Why time is of the essence in condos just 1 or 2 blocks away – and what buyers often forget
A condo that consists of just one or two high-rise towers may look grand, while a low-rise development consisting of a handful of blocks may seem sketchy. But this brings complications that buyers may overlook. is the subject of an issue replacement Under the same development. In this case: There is a certain new launch project in the Great World area that has entered the market in recent months. The starting price of the units was approximately $2,877 psf, which is very competitive for a location with such strong features. But once you reach the units on the higher floors, prices start to exceed $3,300 psf. It is not unusual to see prices rise the higher the altitude, but in this case, the increase is more than gradual. Let’s say that as a buyer, you find a two-bed unit worth $1.86 million, which fits your budget exactly. But then, due to bad luck or hesitation, the units on the ideal floor are sold…
