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mutjeng2

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  1. Yeah, my realtor showed me some townhomes right next to the train tracks and one of them literally the windows were right outside the train! It seems like you the price of these townhomes are in relation to how close they are to the tracks. Some townhomes look pretty cool but they are around 250k-325k. A similar home say south of washington in the Rice Military would cost 325k-400k. Why do you think the construction would be necessarily better than the Edge? Is it because the Rise is made of steel and concrete? I do think that this structural integrity will last longer and I really do like this industrial/urban look that it portrays. But I'm wondering about the sheetrock thats used inbetween units?
  2. Resurrecting an old topic Just wanted to get some additional feedback to anybody else out there. I'm a young single professional (30), working in downtown. I really didnt' think about getting into a condo, but the building is so close to work that I had to check it out. I agree with some of the old posters that yeah, some parts did seem a little run down but i guess that goes along with the industrial character. I guess this is due to the fact that this is a rental conversion. There is an upgrade package available but it is pretty pricey and honestly I would rather do the upgrades myself. I do like this look compared to the edge condo's which are next door. The edge is more a traditional look and layout, not your urban loft space like Rise. The edge is also more expensive per sq/ft, I guess this goes along with other posters stating that you pay a premium for a new building. It also has more ammenities, a gym, movie theater and a lounge. Speaking of the urban look of Rise, I wonder how the sound proofing is in the building. The concrete which they use for the floors and ceilings should not be a problem but the walls are regular wall material. I would imagine with the type of people this place attracts that there could be a lot of partying over here and I'm not sure how much they skimped on construction. The condo fees are still 22cents/sq foot, which have been stable for a while which also makes me wary if the seller (ie Post properties) is subsidizing this to entice new buyers. It's not too bad considering that other places in downtown are much higher. The edge is at 28c/sq ft. I thought these would be more even. But I guess the added ammenities are more expensive to keep up with. Then again, the Rise building is much older so there may be some pricey maintenence coming up. The price of the units are actually coming down I believe I don't know what they started out at but a 2br unit runs from 310K to 370K. and the 1br from 230k to 275k. I like the idea of living downtown but things may change in the next 5 years and I wonder how well a 2br 2000sq place would sublease later on. It seems like all this talk about which way midtown is heading is going back and forth. I've been looking for some time now and I thought I was set on a 4 story townhouse in the Rice military. But I can't ignore the convnience to be able to bicycle to work (not quite close enough to walk). Not to mention the amazing views you get from the 2bedroom units. If anybody has any more info or opinions on this place please post. I actually was in this building in 2002 through a co-worker i've since lost touch with but I really didn't pay much attention to it back then.
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