Center City offers a buffet of living arrangements. Almost any Center City condominium with a smattering of exposed brick attempts to pass itself off as a loft. Often sought after as an expression of one's own style, loft living has taken off in downtown Philadelphia. Lofts vary in look, layout, and location throughout downtown Philly. [...]
Every spring, my phone starts ringing off the hook with students and or parents of students who will be attending Jefferson Medical School. My name is Mark Wade, and I am a realtor in Center City Philadelphia. Many of these folks have figured out that buying a condo in the area is a wise investment, [...]
If the adage location, location, location were as etched in stone as it is etched in many buyers minds, then there would be little price difference between The Wanamaker House Condos at 2020 Walnut St., and its high-rise condominium neighbor, "2135" Walnut St. If size dictated values alone, then The Ayer and the Aria could [...]
...and has dirty orange shag carpeting, and faded purple walls. I really do.Buying a cosmetically ugly home is the VERY best way to protect your investment. Our little group of REALTORS® (www.CenterCityCondos.com) have sold over 3,000 homes and one distinction we can brag about is our ability to pinpoint condos which are "diamonds in the rough" and finding condos that [...]
I am often asked by sellers to help them price their condos for resale. This is often a tricky task, as there are a variety of factors that go into pricing a condo. The job is sometimes less difficult if there is a standard condo unit in, say, a high rise building. Generally speaking, most [...]
I get this question all the time. Why do condo fees vary from building to building? Generally speaking,the answer is simple, yet sometimes detailed. Let's start with what almost all condo fees (here in Center City Philadelphia) cover: master insurance policy, common building lighting, building maintenance, water & sewer, and a what I call a [...]
A Great Value! With 182 individual condominium units, and 86 deeded parking spots, Center City One Condominiums have a great reputation for being a solid Philadelphia real estate buy. A mix of studio, one, and two bedroom units, Center City One condos near the center of Philadelphia, at Broad and Spruce Streets, have great views [...]
One surefire way to dress up that cabinet is with a really nice, non-gaudy knob or pull. It adds a certain flair to the cabinet, and the right knob or pull can really make all the difference in the world.
Many of my Philly Condo buyers ask me which buildings they should view based on specific amenities. Here’s how I generally respond.
This scenario and resulting depreciation is usually wiped off the books after year one. It is the initial depreciation of a new condo that is loaded towards the front of ownership- like in the first year. Once that hurdle is cleared- the possibility of depreciation lifts as well.
