The Boulder Peloton Amenities, Benefits, and Fees
The Boulder Peloton condos come with many amenities that other developments don’t include. Does that come with a higher price? Perhaps so, but we need to evaluate if the fees are reasonable relative to the services provided.
Many Boulder condos, even fairly old ones, come with a condo fee in excess of $200 and sometimes even over $250 with very little in the way of services and amenities.
That’s sometimes just what it takes to cover basic needs like trash, snow removal, a fund for capital improvements and insurance.
The Peloton comes with a large number of additional or ‘unique’ services, and they structure the fees around the size of the home at the project. I have the formula here, and a run down on the list of things you get for you to review.
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Benefits of the Peloton include the same old stuff like water, sewer, trash, recycling, and maintenance.
And the Peloton also includes the insurance, gas, heat, AC unit on the roof, Eco bus pass, and community center that can replace a gym membership.
Bicycles, a Dog park, Security, on site maintenance staff, on site property management, Window cleaning, a Game Room with plasma televisions, billiards tables, shuffle board, poker tables, a private movie theater, special private meeting rooms, and all the amenities available to them in the community center like the pool (Boulder’s only year ’round rooftop pool), hot tubs, fire pits, and Free Wi Fi.
To determine the monthy homeowner’s association cost, the formula is $3.41 x the square feet of the property, and divide by 12.
So a 1000 square foot home, is roughly $284.
Whether it’s mountain property for sale, a rare build-able lot in Louisville, sustainably designed green-built homes for sale, neighborhood profiles, or Boulder county business profiles, I strive every day to give you the useful information and critical support you need to make an informed decision.
Call, Text, or Email me. I’m never too busy for your referrals, as a real estate professional intent on giving back to the community, my relationship-based approach is exactly what you’ve been looking for in a helpful Realtor, and I will listen to you.
–Zachary Epps, full-time professional Realtor® and EcoBroker® at RE/MAX Alliance Boulder
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2 Responses to “The Boulder Peloton Amenities, Benefits, and Fees”
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I am looking for a condo in boulder and my price range is from $100.000 to $200.000. I did some research and found this very beautiful condo(Pelaton) with 1bed and 1 bath. I am not sure if it really is one bed room unit becuase it looked more likely a studio to me according to those pictures on the website (cohomefinder). I really liked the location and price ($100.000) but am just wondering if it is a reasonable price for a 1000 square foot condo. Hopefully you could help me. Thank you!
The best solution would likely to be to visit the Peloton and see the unit in person to determine if it’s a studio or a 1-bedroom. If you’d like more help, feel free to email me directly: zachary at ZacharyEpps.com or click the ‘ask Zachary’ button on the upper right corner of this page just above the facebook logo and below my photo.I’ll get right back to you.
Thanks!