Noodleface
A Mod Real Quick
I just looked in Brookline at a condo listing - $550k for 800sq ft, 1 bath, 1 br
Yep never moving to Boston
Yep never moving to Boston
Condo pricing is always a bit weird though. Universally it always seems to be expensive because of the amenities and finishes. Ever here in Columbus they're building luxury condos in the suburbs and I honestly have no clue who is going to pay $600-$800k for a 2k sqft condo in this region. I don't care how dank the gym is or how smooth the granite countertop is in the bathroom that is a stupid price for this area.I just looked in Brookline at a condo listing - $550k for 800sq ft, 1 bath, 1 br
Yep never moving to Boston
I don't think I'd buy a condo or townhouse anywhere outside of Manhattan/Brooklyn or Washington DC/Georgetown. When there's easily available single family homes people are not going to want to buy condos.Condo pricing is always a bit weird though. Universally it always seems to be expensive because of the amenities and finishes. Ever here in Columbus they're building luxury condos in the suburbs and I honestly have no clue who is going to pay $600-$800k for a 2k sqft condo in this region. I don't care how dank the gym is or how smooth the granite countertop is in the bathroom that is a stupid price for this area.
The only people I feel it makes sense for in this region is if you're single and constantly out of town. But like you said in regions where you can get a detached with a yard for basically the same price as a condo it just doesn't make sense to me. In my current neighborhood one of the borders is condos. When they were building new they were ~$30k more than the detaches. Now that the neighborhood is mature the condos on the secondary market sell for as much and usually a bit less than the detaches.I don't think I'd buy a condo or townhouse anywhere outside of Manhattan/Brooklyn or Washington DC/Georgetown. When there's easily available single family homes people are not going to want to buy condos.
I don't get the "constantly out of town" thing although I hear that a lot as a reason to buy in high-rises here in Dallas too. What, yard guys cost 20-30 a week during the summer, thats too much of an expense? So instead I should pay $500-1000/mo in maintenance? I don't understand that. How is a condo fundamentally better for people frequently out of town than a detach?The only people I feel it makes sense for in this region is if you're single and constantly out of town. But like you said in regions where you can get a detached with a yard for basically the same price as a condo it just doesn't make sense to me. In my current neighborhood one of the borders is condos. When they were building new they were ~$30k more than the detaches. Now that the neighborhood is mature the condos on the secondary market sell for as much and usually a bit less than the detaches.
Mail too. My neighbor is constantly out of town and you can tell by those fucking Super Shopper things they put on your mailbox. I'd be nervous it would be extremely obvious to any would-be burglars that I'm not home. I think there is a bit more safety and security when you're not home if you live in a skyrise.I don't get the "constantly out of town" thing although I hear that a lot as a reason to buy in high-rises here in Dallas too. What, yard guys cost 20-30 a week during the summer, thats too much of an expense? So instead I should pay $500-1000/mo in maintenance? I don't understand that. How is a condo fundamentally better for people frequently out of town than a detach?
In the town I live in you can tell the police that you are going out of town and they will collect your mail and check on your house daily. I agree the risk of burglary is very small in a skyrise with doormen but at the same time, I have a burglar alarm and honestly there's nothing in my house worth stealing.Mail too. My neighbor is constantly out of town and you can tell by those fucking Super Shopper things they put on your mailbox. I'd be nervous it would be extremely obvious to any would-be burglars that I'm not home. I think there is a bit more safety and security when you're not home if you live in a skyrise.
Definitely seems like the condo boards jew you on the fees and hire their cronys at high cost. Some of the condo maintenance fees I've seen are just out of sight and then if there's any kind of big improvement they hit you with an assessment anyway, so it's not like your fees are the end of the road.I think Cad's argument is you could just pay landscapers to take care of all of that for you if it really isn't your bag and pay less per month than condo fees. But personally I think there is inherent value in just completely and totally taking it off your plate. But my parents have had lawncare for a few years now and it is pretty much just fire and forget. Landscapers come by, mow their grass and leave a bill (technically they have a tab.) The guy who does their lawn also does their driveway in the winter if my dad doesn't feel like busting out the snowblower.
500K house and you got him to 'kick in' central air? lolI'm closing on my first brand new (new construction) house next month. Awesome place in a great development, 3500 sq ft, 4 bedrooms, 2 car garage, half acre, everything I was looking for. Stoked as hell to close and move in, but dealing with the fucking builder has been a giant pain in the balls. We (my fiancee and I) bought the last house available in the development so it was a straight up, non-contingent sale. Because of that, the builder and his pocket realtor know that they don't have to do a damn thing for us.
The price was decent, but some of the things that I assumed would be common-sense-included in the house (like a garage door opener, fans in the bathrooms, bath vanities with drawers, to name a few) are all add-ons. I'm cutting this dickbag checks left and right, because we don't really want to move into a house that doesn't have a lot of basic shit that we were looking for. Add on top of that the abysmal granite selections that we had to pay extra to upgrade to a decent looking slab, and more money for the bathrooms to have granite tops instead of laminates (house was north of 500k).. Blaagh.
We really wanted the house and had a short punch list (we did get him to kick in central air and a few mic things), but in hindsight an hour or two just walking around the house without the realtor following us around would have saved me a lot of headaches, and probably a decent amount of coin too.
TLDR: Armchair advice if you're buying brand new is to be thorough as fuck and assume nothing is included other than what you're looking at.
Even better advice: skip new construction entirely. You're most likely getting a oversized home depot mcmansion on an undersized lot with a lot of irregular work right down to the stud spacing. On top of that, you will be dealing with a homeowners association until the day you sell.TLDR: Armchair advice if you're buying brand new is to be thorough as fuck and assume nothing is included other than what you're looking at.