Realty Tower nearly ready
http://www.vindy.com/news/2009/aug/17/realty-tower-nearly-ready/
My mortgage is about $950 a month for an 1800 sq ft house on almost 1/2 an acre.
Are there actually 23 people or couples that are willing to pay 50% to 150% more than I pay to rent 35% less to only 10% more sq ft with no yard?
To many people' no yard is a plus. I wished mine wasn't there right now....Too hot to mow and it's over due.
Quote from: Why?Town on August 17, 2009, 11:20:26 AM
My mortgage is about $950 a month for an 1800 sq ft house on almost 1/2 an acre.
Are there actually 23 people or couples that are willing to pay 50% to 150% more than I pay to rent 35% less to only 10% more sq ft with no yard?
Considering that the Realty Tower is the only option for that style of living in a metro area of nearly 400,000 people, I'd say the odds of finding 23 people to occupy the building are pretty good. Otherwise, the developer wouldn't have spent $8.5 million on the project.
It's not my cup of tea because I enjoy my yard but I certainly hope they are successful in filling the building.