The Current Real Estate Market in Westchester County

 

This photo shows the dip in Westchester County home sales - this is most likely due to the lack of inventory in the market.  This may indicate that we have many potential pent up home sellers

The photo below shows that prices for modest single-family homes are still going up - showing that there is still a lot of demand from buyers.
 

🏢What is the Monthly Maintenance on a cooperative apartment?

🏢 What Is Monthly Maintenance in a Co-op?

By Thomas Roberts | William Raveis Real Estate

💡 Understanding Co-op Monthly Maintenance

When you purchase a co-op (cooperative apartment), you’re not buying the unit itself — you’re buying shares in the cooperative corporation that owns the building. Along with your ownership, you’re responsible for a monthly fee known as “monthly maintenance.”

This single monthly payment covers the building’s shared expenses — essentially your contribution to keeping the property running smoothly and financially stable.

📋 What Does Monthly Maintenance Cover?

Each co-op’s maintenance fee is different, but it usually includes several essential building costs such as:

• 👨‍🔧 Building Staff Salaries – Pay for the superintendent, porters, and maintenance crew.
• 🏦 Property Taxes – Your share of the building’s real estate taxes.
• 🏢 Building Upkeep – Repairs, exterior maintenance, and improvements.
• 🌳 Groundskeeping – Lawn care, landscaping, and snow removal.
• 🗑️ Garbage Removal – Trash collection and disposal (if included in building services).
• 🐜 Extermination Services – Pest control for common areas or units.
• 🏊 Pool or Amenity Maintenance – If the property has shared facilities, such as a pool or gym.

Each co-op board determines what’s included in their maintenance fees, so details can vary. Some buildings may also include utilities (heat, water, or gas) — others may not.

🔍 Why Monthly Maintenance Matters

The monthly maintenance directly affects the affordability and value of your co-op purchase. Even if the sale price seems attractive, a higher monthly maintenance can impact your long-term budget and mortgage approval.

💰 Before making an offer, always review the building’s financial statements and ask for a breakdown of what the fee covers. A financially healthy co-op usually means stable fees and fewer surprises down the road.

📘 RealtorTom’s Tip

Think of monthly maintenance as your membership fee in the co-op community — one payment that ensures everything runs smoothly for you and your neighbors.

Before you buy, your real estate agent and attorney can help you review the co-op’s financials to confirm that the building is well-managed and in good financial health.

📣 Ready to Learn More?

For more guides on Westchester County co-ops, condos, and single-family homes, follow me on social media and check out my latest videos on YouTube. I share practical insights to help you make smart real estate decisions every step of the way.

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Thomas Roberts
Real Estate Agent | William Raveis Real Estate
📞 (914) 755-9816
https://linktr.ee/RealtorTom

How to get rid of strong odors when you are trying to sell your house or apartment!

 

Strong Smoke Smells Can Kill Your Home’s Value

 

Why cigarette smoke is a serious issue when selling a home

If you are getting ready to list your home, condo, or co-op, strong odors should be handled before buyers come through the door. Cigarette smoke is one of the biggest odor problems because it does not just stay in the air. After years of smoking, smoke residue can get into walls, ceilings, carpets, furniture, cabinets, floorboards, HVAC systems, and even drywall.

A home with a long-term cigarette smoke problem can lose buyer interest quickly. Buyers may worry about the cost of cleaning, repainting, replacing flooring, cleaning ductwork, or even removing contaminated materials. In some cases, smoke odor can lower perceived value and cause buyers to walk away completely.

Do not mask the smell — fix the source

Air fresheners, candles, plug-ins, and sprays may temporarily cover the smell, but they usually do not solve the problem. Buyers can often tell when a smell is being hidden. The better approach is to remove, clean, seal, or replace the materials that are holding the smoke odor.

What works for cigarette smoke odor?

• Air out the home thoroughly.
• Remove ashtrays, smoking items, old curtains, soft goods, and odor-holding materials.
• Deep clean all hard surfaces.
• Wash walls, ceilings, trim, doors, cabinets, and floors.
• Shampoo or replace carpets and upholstered furniture.
• Clean or replace HVAC filters.
• Consider professional duct cleaning.
• Use odor-neutralizing cleaners where appropriate.
• Use a shellac-based or odor-blocking primer before repainting.
• Replace carpet, padding, and porous materials if the smoke damage is severe.

Can smoke become a disclosure issue in New York?

In New York State, cigarette smoke residue is usually not treated the same way as lead paint, asbestos, mold, radon, or an underground oil tank. However, if the smoke condition is severe, long-term, embedded, or still noticeable after cleaning, it can become a material issue because it may affect value, marketability, habitability, or a buyer’s decision to purchase.

The biggest risk is not simply that someone smoked in the home. The bigger risk is hiding or misrepresenting the condition. If a seller knows the home had a major long-term smoke problem and then tries to cover it up with fresh paint, fragrances, or temporary odor treatments without being honest, that can create problems later.

Could a seller be liable after the sale?

Possibly, depending on the facts. If the smoke odor was obvious and the buyer purchased the home anyway, the seller is usually in a stronger position. But if the seller or agent knowingly concealed the condition, made false statements, or claimed the home had no odor problem when they knew there was one, that could create a misrepresentation issue.

This is why sellers should be careful with language. Avoid saying things like “smoke-free home” if the property has a history of heavy smoking. A better statement may be: “The home has been professionally cleaned and remediated,” assuming that is true and documented.

Best steps before listing a smoker’s home

• Get professional cleaning estimates before listing.
• Remove odor-holding items before photos and showings.
• Document all remediation work.
• Keep receipts from cleaning, painting, flooring, or HVAC work.
• Be honest about any remaining odor concerns.
• Price the home realistically if smoke damage remains.

Final thought

Strong smoke odor can hurt a home sale. Buyers do not just smell smoke — they see future expenses. If you are thinking about selling a home that has years of cigarette smoke inside, the best strategy is to deal with the problem before listing, document the work, and avoid making claims that go beyond what you know to be true.

For New Rochelle, White Plains, Mamaroneck, Westchester County, and surrounding areas, preparing your home properly before listing can make a major difference in buyer confidence and final sale price.

Thomas Roberts | Real Estate Agent | William Raveis Real Estate
Call/Text: (914) 755-9816