It looks to be an early season this year with parents already calling about College Station condos that are on the market. Just today I spoke with four potential buyers and two potential sellers of College Station condos.
What makes your condo marketable? It's a combination of location, complex amenities, affordability and condition.
Your condo is only as good as the complex it's in. Most of the condominiums we have here have excellent market points, and some down sides as well. Emphasising the positive, while countering the negative is the best strategy. For the condos that aren't directly on shuttle route finding out how close the route is will typically work. Not many are built terribly far from our existing routes. Targeting ads to parents who don't necessarily feel that their student will want to ride the shuttle can work as well. In general the closer the complex is to Texas A&M University the better off you are. However we have some excellent complexes that are tucked away a bit and still sell for premium prices.
Most of our condo complexes offer a small recreation area and a pool. This seems adequate and we certainly haven't seen better statistics with condos that offer volleyball courts or on-site movie screening areas or carwashes. The one amenity that many students and their parents are looking for is the gated community. This always helps for resaleability.
Affordability is very important for students as well as their parents. In general most of our parents are looking for 3 bedrooms at $150K or less and four bedrooms at 160K or less. Homeowner Association Fees can come into play as well with lower fees and similar amenities winning out consistantly.
The condition of your condo is of prime importance. A unit that has been cared for well will sell rapidly and at the best price. Ensure that the carpet is clean and the unit is in good repair with paint touch-ups and frequent cleanings for the best price.
Call me today with any questions you have about this season's sales or listing your condo or home.
Showing posts with label luxury student condos. Show all posts
Showing posts with label luxury student condos. Show all posts
Friday, December 28, 2007
Saturday, August 18, 2007
College Station Condos
College Station has a wide variety of student condos as well as condos that are perfect for just spending an occasional football weekend in. Bryan is another good venue for condos, though many there are for active adults as well and tend to be more luxury listings. In this post, I will focus on the more desirable, newer condos available in our market.
The desirability of a College Station Condo can be tagged upon how close the complex is to campus, with those being further away selling for less money, even when well appointed.
Fox Run Condos are probably one of the closest condo projects to campus. These well built two and three bedroom condos are a mere bike-ride away from the action at football games and 8 am classes. Built with luxury in mind these condos provide soaring ceilings and large bedrooms. The complex offers a pool as well. With prices starting at 124K for a 2 bedroom, this complex is a must see. Three bedroom, three bath units, when available, typically run 155K and above. Availability is limited, listings don't often come up.
The Woodland Condos are a truly spectacular project with grand dreams of a perfect condo project. These 2, 3 and 4 bedroom condos offer luxury living, but are aggressively priced for our market. Located on Southwest Parkway and Wellborn Road it is probably less than two miles from campus. The wood work looks good and the list of amenities is spectacular, but the price point should include IMHO granite counter-tops and other standard items for luxury condos.
Waterwood Condos are located off Krenek Tap between Texas and Highway 6. These are, according to one inspector I trust, one of the best built condos in the College Station market. These three bedroom and four bedroom models offer as many baths and bedrooms and all the amenities you would expect. Most have granite counter-tops. These beautiful finds are again, not always available. Interestingly the four bedrooms last year sold for 149-155K while the three bedroom (which granted, has some extra style) was sold for 158K.
There are many condos available for the budget conscience and I will focus on them in a future post.
For information on availability of these, and other condos visit the my MLS search or email me for timely information.
The desirability of a College Station Condo can be tagged upon how close the complex is to campus, with those being further away selling for less money, even when well appointed.
Fox Run Condos are probably one of the closest condo projects to campus. These well built two and three bedroom condos are a mere bike-ride away from the action at football games and 8 am classes. Built with luxury in mind these condos provide soaring ceilings and large bedrooms. The complex offers a pool as well. With prices starting at 124K for a 2 bedroom, this complex is a must see. Three bedroom, three bath units, when available, typically run 155K and above. Availability is limited, listings don't often come up.
The Woodland Condos are a truly spectacular project with grand dreams of a perfect condo project. These 2, 3 and 4 bedroom condos offer luxury living, but are aggressively priced for our market. Located on Southwest Parkway and Wellborn Road it is probably less than two miles from campus. The wood work looks good and the list of amenities is spectacular, but the price point should include IMHO granite counter-tops and other standard items for luxury condos.
Waterwood Condos are located off Krenek Tap between Texas and Highway 6. These are, according to one inspector I trust, one of the best built condos in the College Station market. These three bedroom and four bedroom models offer as many baths and bedrooms and all the amenities you would expect. Most have granite counter-tops. These beautiful finds are again, not always available. Interestingly the four bedrooms last year sold for 149-155K while the three bedroom (which granted, has some extra style) was sold for 158K.
There are many condos available for the budget conscience and I will focus on them in a future post.
For information on availability of these, and other condos visit the my MLS search or email me for timely information.
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