Our 2015 Condo Market - Forecast & Analysis /     Super Comps  By Zip /

What Condo Owners Are Telling Me About THEIR Buildings  
                              
                                                       

For those of you who are new to these parts, this is my somewhat snarky  
bi-monthly newsletter. The content is serious-
the tone...not so much. Welcome.
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 Nearly 300 new professional photos just added!

ON THE FRONT LINES OF THE CONDO MARKET FOR 25 YEARS

Mark Wade


More Super Duper Condo Comp Videos!!!


Click the LINK above for Full details

Center City's 2015 Condo Forecast
 - Time To Be A Seller??

 



So where are we in terms of value retention
and return? Have we fully recovered from our last downturn?

Just What Can We Expect For 2015?



....CLICK HERE TO LISTEN TO MARK'S PODCAST ON THE UPCOMING 2015 CONDO MARKET HERE IN CENTER CITY




Here is What I am hearing around town...

1) Rivers Edge Condos at 2301 Cherry St: There can be little argument that prices and demand for the building are on a huge upswing since residents have implement and paid for assessments for improvements made to 2301. Just look at the sales in the MLS. And it makes sense- a killer location in the 19103 zip with parking. Winning!

2) The Coronado at 2201 Chestnut St: Facade overhaul - even decorative elements of this lovely pre-war are being removed and recast...including ironwork and window frames. Foyer and front entrance being studied to include doors, lighting, canopy and tile restoration work. And they have limited their allowable rentals-BRAVO!

3) WaterFront Square at 901 N. Penn St: In the middle of some really groovy renovations to the entrance including an attractive water feature and improvements to the larger of the two dog parks. The entrance was benign and bland. Not any more...

4) The Plaza at 1901 Walnut St: Assessments are finished and interior (behind the walls) work done to common elements. New entrance and foyer area work completed as well as mail room. I think 1901 is poised for real value growth.

5) GrandView at 1100 Vine St: Recently refinished the lobby area..and holy crap is it stunning. Someone here had a good eye.
Also plans for redoing the entire 2nd floor (common area) to include new/expanded gym, yoga studio and commercial kitchen areas. First floor commercial offices being rented out as well- which will help curb appeal. Smart building- one of first to put a severe hold on rental ratio. Very smart indeed.

6) BridgeView Place at 315 New St: Finished the common roof deck and exterior brick work (some time ago). 

7) Hopkinson House at 604 S. Washington Sq: A face lift project to the front entrance plaza area is well underway as well as installation of a handicap ramp and the repair of deteriorating underground structural beams and expansion joints.

8) The Academy House at 1420 Locust St: Upcoming improvements include lobby and arcade renovations. Fabulous!
And the employees recently rejected the idea of "going union."

 


25 Years of happily schlepping buyers around town to find their perfect condo. And a boatload of parking tickets to prove it :-)

MarkNew
          


Mark Wade 
 
Berkshire Hathaway Home Services 
Fox & Roach

530 Walnut St. Suite 260
Philadelphia, Pa. 19106
215.627.6005
Mark@CenterCity.com 

 

 
I have sold more $1M + condos in town this year than
any other of my 25 years in the business. 

 

 I would like very much to be your condo Realtor.

Mark 267.237.3404

Remember, best time to call is in the AM
When I am jacked up on 4 cups of Maxwell House.

Or email me anytime- Mark@CenterCity.com
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