ferronsfunctionals

now you are talkin...Trader Joe's would be awesome!!!!

This is about the area between Chimney Rock and Fountainview and Woodway and San Philepe. In this area there are many townhomes and condominiums. Some large complexes that were built in the late 1970's, and some other smaller complexes that were built within the last 10-years. The new complexes are significantly more upscale than the homes in the 1970's, and the size of the homes are about double that of the homes built in the '70s. People seem to be willing to readily pay $175+/SF for the new(er) construction, but the construction built in the '70s is around $100-110/SF - but the houses usually aren't really that fixed up, mostly just painted etc. What sort of premium do you think could be charged on a place built in the 1970's that is say 1500SF, but completely renovated. Where completely Renovated means - the kitchen has new slate flooring, brand new wood cabinets with granite countertops and stainless appliances. Hardwood floors throughout the rest (except the bathrooms) where the bathrooms have been renovated with travertine, and new cabinets and modern sinks and fixtures. New lighting fixtures througout. Is there a demand for a place that looks like it was built in the 2000's, but was built at 1500SF instead of 2500SF+? The only thing, which could be major, I see different is that the ones from the 1970's only have a small walk in closet, and the bathrooms aren't oversized like many other newer homes. Would this be worth $120/SF, or $160/SF? - or merely $105/SF.

Are you sure that is the old enron building? I believe it is the old Texaco Building. The old enron building are the oval shaped greenish blue glass buidings. THat building was built in 1987, and I know Texaco/Chevron have been there for at least 10-15 of those years.