Selling
Downsizing From Davie Acreage to a Condo: Cost Comparison
Quick answer
A condo can trade lawn, barn and pool upkeep for a monthly association fee — but that fee may cover some insurance and utilities while adding special-assessment risk. Compare line by line using your own bills and the condo's actual budget, and remember your tax bill will be reset on the new purchase.
Compare ownership boundaries, not just the advertised condo dues
§718.111 addresses condominium records and association insurance. Review the actual master policy and declaration before assigning exterior, interior or deductible costs.
§718.112 addresses budgets and structural-integrity reserve studies for applicable buildings. Verify whether requirements apply and obtain the latest documents; condo status alone does not establish a fully funded roof reserve.
BCPA estimator use parcel-specific post-purchase assumptions and confirm portability rather than carrying over the acreage tax bill.
Line-by-line comparison worksheet
| Cost | Acreage home | Condo |
|---|---|---|
| Property taxes | Your current bill | Re-estimate at new price |
| Insurance | Whole structure | Interior (HO-6) + master policy via dues |
| Maintenance | Roof, lawn, fences, barn, pool | Confirm common-element and owner maintenance obligations in the declaration |
| Utilities | Well/septic or water bills | Check what dues include |
| Association | Maybe none | Monthly dues + possible special assessments |
Questions before you buy the condo
- What do the dues include?
- Are there pending or recent special assessments?
- Has the building completed required inspections and reserve studies?
- Are there pet, parking or rental rules that matter to you?
Selling the acreage
Acreage properties may take a different buyer pool. Plan the sale timing so you're not carrying both homes longer than expected.
Related Mora Realty Davie pages
Sources
- §718.111 — Addresses condominium records and association insurance
- §718.112 — Addresses budgets and structural-integrity reserve studies for applicable buildings
- BCPA estimator — Use parcel-specific post-purchase assumptions and confirm portability rather than carrying over the acreage tax bill.