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Reply to "First time homebuyer: lower-price condo or stretch for rowhouse in DC?"
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[quote=Anonymous][quote=Anonymous]I would argue not all condos are in infinite supply. I say this as some older low rise ones have larger units in great locations that would never be built again. I own a garden apt from the 1960s in a super prime location. They put 30 units on one acre. Today there would be a massive large high rise buildings packed in with high common charges. There are a few ones like that in dc but cookie cutter new Condos are going to depreciate. [/quote] Agree with this poster. Some condos are a great value. Not the new ones but we live in townhouse condo in an amazing super nice location and have outdoor space with low fees. The place on K st is not a good deal. Those are high fees and that isn't a great neighborhood for kids. [/quote]
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