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Archive for the 'Condos & Lofts' Category

Downtown Columbus Condos for sale/sold - November

A market update for November reveals that 6 (Six) condos sold downtown last month. 

The Average SalePrice / SqFt was $196.95.
They averaged $1,012 sq ft each
were on the market for 392 days (though that is highly skewed by the lofts at 106 technically on the market for 1218 days)— Otherwise, 227 days on market was […]

Authored by Joe | Discussion: 1 Comment »

The Bexley Real Estate Market has been Quiet

This month there has not been too much happening in our neck of the woods.  I was excited to see 8 homes on the Bexley, Berwick, Eastmoor realtor Association tour this morning until I realized I had seen all but two of them already — and those weren’t really worth seeing anyway.
So far this November, […]

Authored by Joe | Discussion: No Comments »

What really happened at the Carlyle’s Watch Auction and what does it Mean for Downtown Columbus?

Eight buyers got pretty good deals on their downtown Columbus Condos.  Not much else happened.  Those eight got those deals because they were the “no reserve” units, sold to the highest bidder.  The other units that have been reported sold were, in fact, not sold.   At least not yet. 
The other 21 condos that were […]

Authored by Joe | Discussion: 2 Comments »

Is Miranova Dead?

The last couple days I’ve heard a radio advertisement that advertised Miranova and mentioned that there were a handful of homes available for sale at the moment.  It made me wonder how the public would perceive the ad.  Would it be thought of as just a reminder of the luxurious high rise condo building that […]

Authored by Joe | Discussion: 2 Comments »

Columbus Real Estate September Recap - Downtown Columbus Condos

Downtown Columbus, unlike many suburbs, doesn’t have the seasonal school year ups and downs in buying.  There isn’t as good a reason as there is in, say, Bexley for folks to buy their downtown Columbus condo and settle in just in time for the new school year.
Still, only FIVE homes were closed on in September […]

Authored by Joe | Discussion: 1 Comment »

When does Your Downtown Columbus Condo Tax Abatement Begin?

Surprise, It’s not the day you purchase your Columbus condo. 
It’s the day the developer gets the certificate of occupancy for the entire project or a block of units in the project.  The other day I wondered aloud what will happen when all the tax abatement given for the downtown condos begin to run out.  […]

Authored by Joe | Discussion: 2 Comments »

Is the Downtown Columbus Condo Market a Ticking Timebomb?

Will the Downtown Columbus Condominium Market implode in the next 8–10 years?  Ironically, I’m talking about tax abatements, one of Downtown Columbus’ Best Residential drawing cards which could also lead to a very messy real estate market as they begin to expire.
Think about this.  A major attraction to purchasing a home downtown would be the 75 or […]

Authored by Joe | Discussion: 5 Comments »

A South High Street Address that’s not in a Hotel

The building here, at 342 South High, has six one bedroom condominiums in it that haven’t had a whole lot of fanfare so you may not be aware of them.
They don’t have a catchy name, like the CourtRoom Condos for instance, but they do have around 1400 square feet.  That’s more than 69 currently active […]

Authored by Joe | Discussion: 1 Comment »

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