Condo Valuse If the building is to your satisfaction, look for units on the market in the area. Extremely large units surrounded by smaller ones tend to appreciate less than a large condo among other large condos. Conversely, the smallest unit in the building tends to be "pulled up" by the other units in the building. However, it might take longer to sell a smaller unit when the time comes because many people are unwilling to pay extra for the neighborhood. The outer edge of a neighborhood is usually not good for resale value. There are noticeable dividing lines between dissimilar neighborhoods. It could be a difference in architectural styles, property use or something else. Look for a condo in the middle of a neighborhood of similar buildings; it will hold its value better.
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