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Sunriver Condo Information

By
Real Estate Agent with West + Main

Sunriver has several condominium complexes, each one has it's own covenants, conditions and rules (CC&R's), each has a Home Owners Association (HOA) which assess a fee. Most HOA fees are paid on a quarterly basis, the amount of these fees can make a difference on deciding if you can or want to afford a condominium.

Each of the HOA's in Sunriver have their own management or have hired the management to a company. There are generally yearly meetings to review the business of the previous year and the future. It is very important when considering purchasing a condominium that you know as much as possible about the HOA.

Fees can be changed from time to time and often your Realtor will not know this. If a HOA has voted to major repairs throughout the complex it is often paid for by raising the HOA fee. When you write an offer on a condominium the period of time for the CC&R''s and preliminary title report are even more crucial than a home in Sunriver. This document should tell you who manages the HOA - you should be contacting that HOA and double checking the HOA amount, a copy of the last year's meeting minutes is often times very helpful. Neither of these are generally provided to you without asking for them.

Today in the Sunriver Market the following prices are common for condominiums

There are 20 active condominium listings

4 are under $300,000

12 are listed between $300,000 and $400,000

2 are listed between $400,000 and $500,000

2 are listed between $500,000 and $600,000

The higest priced condo is $675,000 and the lowest is $335,000

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Thesa Chambers • Broker • RE/MAX Sunset Realty

541-771-7064 Cell • 541-536-0117 Office • 888-868-2050 Toll Free

Mailing Address • PO Box 3510, La Pine, OR 97739

Paula Henry
Home to Indy Team @ HomeSmart Realty Group - Avon, IN
Realtor - Indianapolis Real Estate - 317-605-4174
Thesa - Condo fees can make a difference between affordable or not. Good info for the buyer in Sunriver!
Jun 13, 2007 03:06 AM