I have been a proud resident owner at Fireside Condominium since 2003, and it's a place I have…read moreALWAYS been happy come home to. Here are 11 reasons why Fireside is a great choice for anyone looking for an affordable home of their own:
1. Affordability in a diverse, livable, stable, established HOA (Homeowners' Association) Community: Fireside offers excellent value for your money compared to similar HOA Communities in Montgomery County. Our diverse community welcomes everyone, without exception. It does not matter how you identify; where you came from; or who you choose to love. You are welcome at Fireside Condominium.
Our average price per square foot is below the average for comparable HOA Condominium units in the MD Suburbs of Washington, DC. It can be fairly said that we are one of very few Multi-family HOA's that remain genuinely affordable in Central Maryland.
2. Embracing a car-free lifestyle: Fireside provides easy access to public transportation, with a Ride On bus stop just a short walk away, offering frequent service to Shady Grove Metro station. This allows residents to enjoy seamless connections to rail networks and airports, without the need for car ownership.
3. Value for Monthly Fees: The monthly Condo fees at Fireside are reasonable and include all basic utilities, saving owners approximately 25% compared to paying for these services separately. Owners pay one (1) monthly fee and avoid the hassle of dealing with separate power, gas, and water bills. NOTE: Fees cover power, gas, heat, cooling, water, sewerage, trash and maintenance of all commonly shared elements outside each privately owned residential unit.
4. Fee Stability: We have been able to avoid fee increases from 2018-2022, thanks to smart investments and effective financial management. We avoid increasing fees whenever possible, in order to keep Fireside affordable to all Owner/Members in good standing with us.
5. Competent, Effective Management: Fireside is well-managed by a caring and dedicated staff led by Lisa Franklin, who has been with us for over 20 years. The staff promptly addresses major issues and enforces rules with dignity, fairness, and respect.
6. Strong Finances: Fireside's finances are rock solid, with Repair Reserve fund balances well above industry best practices. These funds cover major repairs and upgrades, such as the recent replacement of glass sliders in all units. Additionally, these funds have allowed us to replace roofs on all 18 building and a host of other essential upgrades. All of those major projects and investments have collectively laid the foundations for our Community to thrive well into the future.
7. Enhancements to Fireside: Our community has undergone remarkable improvements, including the replacement of outdated glass sliders and the complete remodeling of our Community Room, enhancing the overall living experience. Put simply, our competent and talented staff have managed to rebuild our Community bit by bit. Now, we're ready to face the future.
8. Fireside has been purposefully designed and managed to adapt to a changing climate. Our unwavering commitment to this effort ensures that Fireside is well-prepared to withstand the challenges posed by Climate Change. We have taken proactive measures to secure the long-term viability of our community, positioning us to thrive for the next fifty years as an affordable place to call home.
Our dedication to maintaining a livable environment for all residents is driven by our deep-rooted connection to Fireside as our cherished home. We are passionate about preserving its sustainability and ensuring its continued viability to the best of our collective abilities.
9. Major Upgrades: We have made substantial investments in upgrading our commonly owned elements, such as the roofs and concrete bridges, improving the aesthetics and long-term sustainability of our community.
10. Amenities: Residents in good standing can enjoy our sizable swimming pool during the summer season.
11. Governed 100% by Fireside Condominium Members: Our Community relies on the active participation of individual owners in good standing to serve on our Board of Directors. As a former Board member and past President, I encourage all owners to consider running to serve on the Board.
12. Longevity, Stability & Livability: Fireside celebrates its golden anniversary, having persevered through the challenges following the Subprime Mortgage crisis. We have worked hard to address issues and implement improvements, making us resilient and ready for the future.
13. In conclusion, the essence of living at Fireside Condominium is that our community is not just a place to reside; it's a place to truly belong.
What truly sets us apart is our diverse and inclusive spirit. Data confirms that Fireside is one of the most diverse multi-family HOAs in Gaithersburg, and we take great pride in that distinction. Here, all are welcome, regardless of background or identity.