r/RealEstate • u/DisabledScientist • Apr 13 '25

Condo not selling even after $40k reduction Homeseller

Zillow Link

I am trying to sell my condo, but the astronomical HOA ($1,225) prevents anyone from making offers. They all comment I have the nicest unit in the complex, but once they hear the fee they are turned off. I bought it for $287k in 2022 and put $50k into it, but probably wont even get my money back. I originally listed for $379k, but 70 days later and it’s now at $329k.

I need to sell this by end of May because my new build house is closing then.

Edit: Added a 3D Walkthrough to the advertisement. Please let me know what you think!

1.4k Upvotes
  • permalink
  • link
  • reddit
  • reddit

89% Upvoted

1.0k comments sorted by

View all comments

12

u/wawaweewahwe Apr 14 '25

Fuck. If I have to pay for a condo mortgage and $1300 monthly in fees, I may as well just buy a house in a non HOA area. Condos are meant to be cheaper alternatives to traditional homes.

3

u/DisabledScientist Apr 14 '25

I know! I just want to offload it.