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Frequently-Asked Questions
Buying a condominium is an exciting time in your life. But don't let the excitement and anticipation get the best of you—stay focussed and ask questions.
And while decorating and amenities should play a role in your decision-making process, you need to be aware of everything (from the building's roof to the carpet in the common areas) that will affect you and your finances.
About Skyscape
- Is it hard to entertain in a condo?
Skyscape is built for entertaining. Large open kitchens and living areas allow for guests to have a great time in your new home. For those large events, use the SkyLounge which is outfitted with a media area, pool table and kitchen. Walk out from the SkyLounge to the private 6th floor backyard, complete with multiple grills and a fireplace.
- Where will I store all of my stuff?
There are plenty of closets in the homes at Skyscape. Every home also receives a storage locker and there are options for storage in front of your heated parking stall.
- Are there any green spaces or parks nearby?
There are plenty of parks nearby such as Elliot Park and Peavey Plaza, but Skyscape has its own private 6th floor rooftop park that has room for sunbathing, lounging, entertaining, and more.
- What about pets?
Skyscape is a pet friendly building! There is even a dog run in the courtyard. There are also many dog parks nearby!
- I travel a lot, is it easy to get to the airport?
Skyscape is blocks from the light rail station—during the colder parts of the year the Skyway access comes in handy! The light rail station also goes directly to the airport, Mall of America and the business district in downtown Minneapolis.
- What is in and around Skyscape?
Skyscape has many great amenities in its building such as a business center, guest suite, health and wellness center, Sky Lounge, 6th floor private rooftop, dog run, on-site live-in caretakers and office manager, and Otho restaurant. It also has so much nearby. Skyscape is steps from the Metrodome, 10th and Nicollet where shopping and restaurants await you, Target, theaters, hotels, HCMC, and so much more!
Frequently-Asked Loft/Condo Buying Questions
Buying a condominium is an exciting time in your life. But don't let the excitement and anticipation get the best of you—making a purchase such as this is serious business, stay focused and ask questions throughout the process.
And while decorating and amenities should play a role in your decision-making process, you need to be aware of everything (from the building's roof to the carpet in the common areas) that will affect you and your finances now and in the future.
- Do Homeowner's Association dues contribute to reserve amounts for ongoing capital items?
- Do association dues include all adequate reserve amount to ongoing capital items?
- What is included in your association dues?
__ Heat/Air Conditioning
__ Cable television
__ Water/Sewer/Trash Collection
__ Maintenance of building and grounds
__ Use of amenities, party rooms, exercise facilities, pool
__ Lawn maintenance
__ Hazard insurance
- What are the Association rules? Pets? Future improvements?
- How much parking is available for you and your guests? Is the parking secure?
- What amenities does the condo development have, and which do you consider to be must have items?
__ Washer/Dryer in the unit?
__ Exercise facility?
__ Security-on-site officers, cameras or both?
__ Storage lockers?
__ Party/entertainment room?
- What building maintenance and improvements have been made or are planned for the exterior?
__ Age of the roof?
__ Exterior building maintenance?
__ Landscaping?
Questions to Ask When Comparing Individual Condominium Units
- Is a washer and dryer included?
- What brand or level of appliances are included?
- What types of flooring (carpet or hard surface floors) are available to you as standard selections or upgrades?
- How high are the ceilings in your home?
- What type of counter surfaces are available?
- If you have a solid surface countertop such as granite, are the kitchen sinks under-mounted?
Understanding the Cost of Renting
While renting can be a good option for some people, it’s important to understand the long-term cost of renting vs. owning your own home.

Understanding the advantages of owning
- Deduct mortgage interest in calculating income tax? Yes
- Deduct real estate taxes in calculating income tax? Yes
- Build equity? Yes
- Hedge against inflation? Yes
- Will improvements within the unit add to future value? Yes
- Resale in years to come? Yes
- Can property can be put in a trust? Yes
- Can property can be passed on to your heirs? Yes
- Voice in building management? Yes
- Fixed mortgage payments for consistent living expenses? Yes
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