"Door County Real Estate" by: Kevin Nordahl, REALTOR®
The Pros and Cons of Condominium Ownership (Portions reprinted by permission of National Association of REALTORS)
Condominiums and townhouse offer another option to single-family homes in most areas of Door County. But consider these factors before you buy.
Storage. Some condos have storage lockers, but usually there are no attics or basements to hold extra belongs. This has led to many newer developments including large garages to their units.
Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be perfect option for you. Many of the newer developments in Door County offer additional green space and recreation areas in response to criticism to the contrary.
Amenities. Many condo properties have swimming pools, fitness centers, and other facilities that would be very expensive in a single-family home.
Maintenance. Many condos have onsite maintenance personnel to care for common areas, do repairs in your unit, and let in workers when you're not home.
Security. Many condos have keyed entries and or even doormen or security systems. Plus, you'll be closer to other people in case of an emergency.
Reserve funds and association fees. Although fees generally help pay for amenities and provide savings for future repairs, you will have to pay the fees agreed to by the condo board, whether or not you're interested in the amenity.
Resale. The ease of selling your unit is more dependent on what else is for sale in your building, since units are usually fairly similar. Single-family homes are usually more individual, so even if there are others for sale in your area, they probably won't be exactly like yours.
Freedom. Although you have a vote, the rules of the condo association can affect your ability to use your property. For example, some condos prohibit home-based businesses. Others prohibit pets. Read the covenants, restrictions, and bylaws of the condo carefully before you make an offer. Ask your salesperson about Wisconsin’s rescission period to any condominium offer to purchase.
Proximity. You're much closer to your neighbors in a condo or town home. Look at profiles of the other owners to be sure you'll be comfortable. If possible, try to meet your closest prospective neighbors.
Kevin Nordahl is a life-long resident of Door County, a REALTORŪ and a member of the Door County MLS. He is a Past President of the Door County Board of REALTORS® and a Senior Sales Consultant at Coldwell Banker Door County Horizons in Fish Creek. He may be reached online at knordahl@doorcountyrealestate.com or by phone at (920) 493-4004.
Kevin Nordahl is a life-long resident of Door County, a REALTORŪ and a member of the Door County MLS. He is a Past President of the Door County Board of REALTORS® and a Senior Sales Consultant at Coldwell Banker Door County Horizons in Fish Creek. He may be reached online at