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.
As a veteran Philadelphia realtor, I hear a lot of interesting things come out of the mouths of many sellers here in our marketplace. In a softening real estate market, seller sometimes have high hopes for their often overlooked condominiums. Some attempts to sell are more creative than others, and some are just downright silly.
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.
