Fee benchmarks

Red Deer condo fee benchmarks.

Aggregate condo fee bands and fee-inclusion patterns from the imported Matrix CSV.

Condo fee bands

$450-$599
647
$600-$799
163
$300-$449
1,336
$800+
29
Under $300
783
Unknown
4

Common fee inclusions

InclusionRows
Snow Removal2,487
Reserve Fund Contributions2,455
Heat2,368
Common Area Maintenance2,338
Trash2,292
Water2,242
Professional Management2,130
Sewer2,124
Insurance2,069
Parking1,310
Amenities of HOA/Condo923
Electricity879
Maintenance Grounds796
Interior Maintenance490
Caretaker478
Gas380
Cable TV329
Residential Manager259
Security81
Internet80

How to read fee benchmarks

  • A higher fee can be normal when heat, water, insurance, professional management, parking, or amenities are included.
  • A lower fee can be a risk signal if the building is older and reserve contributions are thin.
  • Compare fee per square foot only after confirming the square footage field is reliable.
  • Always read the reserve fund study and budget before treating a fee as good or bad.