10 Questions to Ask Before Buying a High-End Condo

10 Questions to Ask Before Buying a High-End Condo

"What if I sell my home and regret moving into a condo?"

That’s the fear, right? You love the idea of maintenance-free living, high-end amenities, and a prime location, but what if you make the move and it’s not what you expected?

Buying a luxury condo is a big decision, and the key to feeling confident about your move is asking the right questions before you buy. Whether you're downsizing from a larger home or simply looking for a more refined lifestyle, these 10 questions will help you make an informed decision—one you won’t regret.

1. What’s Included in the HOA Fees?

Luxury condos often come with top-tier amenities—think large pools, fitness centers, concierge services, and private lounges. But all those perks come with a cost. Before you fall in love with the lifestyle, ask: What exactly do my HOA fees cover? Some buildings include utilities, maintenance, and even valet parking, while others have additional charges for these services.

2. How Financially Stable is the Condo Association?

A well-run condo association is crucial. Request to see the HOA’s financial statements, reserve funds, and any pending special assessments. If the association isn’t well-funded, you could end up facing unexpected costs for major repairs like roof replacements or lobby renovations.

3. What Are the Resale Values Like?

Even if you think this will be your forever home, life happens. How easy will it be to sell your condo if needed? Check recent sales in the building and see if condos appreciate over time. Some high-end condos hold their value better than others, depending on location, demand, and building reputation.

4. Are There Any Upcoming Assessments or Fees?

Nothing is worse than moving in, only to get hit with a massive special assessment for things like structural repairs, new elevators, or updated common areas. Ask upfront if there are any planned projects that owners will need to contribute to financially.

5. What’s the Building’s Pet and Rental Policy?

Even if you don’t have pets, knowing the rules is important. Some condos have weight limits or breed restrictions. And if you ever need to rent your unit, some buildings allow it freely, while others impose strict regulations (or forbid it altogether).

6. How is Parking Handled?

Luxury condos often offer valet service, deeded spaces, or underground garages. How many parking spaces come with the unit? Can you buy or lease extra spots? If you have guests often, is visitor parking available?

7. What’s the Noise Level Like?

A sleek, modern condo might look stunning, but if it has thin walls, you could be hearing your neighbor’s every move. Visit the building at different times of the day to check noise levels. Also, ask about soundproofing—especially if you’re on a lower floor.

8. How Secure is the Building?

One of the biggest benefits of high-end condo living is security. But not all buildings are created equal. Is there 24/7 security? Do residents have key fob access? Are there cameras in common areas and parking garages? These details can make a big difference in your peace of mind.

9. What’s the Community Like?

Luxury condo buildings can have vastly different atmospheres. Some cater to young professionals, others to retirees, and some have a mix. Attend an open house or talk to current residents to get a feel for the vibe. If you’re looking for social engagement, check if there are resident events or clubs.

10. What’s the Magic Question?

Here’s the golden question: “If you were to buy in this building again today, would you?”

This simple yet powerful question, directed at current residents or even the condo’s management team, can reveal hidden issues or reassuring insights that no listing description will tell you. If the answer is hesitation—or a straight-up “no”—it’s a red flag. But if they enthusiastically say “yes,” you know you’re on the right track.

Final Thoughts: Is Luxury Condo Living Right for You?

Buying a high-end condo is more than just picking a beautiful unit—it’s about choosing a lifestyle. By asking these questions, you’ll avoid costly surprises and ensure that your new home truly aligns with your needs and expectations.

Thinking about making the move but unsure where to start? Let’s talk. I help homeowners simplify the transition into luxury condo living and can guide you through the process, from selling your current home to finding the perfect new space. Reach out today, and let’s explore your options together.