Blog with the Condo 1's New Agent

Thursday, February 04, 2010

Don't overlook older buildings when looking for condominium rentals...

Most people want the new, fresh, updated rentals (I mean, who wouldn't?) Because of this, they assume only the brand new buildings have these types of condominium units. But, don't overlook the older buildings just because of their age. As times, styles, and preferences change, many owners will update their properties to fit the new needs. Because each of the units are individually owned, the owners have more of an incentive to upgrade and renovate their units using the best materials, best design, and also bring their unique preference and personality when picking upgrades. Since it's their investment, owners are more likely to put in high quality appliances when upgrading to insure high quality in their investment, knowing a few years down the road the appliances will still be working, where as some apartment buildings will do the quick fix and put in cheap replacements. Also, in terms of carpet, fixtures, etc. owners are much more likely to put in high quality replacements since in the long run it will benefit their investment.

So, when looking, don't pass over older buildings like the Atrium and the Belvedere just because of their age. These units are worth a lot, so owners have a large incentive to update with the best granite, kitchen appliances, flooring, and upgrades.

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