What’s cheaper: a home or a condo with high maintenance fees?

This came in from Jasin in Mexico City:

I’ve noticed relatively high maintenance fees for condos and have also heard of tenants not paying them for such reasons. I imagine no one would advise not to pay their maintenance fees but essentially you could get a higher mortgage and own a house instead of a condo (fee simple property at least) for the same monthly amount. Would you recommend buying a condo or a single family house on Oahu? Hearing about pros / cons about both would be very helpful. Mahalo nui and hoping all are staying safe and healthy.

This short clip came from our Aloha Friday Hawaii Real Estate Show which goes live every other Friday on our Hawaii Real Estate YouTube channel or our Living in Hawaii Facebook page

Get educated about Hawaii’s real estate from trusted experts with decades of experience.   Send us yours via the form below for consideration and make sure you give your name and location so we can give you a shout out if we decide to answer it!

Open form in mobile browser