"You scored a lot of points with us when you answered my specific questions straight up without any BS. I think other Realtors would have told us what they thought we wanted to hear." - Brad Rosser
"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign.
Thanks a lot Joe" -- Michael Mamp
I had to check three times to make sure, but every time I found ONE condo that sold last month in downtown Columbus. Yeah, the market is a little slow.
The honor belongs to a 1700 sf 21st floor Miranova Corner Condo with three walls of glass, nice finishes and fantastic views. The 2 bed, 2 bath unit sold for $429,000, after about 6 months on the market, though it sold for $469,000 18 months ago.
Note to all would-be downtown Columbus Condo Buyers —– Try to stay put for awhile.
You may recall that in January, 7 of the remaining CityView at 3rd two bedrooms sold and three additional downtown condo units did as well.
Those ten homes averaged about $220/sf, not too far from the kind of numbers that have been selling downtown.
As of today, there are 174 units on the MLS listed as active listing with an average list price of $367,200 or $236/sf.
Things have been picking up lately though and there are also 25 downtown Columbus Condos in contract and of those, the 19 condos in Firm Contract average about $270/sf, though they won’t retain that average after they’ve closed. Many of these won’t close for a while yet though because they’re not yet ready for occupancy.
This entry was posted
on Tuesday, March 4th, 2008 at 1:38 pm and is filed under Downtown.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
One Response to “Downtown Columbus Condos – February Update – For Sale-Sold”
We have recently moved to Miranova/Columbus from Boston. Everything in Columbus looks like a bargain. But Miranova probably is the best buy from everything else offered in the capital of Ohio. I trully beleieve that very soon downtown Columbus will catch up with general trend and places like Miranova will be in high demand. Currently 50% of the world lives in cities. This figure is going to be 75% within 10 years. Obviously at some point Columbus will see the same trend. Already now such cities as Boston, Chicago and NY have a very strong urban market, demanding at least $400-500/sf for a very average apartment. Properties of Miranova standard are hard to get and prices are at least $1,000 sf.in Boston. Condo fee at Miranova is high to Columbus standard but amazingly reasonable comapare to similar properties on the East Coast. Think about these expenses: Miranova offers four computer controlled elevators, outstanding function rooms, library room,offices, state of the art health club with saunas and steam rooms, complimentary drinks and fruits, heated outdoor pool, beautifuly landscaped lawn, 24 hrs consierge service that exceeds quality of the Ritz hotel, numerous staff that takes care about the building: cleaning, painting fixing, etc; what else included? insurance, cooking gas, etc. Yes our condo fees are $1,000 per month. It is seems a lot and higher than other new condos are asking. The truth is that it would be very difficult to offer similar services at the same price.
In addition to the services miranova offers outstanding views and quality of living.
What downtown Columbus needs and eventualy will have, I hope, is a trully downtown bit of life, stores, cafes,small food markets, beautiful crowd.
Well said, Vadim. I completely agree with the attention to detail you mentioned at Miranova. There really is nothing like it in Columbus. It’s great to hear from people living in the homes I talk about.
Yes, other condo buildings may offer a concierge or valet parking but do they have a dedicated fridge for perishable packages? That’s the kind of above and beyond I love about Miranova and Now is absolutely the best time to get into a Miranova home.
I had to check three times to make sure, but every time I found ONE condo that sold last month in downtown Columbus. Yeah, the market is a little slow.
Columbus Real Estate Notes on Homes for Sale, the Columbus Market, and Home Buyer Help » It’s Back - Downtown Columbus is your Runway
March 21st, 2008
[...] Related: Downtown Columbus Condos – February Update – For Sale-Sold [...]
vadim
May 6th, 2008
We have recently moved to Miranova/Columbus from Boston. Everything in Columbus looks like a bargain. But Miranova probably is the best buy from everything else offered in the capital of Ohio. I trully beleieve that very soon downtown Columbus will catch up with general trend and places like Miranova will be in high demand. Currently 50% of the world lives in cities. This figure is going to be 75% within 10 years. Obviously at some point Columbus will see the same trend. Already now such cities as Boston, Chicago and NY have a very strong urban market, demanding at least $400-500/sf for a very average apartment. Properties of Miranova standard are hard to get and prices are at least $1,000 sf.in Boston. Condo fee at Miranova is high to Columbus standard but amazingly reasonable comapare to similar properties on the East Coast. Think about these expenses: Miranova offers four computer controlled elevators, outstanding function rooms, library room,offices, state of the art health club with saunas and steam rooms, complimentary drinks and fruits, heated outdoor pool, beautifuly landscaped lawn, 24 hrs consierge service that exceeds quality of the Ritz hotel, numerous staff that takes care about the building: cleaning, painting fixing, etc; what else included? insurance, cooking gas, etc. Yes our condo fees are $1,000 per month. It is seems a lot and higher than other new condos are asking. The truth is that it would be very difficult to offer similar services at the same price.
In addition to the services miranova offers outstanding views and quality of living.
What downtown Columbus needs and eventualy will have, I hope, is a trully downtown bit of life, stores, cafes,small food markets, beautiful crowd.
Joe Peffer
May 6th, 2008
Well said, Vadim. I completely agree with the attention to detail you mentioned at Miranova. There really is nothing like it in Columbus. It’s great to hear from people living in the homes I talk about.
Yes, other condo buildings may offer a concierge or valet parking but do they have a dedicated fridge for perishable packages? That’s the kind of above and beyond I love about Miranova and Now is absolutely the best time to get into a Miranova home.