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Old 03-14-2019, 06:15 AM
 
Location: Texas
44,259 posts, read 64,365,577 times
Reputation: 73937

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Quote:
Originally Posted by Fleur123 View Post
Hi everyone,

So: how much does a 1-bedroom condo/apartment cost to buy in your area? If there are no condos where you live, then how much does a smaller house cost?

I know there can be huge differences depending on the neighborhoods, so it would be interesting to have the full range: how much does it cost in a nice area... and how much in the worst parts of town.

If you're in a mood to elaborate and give details about the neighborhoods, please feel free.
There are no 1 bedroom condos for sale in my area.

There are 6 2 bedroom condos. Start at one1050 sqft for $203k to $385k for a 1700 sqft one.
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Old 03-14-2019, 06:16 AM
 
Location: Coastal Georgia
50,374 posts, read 63,977,343 times
Reputation: 93344
There aren’t any one bedroom condos for sale where I live, but here’s one in the historic district of Savannah. $288k

https://www.realtor.com/realestatean...-90616?view=qv

Last edited by gentlearts; 03-14-2019 at 06:35 AM..
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Old 03-14-2019, 06:25 AM
 
Location: Williamsburg, VA
3,546 posts, read 3,115,713 times
Reputation: 10433
Quote:
Originally Posted by LifeIsGood01 View Post
Condos are usually just apartments that have been turned into private ownership with an HOA. If they let you rent it out your renter is renting an apartment. They like to say they are renting a condo

Quote:
Originally Posted by LifeIsGood01 View Post
It's apartment style housing mostly. Yes it can be built as a condo and never have been rented out. By apartment i don't mean how nice it is, I mean in terms of it being a unit in a building
You're changing your argument. Saying that condos are in "apartment style" buildings is very different from claiming condos are usually just apartments that have been turned into private ownership.

Also, on the topic of building style, I don't know if there's really all that much similarity there, either. It's sort of like saying dogs are like cats because they both have four legs. Apartments buildings are more like hotels. But, condos aren't really built in the same design. They might be like an office building in which there are large office suites, with one company per floor, or perhaps 2-4 if it's a large building.

The design difference has to do with how many units are put on each floor. Most condos are significantly bigger than apartments. As the posts here show it's possible to find tiny condos but those aren't really that common. Just like it's easy to find 1 BR apartments, but hard to find 1 BR condos; 2 or 3 bedrooms is much more typical. In most cities the typical condo is going to be at least 1200-2400 sf.
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Old 03-14-2019, 06:33 AM
 
12,016 posts, read 12,760,107 times
Reputation: 13420
Quote:
Originally Posted by Piney Creek View Post
You're changing your argument. Saying that condos are in "apartment style" buildings is very different from claiming condos are usually just apartments that have been turned into private ownership.

Also, on the topic of building style, I don't know if there's really all that much similarity there, either. It's sort of like saying dogs are like cats because they both have four legs. Apartments buildings are more like hotels. But, condos aren't really built in the same design. They might be like an office building in which there are large office suites, with one company per floor, or perhaps 2-4 if it's a large building.

The design difference has to do with how many units are put on each floor. Most condos are significantly bigger than apartments. As the posts here show it's possible to find tiny condos but those aren't really that common. Just like it's easy to find 1 BR apartments, but hard to find 1 BR condos; 2 or 3 bedrooms is much more typical. In most cities the typical condo is going to be at least 1200-2400 sf.
IMHO that's just silly. an airplane converted into housing can be a condo too. You can call it whatever you want, you can think you are fancy or better than someone else but most condos are apartments in buildings that are privately owned.
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Old 03-14-2019, 09:34 AM
 
5,381 posts, read 8,688,440 times
Reputation: 4550
Condos certainly do differ in style, and while some may be apartment conversions, others were built specifically to be condominiums. Also, some units are attached, while others are not.

Here are a few detached units in my city (Aliso Viejo, CA) that probably don't match perhaps conventional thinking on what a condo/townhouse looks like. They are in the minority, as most condos/townhouses in this city are attached.

Detached condos/townhouses in Aliso Viejo, CA:

https://www.redfin.com/CA/Aliso-Viej...6/home/5593768
https://www.redfin.com/CA/Aliso-Viej...6/home/5600581
https://www.redfin.com/CA/Aliso-Viej...6/home/5594191
https://www.redfin.com/CA/Aliso-Viej...6/home/5795909
https://www.redfin.com/CA/Aliso-Viej...6/home/5845169
https://www.redfin.com/CA/Aliso-Viej...6/home/5594593


These are attached, but in the same price range, for comparison, of at least $600K:
https://www.redfin.com/CA/Aliso-Viej.../home/17471579 (3 story)
https://www.redfin.com/CA/Aliso-Viej.../home/45377551 (3 story)

Last edited by pacific2; 03-14-2019 at 10:03 AM..
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Old 03-14-2019, 09:47 AM
 
5,381 posts, read 8,688,440 times
Reputation: 4550
These are fairly typical apartments in Aliso Viejo, CA; not bad and some are townhouses. I suspect that people choose to buy a condo/townhouse instead of renting an apartment for a variety of reasons, and the financial benefits of home ownership are likely at the top.

*It may take while for the actual pictures to download.

https://www.elevatetosequoia.com/apa...ns#/categories

https://www.stmoritzresorts.com/

https://www.sheaapartments.com/apartments/city-lights/

https://www.sheaapartments.com/apart...xoC2tQQAvD_BwE
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Old 03-14-2019, 10:22 AM
 
Location: Raleigh NC
25,116 posts, read 16,215,541 times
Reputation: 14408
Quote:
Originally Posted by 2Loud View Post
Raleigh, NC

$237/sq ft within city
$122/sq ft suburbs

hard to find a one bedroom. Most are two or more bedroom.
Raleigh Market - includes Raleigh and Wake County, Durham County, Orange County/Chapel Hill:

Most expensive closed last 12 months:

Durham downtown
$410,000
1,321 sqft
$242/mo HOA

most expensive by price/sqft:

Durham downtown
$196,500 . ($453/SQFT)
434 sqft
$124/mo HOA

Least expensive:

Suburb Chapel Hill
$49,000
670 sqft
$173/mo HOA
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Old 03-14-2019, 01:52 PM
 
Location: Columbus, OH
1,058 posts, read 1,250,585 times
Reputation: 1780
Quote:
Originally Posted by LifeIsGood01 View Post
I'm not wrong, I wasn't speaking about your condo. Condos are usually just apartments that have been turned into private ownership with an HOA. If they let you rent it out your renter is renting an apartment. They like to say they are renting a condo because they think it's better. Some apartments are nicer than some condos. Usually condos are better because each person can put in new appliances as they choose, but it's still just a privately owned apartment.
Not in my area. Sure, there a few dumpy apartments that got converted to condos. I wouldn't touch those. But here, at least in Columbus, most condos are not high-rises, but more like a sfh with garages, but connected with 3-4 units.
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Old 03-14-2019, 02:08 PM
 
6,503 posts, read 3,435,815 times
Reputation: 7903
Quote:
Originally Posted by BoBromhal View Post
Raleigh Market - includes Raleigh and Wake County, Durham County, Orange County/Chapel Hill:

Most expensive closed last 12 months:

Durham downtown
$410,000
1,321 sqft
$242/mo HOA

most expensive by price/sqft:

Durham downtown
$196,500 . ($453/SQFT)
434 sqft
$124/mo HOA

Least expensive:

Suburb Chapel Hill
$49,000
670 sqft
$173/mo HOA
Here's Bo with the facts! Thanks Bo!
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Old 03-14-2019, 02:19 PM
 
12,016 posts, read 12,760,107 times
Reputation: 13420
Quote:
Originally Posted by Jbeechuk View Post
Not in my area. Sure, there a few dumpy apartments that got converted to condos. I wouldn't touch those. But here, at least in Columbus, most condos are not high-rises, but more like a sfh with garages, but connected with 3-4 units.
The OP asked about one bedroom condos which are apartments.

I never knew Ohio had swanky condos. It's always seemed like a cheaper state to live in,
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