VoiceofReality
Active Member
For all the 'experts' out there and/or those with an opinion, I've been looking at re-sale units at MoZo (as an investment property) with the help of a broker friend. Based on market comps (sales and listings for 2010) prices seem 'reasonable' given comps for other areas downtown, the building seems to be fairly well regarded from a design perspective.
On average, prices are around $480 psf without parking and around $500 psf with parking. Looking at this area from a medium to long term basis my feeling is that there is room for price appreciation notwithstanding that the area has come a long way in the past 5 yrs.
Your thoughts / comments are appreciated.
On average, prices are around $480 psf without parking and around $500 psf with parking. Looking at this area from a medium to long term basis my feeling is that there is room for price appreciation notwithstanding that the area has come a long way in the past 5 yrs.
Your thoughts / comments are appreciated.