Option 1:
Condo on 2nd floor, $310,000.
2 bedroom, 2 bath, 2 covered parking spaces.
830 sq ft. No lot. Sharing pool facilities with other 36 units.
Located in an just okay neighborhood.
HOA fees $200/month.
Option 2:
An attached single family house, $302,000.
1 bedroom, 1bath, 1 attached covered garage.
480 sq ft (small) plus a covered patio (120 sq ft)
Lot size 1400 sq ft.
Located in a good neighborhood.
HOA fees $40/month.
2007-03-01 08:04:38 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Both properties located in greater Los Angeles area.
2007-03-01 08:08:30 · update #1
Option 2 as most times a single family will hold its value and resells better. However both sound like a lot of money. but then i'm not there to see what your buying.
2007-03-01 08:15:23 · answer #1 · answered by Scott 6 · 0⤊ 0⤋
NEI. You must in California? I'd say, move to Minnesota, I'll find you a house for less than $300,000, 3 bedrooms, 2.5 baths 3 car garage, 2,000 sq.ft. finished, and a lot of approx. .25 of an acre. We have the top business firms located here, so employment wouldn't be a problem. You only have to sign a contract with me, that you promise to shovel my driveway in winter for life. Fair deal? I sure hope I bought enough cat food to last thru this storm.
2007-03-01 08:11:09 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Option #2. Location is everything when purchasing property.
2007-03-01 08:16:37 · answer #3 · answered by momo 3 · 0⤊ 0⤋
Buy the condo. A 2/2 will always have better resale value.
2007-03-01 09:36:12 · answer #4 · answered by Jilli Bean 5 · 0⤊ 0⤋
option 2 because of the appreciation of the neighborhood good goes to BEST.
2007-03-01 08:10:06 · answer #5 · answered by swimmyfishy 4 · 0⤊ 0⤋