Share Prices and Fees
When you purchase a Share [Coop Home] in the Vintage Cooperative of Ankeny you are investing in a lifestyle that ensures you have security, convenience, comfort, a friendly atmosphere and many activities. It is important that you clearly understand what is covered by the monthly fee.
Financial Advantages
Read More. Please review the article that discusses lower income taxes, credit for military service, increasing your income and the opportunity for equity growth. Renting a home provides none of these advantages. View a sample comparison: https://vintagecrossing.org/apartment-versus-cooperative-share/
Compare Home Expenses with a Co-Op Home
Below is a downloadable PDF file that can be used to make a financial comparison between a Coop home with other forms of independent senior housing. Another alternative to calculating your home expenses is using the on-line calculator . Just answer a few questions to find out if your taxable income will allow you to stay in your present home or it makes sense to downsize.
What is the Price for a Coop Home?
​Prices of the Coop homes vary based on the square footage of the Coop home and the upgrades made by the member. All sale transactions are handled directly by the cooperative, but the sale price of a Coop Home is established by the shareholder and the buyer. Click the link to request the 2024 Price and Fee Table.
What’s the Monthly Fee and What is Covered?
The monthly fee is determined by the square footage of the Coop home. The larger the Coop home the larger the monthly fee. Please review the document “What does the Vintage Cooperative of Ankeny Monthly Fee Cover?” The document explains what the monthly fee covers and the amenities that it supports. During 2024 the monthly fee amount is $1.46 per sq.ft.
What Questions should I Ask?
It is very important to learn about the status of three major components that go into the monthly fee. Those components are reserves, escrows, and operating account. If those components are inadequately funded a buyer could be faced with an unexpected special assessment. Read More.