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How to Create a Realistic Condo Budget

How to Create a Realistic Condo Budget

Every year, a condo corporation is responsible for drawing up a budget for the coming months. Many condos underestimate their budget for the year in an attempt to keep costs down, but Alwington Communities recommends another technique to better prepare yourself for the fiscal year. This blog breaks down the essential elements of the budget that must be considered, and the best practices for a Condominium Manager budgeting for their clients.

How to Maintain a Financially Healthy Condo Corporation

How to Maintain a Financially Healthy Condo Corporation

A financially healthy condo community requires a delicate balance. This blog breaks down the steps to ascertaining whether or not your condominium is financially healthy, what that means, and why it’s such an important factor. This way, your community is prepared for any unexpected hardships, and runs smoothly year after year.


Monitor the state of icicles during the winter, and if they reach a concerning size, make sure they are safely removed from the building to avoid falling ice.


By staying on top of your outdoor maintenance, a Property Manager keeps the entire community safe throughout the winter months. It’s important to start early, so make sure you’re winter-ready before the weather turns severe.


Four Steps to a Safe Community This Winter

Four Steps to a Safe Community This Winter

A staple of winter weather, icicles can form along any horizontal surface on a building. Some may look harmless, but depending on the location of your building and the seasonal weather, large icicles can become a serious safety hazard and even damage your eavestroughs.


Monitor the state of icicles during the winter, and if they reach a concerning size, make sure they are safely removed from the building to avoid falling ice.


By staying on top of your outdoor maintenance, a Property Manager keeps the entire community safe throughout the winter months. It’s important to start early, so make sure you’re winter-ready before the weather turns severe.