- Retied (formerly tried to herd highly technical, independent cats)
You’ve GOT to be kidding! HOA fees on parking spaces?! Thank god I don’t live in a city. My garage and driveway belong to me and the HOA doesn’t charge a separate assessment on them. There would be a riot if they tried (well, actually, the apathetic slugs where I live wouldn’t notice it and just do whatever the politburo tells them to do).Ok, let me elaborate. The first 6 floors of the building is a garage that has 220 spaces. All these spaces are deeded to / owned by condo owners. The HOA doesn’t own anything except the common elements. So if you want to buy another vehicle, you have to buy (or rent) a space. The cost is around $30,000 and that is lower than what it was pre-pandemic. All properties are down ~10-15% due to work from home, crime, etc.
We also have to pay HOA fees and property taxes on the space, around $200/ month.
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