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condos
I just looked at a new condo and I Just need help! Do you think it's worth it to pay $315,000 for a 2 bedroom, 2 bath condo? They were just built and are gorgeous, and so are the pool and gym... The location is very good, taxes are decent, condo fees are low.... I just can't decide what's better... Buying a not so nice condo for a lot less than that and were built like 30 years ago where everything is outdated or a new one built in 2007 with washer, dryer, dishwasher all brand new etc... I just don't know what to do. I know I will be ecstatic to live in the new ones but that's a lot to pay for just a condo... Ugh, thanks! 
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Posted 4/22/07 6:42 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: condos
where is it? dependingl on the location- I think it could be a good price
I would probably go for they new one - rather then one that needed to be gutted- provided I liked everything about the new one
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| Posted 4/22/07 7:01 PM |
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Eleanor
LIF Adult
Member since 2/06 2223 total posts
Name:
Ellie
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Re: condos
As long as it was a good location - I would want the new one. What is the price difference?
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| Posted 4/22/07 7:06 PM |
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Re: condos
Well I haven't looked at any other specific ones, just seeing the price I see on websites. It's just frustrating Thanks though!
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| Posted 4/22/07 7:20 PM |
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jodi714
Love my little girl!
Member since 2/06 3621 total posts
Name:
Jodi
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Re: condos
Depends on where you are looking. We paid more for ours and we don't have those amenities so if it was where I live, I'd say it was great, but for other areas it could be too high.
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| Posted 4/22/07 7:40 PM |
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Re: condos
Posted by sjm71505
Depends on where you are looking. We paid more for ours and we don't have those amenities so if it was where I live, I'd say it was great, but for other areas it could be too high.
It's in Central Islip, but it's in a really good area... The only thing around it is the courthouses and the Ducks stadium and they are building the area up and it's starting to be a lot better of a neighborhood.. The school district doesn't really matter either. I know it's not the best area, but we can't afford too much over 300,000. It's actually 292,000, not that makes a difference, this whole process just stresses me out lol thank you everybody!
Message edited 4/22/2007 7:47:43 PM.
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| Posted 4/22/07 7:47 PM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
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Karen
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Re: condos
There is another condo complex around there - Park Row, I believe.
There was an issue a few years ago in that complex that people were having issues selling, due to location. You might want to look into the location a little bit more. If you haven't already, you may want to drive around at night. You say the school district doesn't matter to you - but it might matter when you try to sell it, IMO.
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| Posted 4/22/07 7:54 PM |
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Re: condos
Posted by Karen
There is another condo complex around there - Park Row, I believe.
There was an issue a few years ago in that complex that people were having issues selling, due to location. You might want to look into the location a little bit more. If you haven't already, you may want to drive around at night. You say the school district doesn't matter to you - but it might matter when you try to sell it, IMO.
Thanks, I know where Park Row is, it's a lot farther south from these. I just like this area b/c it's going to be gated and everything and because it's so secluded
Message edited 4/22/2007 7:59:11 PM.
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| Posted 4/22/07 7:57 PM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
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Re: condos
I would not buy a new construction condo or townhouse right now.
I'm still thinking the market is going to slide & condos & co-ops take a big hit at first.
If you think you can be positive you'll stay in that home for 6-10 years than MAYBE I'd say do it.
Historically that's how long it has taken the RE market to rebound from cycles like its in now. I personally have know a few people that bought new construction townhouses & couldn't sell them for what they paid a couple of years later. This was back in the early 90's. And they were in a VERY desiarble town & school district.
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| Posted 4/22/07 8:28 PM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: condos
I wouldn't spend that much for that location. There are others in Suffolk for that price or less. The fact is that many people who buy 2 bedrooms are concerned about the SD, so I think resale would be difficult.
Message edited 4/22/2007 9:35:28 PM.
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| Posted 4/22/07 9:34 PM |
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Re: condos
ok thanks everybody, after careful thought, looks like we're headed to Florida, thanks again 
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| Posted 4/22/07 9:38 PM |
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