It i rarely based entirely on square footage. Every Condo complex is different an based on the type of amenities & services offered, the prices would differ. Kapil, decide what monthly payments are comfortable for you, what price range and amenities you want, and whether you are looking for a rental property or vacation home for you and your family.
Many things to consider. Feel free to call or email me your questions or concerns of which I am sure you have many.
While I do not work in the Orlando area, I network with many professional Realtors all over and would be happy to refer you to someone wold help you navigate this market.
Alan Martin, Broker, Orlando, FL I have purchased 7 condos around disney in the past 18 months and all ahve been based on the sq footage that is under air conditioning. I can help you buy too. Please get in touch to benefit from my personal experience. Alan@FrontlineFloridaRealty.com
The HOA fee doensnt have to do with your property, and the monthly is based on what the community has, like pool, security, employess and etc.
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Also don't miss reading my blog on this topic: http://www.trulia.com/blog/mark_lemenager/2011/08/vacation_c