Attached housing has its own market story right now
Colorado real estate voices have been clear: condos and townhomes have faced pressure from rising HOA and insurance costs. (Colorado Association of REALTORS)
DMAR also noted attached prices dipped in 2025 while the overall market stabilized.
That matters in condo- and townhome-heavy areas like Denver, Englewood, Littleton, Greenwood Village, Lone Tree, and Centennial.
What buyers should ask before buying attached housing
1) What do the HOA dues cover, and what do they not cover?
Some HOAs include exterior maintenance, insurance, amenities. Others do not.
2) Are dues rising, and why?
Ask for recent budgets and dues history. “Rising costs” is normal; the why is what matters (insurance, maintenance, reserves).
3) What do the reserves look like?
Low reserves can mean special assessments later.
4) Any upcoming special assessments?
This can affect affordability more than your interest rate.
5) Is the community warrantable?
Some lending rules affect condo financing. A good lender and agent can flag issues early.
How sellers can position attached homes to win
- Price with the HOA in mind (buyers calculate total monthly cost)
- Offer concessions if needed (common in today’s market)
- Highlight what makes the community truly livable (parking, storage, walkability, updates)
Keenan Real Estate tip: Attached housing can be a great entry point, but it requires smart due diligence. We help buyers compare HOA documents, costs, and resale risk before you commit.
