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Blkphoenix

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Everything posted by Blkphoenix

  1. As a newly single female, looking for a secure place was a top priority. I am under contract for a townhome at Southpoint. Although expensive at $148 per sq ft., it was still more affordable than anything else I was looking at inside the loop that fit my preferences. I am moving out a townhome in the Heights and would have preferred to stay in the Rice Military, Cottage Grove area, but the townhomes start well above $200K. I was looking for a gated community, but did not want to live in a 6 unit townhome complex that was gated. My preference was for a gated neighborhood feel. Each of their homes is equipped with a house alarm that can also be connected with HPD. If you chose not to subscribe, you will still have that alarm feature, which can still be heard by your neighbors. My other concern was resale value. The townhomes surrounding this project are Lovett homes (owned by Frank Liu) with a starting price that is considerably higher than Southpoint. The land surrounding the project is also owned by Frank Liu. Although I'm not a fan of Mr. Liu and his projects, his homes are in the higher market price bracket, which will help Southpoint keep up its value. I guess it all depends at what point you are in your life and what your preferences are at that time. Having the amenities of an apartment complex is convenient. Finding a place inside the loop that was affordable, safe, and looked to be a good investment were my concerns. While Southpoint certainly isn't a dream house, it has many good points, and I would recommend it for consideration.
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