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Old 03-13-2014, 09:56 AM
 
2 posts, read 2,142 times
Reputation: 10

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Howdy! We are a couple of empty-nesters relocating to Louisville for a new job downtown. Looks like everyone else is either single, have small children or are 20-30 somethings. Any advice about where to live for us? Details below...

Where you are working - Downtown, 40202 zip code
-How much you are willing to spend on housing - want to buy "dream home" bwtn $250-350k, new construction
-How long of a commute you're willing to tolerate - 15-30 minutes
-If you have kids: Private school or public school? Grown children
-What type of neighborhood environment you are looking for: small town feeling? small city excitement? suburbia delight? Have lived in suburbia most of our lives, would love pedestrian life for a change
-Community amenities important to you - Yes - would love a condo with great amenities (pool, gym, etc.) or a housing development with lawn service
-Pie or cake? Derby pie, of course!!

Thank you in advance for your help!



Read more: //www.city-data.com/forum/louis...#ixzz2vrGPzGEE
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Old 03-13-2014, 10:20 AM
 
7,021 posts, read 15,204,860 times
Reputation: 3444
Quote:
Originally Posted by NashvilleGal View Post
Howdy! We are a couple of empty-nesters relocating to Louisville for a new job downtown. Looks like everyone else is either single, have small children or are 20-30 somethings. Any advice about where to live for us? Details below...

Where you are working - Downtown, 40202 zip code
-How much you are willing to spend on housing - want to buy "dream home" bwtn $250-350k, new construction
-How long of a commute you're willing to tolerate - 15-30 minutes
-If you have kids: Private school or public school? Grown children
-What type of neighborhood environment you are looking for: small town feeling? small city excitement? suburbia delight? Have lived in suburbia most of our lives, would love pedestrian life for a change
-Community amenities important to you - Yes - would love a condo with great amenities (pool, gym, etc.) or a housing development with lawn service
-Pie or cake? Derby pie, of course!!

Thank you in advance for your help!



Read more: //www.city-data.com/forum/louis...#ixzz2vrGPzGEE

Would you consider condos? If so, Waterfront Park Place is ideal!
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Old 03-13-2014, 11:05 AM
 
Location: Louisville KY Metro area
4,824 posts, read 13,549,114 times
Reputation: 2145
There are many qualifying locations for you in the Louisville area. One poster suggested a downtown condo. I don't disagree, but would add more. I don't often recommend condominiums as condo's put so much of your personal wealth (not suggesting rich) at stake. 1000's of Florida, Nevada, California, & Arizona condo owners effectively lost everything because of the passive control that automatically comes with condo ownership. Example, how many of your fellow owners need to fail paying their monthly fees to create a negative cash flow for the association?

While we are seeing a rebound in the economy, who really saw the 2008-2012 recession being so bad in 1995? People who purchased condos in 1995 had built comfortable equity stakes by 2007, only to see those entire values lost by swimming pools with green water, maintenance delayed until roofs failed, etc.

As for me, I'd much rather purchase a St. Matthews home, or a Norton Commons home, Arbor Ridge, or Southern Indiana place that gives your the pedestrian (other than commute) lifestyle. We hire our lawn service for far less than the monthly condo-fees we'd have to pay, and we can fire them for not doing a good job.

But, then again, those are my opinions based on experience.
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Old 03-13-2014, 11:53 AM
 
2 posts, read 2,142 times
Reputation: 10
I guess so... the only one I see listed is fo $950k, ha ha! Any oher ideas?
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