[posg]

So I have been planning my move downtown from West O for the past few months and I guess I need to know more about the market. I have been looking for a nice 2 bedroom condo with good views (I think that's all apart of living in the heart of downtown!) but have run into a few strange things.

I really like the views from 1600 Farnam condos and was interested in maybe buying until I saw what I think are crazy disparities in units! I've seen what looked like an old carpeted apartment for 175k and a completely renovated 775 sft unit for 164k...what's the deal? The property values must really be up and down. Then I saw in another post that these were converted from apts a few years ago.

Now I'm seeing a ton of rental offers on craigslist for 1600 condos ranging from $750 to $900 for virtually the same size!

What's going on with this building? Why is everyone trying to get out or rent out? Is there something I'm missing? Maybe I'm blinded by the view?

Should I stay or should I go? I'm now thinking of the Renata at Brandeis...but for a $1225 rental I'll be looking at a brick wall!

[DTO Luv]

I'd take 1600 over the Renata in a heartbeat.

[trfoster]

The Farnam 1600 is almost full. Recently there were only 6 units for sale out of 80. Also, the ratio of rented units vs owner occupied units is limited by the condo association.

[Jays1983]

1600's are very small (from what i've seen) kind of like the paxton. I wasn't impressed.

[billiefan2000]

not sure.


would like to see them do something with 16th street in general.


too many boarded up buildings or empty buildings on 16th street

[barattataxi]

Originally Posted by billiefan2000

not sure.


would like to see them do something with 16th street in general.


too many boarded up buildings or empty buildings on 16th street

a lot of areas of the city could use some business development too.