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Please tell me that you are kidding.
The age old complaint about Body Corporate fees really amazes me. The only difference between Body Corporate fees and basic house maintenance is that with Units, you actually know in advance what your bill is going to be.
With houses (especially old ones) you just keep dipping into your back pocket to pay unforseen bills.
When you compare Strate fees to the cost of running a house over 12 months, in most cases the unit will come out cheaper than the house.
Compare a unit with B/C fees of $2000 a year and rates of $1,500 a year Total $3,500 a year) to a house that you don't have B/C fees but have rates at $2000 a year Building Insurance at $500 a year plus all of those unthought of expenses like garden maintenance ($500 a year), painting $15,000 every 10 years), fence maintenance ($2000 every 10 years), rubbish removal ($50 a year), Roof and guttering maintenance ($10,000 every 10 years), Pest treatments ($300 a year) - What are we up to now? Around $6,500 a year.
Give me Body Corporate fees anytime.
You also don't need to have building and liability insurance because body corp are paying it
Compare a unit with B/C fees of $2000 a year and rates of $1,500 a year Total $3,500 a year) to a house that you don't have B/C fees but have rates at $2000 a year
Please tell me that you are kidding.
The age old complaint about Body Corporate fees really amazes me. The only difference between Body Corporate fees and basic house maintenance is that with Units, you actually know in advance what your bill is going to be.
With houses (especially old ones) you just keep dipping into your back pocket to pay unforseen bills.
When you compare Strate fees to the cost of running a house over 12 months, in most cases the unit will come out cheaper than the house.
Compare a unit with B/C fees of $2000 a year and rates of $1,500 a year Total $3,500 a year) to a house that you don't have B/C fees but have rates at $2000 a year Building Insurance at $500 a year plus all of those unthought of expenses like garden maintenance ($500 a year), painting $15,000 every 10 years), fence maintenance ($2000 every 10 years), rubbish removal ($50 a year), Roof and guttering maintenance ($10,000 every 10 years), Pest treatments ($300 a year) - What are we up to now? Around $6,500 a year.
Give me Body Corporate fees anytime.