Buying a Condo or Townhome in Spokane: Fees, Rules & Resale

Buying a condo or townhome in Spokane can be an exciting way to enjoy homeownership with less maintenance, access to amenities, and strong community living. But what do you need to know before making an offer? From understanding monthly HOA fees to decoding community rules and planning for future resale, there are critical steps that can save you time and stress. As a Spokane real estate agent, I’m writing this guide to walk you through the key things you need to know.

What Makes Condo and Townhome Living in Spokane Appealing?

Spokane has become increasingly popular for homebuyers seeking the balance of affordability, location, and lifestyle. Here’s why condos and townhomes are attractive choices:

• Low-maintenance lifestyle: Exterior upkeep, landscaping, snow removal, and sometimes even utilities are handled by the HOA.

• Prime locations: Many Spokane condos are located in walkable neighborhoods like Kendall Yards, the South Hill, and near downtown.

• Affordable entry point: Compared to single-family homes, condos and townhomes in Spokane often have a lower purchase price.

• Community amenities: Pools, clubhouses, fitness centers, and gated entries are common perks.

📌 Top neighborhoods for condos in Spokane

What Fees Should You Expect When Buying a Condo in Spokane?

Understanding your financial commitment beyond the mortgage is essential when buying a condo in Spokane.

HOA Dues: What They Cover & Average Costs in Spokane

When you buy a condo, you’re not just paying for your unit—you’re also contributing to shared community maintenance. HOA dues typically cover:

• Groundskeeping and snow removal

• Building insurance (not personal unit insurance)

• Exterior maintenance (roofs, siding, gutters)

• Amenities (clubhouse, gym, pool)

• Reserve funds for future repairs

Average Spokane HOA fees range from $150–$450/month, depending on the location, size of the community, and included amenities.

💡 Tip: Always request the most recent HOA financial statements and reserve studies during your due diligence period.

One-Time Costs to Watch For

In addition to monthly fees, there may be one-time charges such as:

• Transfer fees (when changing ownership)

• Move-in/move-out fees

• Reserve contributions required at closing (especially in new or underfunded communities)

Rules and Restrictions: What Spokane Condo Buyers Must Know

Each condo or townhome community in Spokane is governed by an HOA, which enforces specific rules designed to preserve the property's value and harmony.

Common HOA Rules in Spokane Area Communities

Some of the most frequently asked questions by buyers involve restrictions such as:

• Pet policies: Limits on the number, size, or breed of pets

• Rental rules: Short-term and long-term rental restrictions vary widely

• Parking limitations: Assigned vs. guest parking, street parking restrictions

• Exterior decor restrictions: Holiday lighting, satellite dishes, planters, etc.

What to Review Before Buying

Ask for and review the following before closing:

• Full HOA bylaws and CC&Rs (Covenants, Conditions & Restrictions)

• Most recent HOA meeting minutes

• Any special assessments that have been levied or are being considered

• Rules enforcement practices and penalty structures

Resale Considerations: Will Your Spokane Condo or Townhome Hold Value?

Spokane’s condo and townhome market can offer strong resale opportunities—but that depends on several local factors.

Factors That Influence Resale in the Spokane Market

• Location matters: Condos in central Spokane or near the river tend to appreciate faster.

• HOA management: A well-run, solvent HOA adds resale appeal.

• Community condition: Regular maintenance and curb appeal affect buyer perception and pricing.

Strategies to Maximize Resale Value

To ensure your condo holds or grows in value:

• Look for units in well-maintained communities with strong reserves.

• Consider townhomes with attached garages—they often attract higher resale prices.

• Make interior upgrades that are HOA-compliant but enhance functionality and aesthetics.

Should You Work with a Spokane Realtor When Buying a Condo?

Absolutely. Working with a local Realtor—especially someone familiar with Spokane’s unique condo and townhome market—can save you from unexpected issues and help you find the best long-term fit.

As your Spokane real estate agent, I can:

• Help you analyze HOA documents

• Identify red flags in community finances

• Recommend neighborhoods based on your lifestyle

• Negotiate terms that protect your interests

🏡 Ready to explore Spokane condos or townhomes? Let’s talk about your goals and timeline—no pressure, just expert guidance.

Final Thoughts: Take the Smart Approach to Buying a Condo in Spokane

Buying a condo or townhome in Spokane offers great opportunities for low-maintenance living, community connection, and long-term value—but only if you understand the fees, rules, and resale potential from the start. With the right strategy and local guidance, you can move forward with confidence.

Let’s connect when you’re ready to tour condos or review listings together. Spokane has the right property for you—it just takes a smart plan to find it.

FAQs About Buying a Condo in Spokane

• What are typical HOA fees when buying a condo in Spokane? HOA fees in Spokane generally range from $150 to $450 per month, depending on amenities and location. Fees typically cover exterior maintenance, snow removal, and shared utilities.

• Are there pet restrictions in Spokane condo communities? Yes, many Spokane condo HOAs limit the number, size, or breed of pets. Always check the HOA’s rules and bylaws before purchasing if you have pets.

• What resale value can I expect from a Spokane townhome? While resale value varies, well-located townhomes with garages and modern interiors tend to appreciate steadily. Location, community upkeep, and HOA strength all impact resale potential.

• Is buying a condo in Spokane a good idea for first-time buyers? It can be! Condos offer a more affordable way to enter Spokane’s housing market. Just be sure to review HOA rules, fees, and long-term ownership costs with a local real estate expert.

📌 Related Blog: How to Buy a House in Spokane

About Me

My name is Nick Briggs

Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals.

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