northbeaumont Posted March 28, 2007 Share Posted March 28, 2007 I would like to live in a condominium. No lawn to mow. I found a couple of those buildings in Houston. One is in Clear Creek. One is called the Mosaic near Hermann Park. The Mosaic's condos start at $164,000. If I win that $66 millon lottery tonight I plan to buy one. Does anyone on this forum live in a condominium? Would any of you like to live in one? Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 I would like to live in a condominium. No lawn to mow. I found a couple of those buildings in Houston. One is in Clear Creek. One is called the Mosaic near Hermann Park. The Mosaic's condos start at $164,000. If I win that $66 millon lottery tonight I plan to buy one. Does anyone on this forum live in a condominium? Would any of you like to live in one? I dont live in one, but i am looking around for one for my son. He will be 20 soon The one i have been focussing on at present is 2016 Main. Link to comment Share on other sites More sharing options...
lockmat Posted March 28, 2007 Share Posted March 28, 2007 I dont live in one, but i am looking around for one for my son. He will be 20 soon The one i have been focussing on at present is 2016 Main. For your son? Dang, will you be my daddy? Link to comment Share on other sites More sharing options...
jdbaker Posted March 28, 2007 Share Posted March 28, 2007 I would like to live in a condominium. No lawn to mow. I found a couple of those buildings in Houston. One is in Clear Creek. One is called the Mosaic near Hermann Park. The Mosaic's condos start at $164,000. If I win that $66 millon lottery tonight I plan to buy one. Does anyone on this forum live in a condominium? Would any of you like to live in one?Yes. I own a unit at the Beaconsfield. Link to comment Share on other sites More sharing options...
musicman Posted March 28, 2007 Share Posted March 28, 2007 For your son? Dang, will you be my daddy?do the beyonce dance for him.....maybe he'll oblige. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 For your son? Dang, will you be my daddy? Ha I demand a lot from my boys and to date they have met and often times exceeded my demands. He has been asking for an apartment. The condo thing is my idea. I think its best to own than to rent or lease. So this i will make happen for him Link to comment Share on other sites More sharing options...
northbeaumont Posted March 28, 2007 Author Share Posted March 28, 2007 Ha I demand a lot from my boys and to date they have met and often times exceeded my demands. He has been asking for an apartment. The condo thing is my idea. I think its best to own than to rent or lease. So this i will make happen for him The website of the Mosaic has some photos taken from inside one of the condos. Out the window you have a good view of the city. It even had a counter/bar. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 The website of the Mosaic has some photos taken from inside one of the condos. Out the window you have a good view of the city. It even had a counter/bar. I really like this development. Unfotunately it is priced at more than i am willing to spend at this time. I have a ceiling of around $115k. Anymore than that and the wife will banish me to the couch for atleast a week or 2 Link to comment Share on other sites More sharing options...
UrbaNerd Posted March 28, 2007 Share Posted March 28, 2007 I really like this development. Unfotunately it is priced at more than i am willing to spend at this time. I have a ceiling of around $115k. Anymore than that and the wife will banish me to the couch for atleast a week or 2 Or, you could crash at your son's new place for the two weeks. I'm sure he would be more than happy to oblige. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 Or, you could crash at your son's new place for the two weeks. I'm sure he would be more than happy to oblige. I dont know. I think the idea is to get away from mom and dad, not having me around at his place I will say again, the renderings of Mosaic are really impressive, just more than im willing to spend Link to comment Share on other sites More sharing options...
Highway6 Posted March 28, 2007 Share Posted March 28, 2007 Yes. I own a unit at the Beaconsfield.Fine looking place.. how do you like it ? Link to comment Share on other sites More sharing options...
TheNiche Posted March 28, 2007 Share Posted March 28, 2007 I would like to live in a condominium. No lawn to mow. I found a couple of those buildings in Houston. One is in Clear Creek. One is called the Mosaic near Hermann Park. The Mosaic's condos start at $164,000. If I win that $66 millon lottery tonight I plan to buy one. Does anyone on this forum live in a condominium? Would any of you like to live in one?I live in one right now just south of the Texas Medical Center. The mortgage, insurance, and taxes account for about $400/mo., and the fees account for $175/mo. Altogether, it is easy, secure, and appreciating in value. Even so, I'm strongly considering downsizing as soon as I can afford to build out a room for myself in the addition of the house in Eastwood that'd keep my capitalized costs of housing even lower while I own that place. I haven't decided whether I'll sell the condo or lease it out, but I'm leaning toward the latter for at least the next couple of years. Link to comment Share on other sites More sharing options...
jdbaker Posted March 28, 2007 Share Posted March 28, 2007 I dont know. I think the idea is to get away from mom and dad, not having me around at his place I will say again, the renderings of Mosaic are really impressive, just more than im willing to spend Mosaic is not a good value at $350-$400 psf, if that makes a difference to you. You might try the Bayou lofts. They are worlds nicer than 2016 Main, and not that much more expensive on a psf basis when you account for lower maintenance fees and the city tax exemption. The units are generally under 1000sf and a few are listed for less than 200K. Link to comment Share on other sites More sharing options...
jdbaker Posted March 28, 2007 Share Posted March 28, 2007 Fine looking place.. how do you like it ? Thanks. I love it so far. It's an amazing building with a very interesting history. It's very quirky. Lots of character, as well as a great deal of functional obsolescence. It feels as though it has no business being in Houston. I really enjoy the contrast. I bought one of the few units that have yet to undergo six figure renovations, and I'm still in the process of remodeling, but I think it will be worth the effort. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 Mosaic is not a good value at $350-$400 psf, if that makes a difference to you. You might try the Bayou lofts. They are worlds nicer than 2016 Main, and not that much more expensive on a psf basis when you account for lower maintenance fees and the city tax exemption. The units are generally under 1000sf and a few are listed for less than 200K. The Bayou Lofts are nice, but there isnt anything at or near the $115k mark 2016 Mian has lower priced units that can be updated, a nice project for him, which is well within my budget at present. I like the fact that the METRO rail is right next to the building. My concern is the safety issues. Not worried about that for him, hes a big boy, he can handle it Im worried about safety for the wife when she undoubtedly visits him 3 or 4 times a week I have been reading comments about the area from the posters here in regard to safety, and some of them are a bit disturbing. As far as sq-footage....i was looking at between 500-600/650 sqft. Hes just a student If he needs anymore than that, he can keep his happy ass at home. He pretty much has the entire second floor to himself and the finished area of the attic. I think the realtors call that a Texas basement ;) Link to comment Share on other sites More sharing options...
lockmat Posted March 28, 2007 Share Posted March 28, 2007 do the beyonce dance for him.....maybe he'll oblige.haha, he just might Link to comment Share on other sites More sharing options...
northbeaumont Posted March 28, 2007 Author Share Posted March 28, 2007 I dont know. I think the idea is to get away from mom and dad, not having me around at his place I will say again, the renderings of Mosaic are really impressive, just more than im willing to spend If you win that $66 million tonight, you'll be able to buy the whole building. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 do the beyonce dance for him.....maybe he'll oblige. Not a chance Link to comment Share on other sites More sharing options...
jdbaker Posted March 28, 2007 Share Posted March 28, 2007 Not a chance You might want to check out this one, it's only $159,000. http://www.har.com/2479969 The maintenance fees at Bayou are $.45 as opposed to $.80-ish at 2016. You get free electricity at 2016, but Bayou has geothermal cooling, which should keep your bill well under $100 per month. Also, Bayou is exempt for city taxes which equates to a 20% savings on your tax bill. All things considered, your actual cost of ownership may be lower at Bayou. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 28, 2007 Share Posted March 28, 2007 You might want to check out this one, it's only $159,000. http://www.har.com/2479969 The maintenance fees at Bayou are $.45 as opposed to $.80-ish at 2016. You get free electricity at 2016, but Bayou has geothermal cooling, which should keep your bill well under $100 per month. Also, Bayou is exempt for city taxes which equates to a 20% savings on your tax bill. All things considered, your actual cost of ownership may be lower at Bayou. I did look at this one. I cannot tell if it has guest parking or not. I know that 2016 does. Does this building have guest parking? The price is still a bit high for me Im looking for just my soon to be 20 yr old at the moment, but i have 2 sons. What i get for one, the other is usually not too far behind, so gotta stay in budget Link to comment Share on other sites More sharing options...
jdbaker Posted March 29, 2007 Share Posted March 29, 2007 I did look at this one. I cannot tell if it has guest parking or not. I know that 2016 does. Does this building have guest parking?The price is still a bit high for me Im looking for just my soon to be 20 yr old at the moment, but i have 2 sons. What i get for one, the other is usually not too far behind, so gotta stay in budget There is no guest parking at Bayou, which makes guest parking an issue on Friday and Saturday. In fact, I don't think any of the historical district lofts have guest parking. I just moved from Bayou to the Beaconsfield, which is very close to 2016. Ample street parking is definitely a benefit of the south side (e.g. 2016 side) of downtown. Don't let people scare you about crime. It's primarily of the nuisance variety and not the random violence type. In other words, not the kind of crime that you really need to worry about if you've spent any time in an urban area. Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 29, 2007 Share Posted March 29, 2007 There is no guest parking at Bayou, which makes guest parking an issue on Friday and Saturday. In fact, I don't think any of the historical district lofts have guest parking. I just moved from Bayou to the Beaconsfield, which is very close to 2016. Ample street parking is definitely a benefit of the south side (e.g. 2016 side) of downtown. Don't let people scare you about crime. It's primarily of the nuisance variety and not the random violence type. In other words, not the kind of crime that you really need to worry about if you've spent any time in an urban area.I didnt think there was any guest parking, but i wasnt sure. Thanks for the info. The lack of guest parking and price will 86 this building for me/him.The crime around 2016, from what i gather from many posters here, is due large in part to the bus station. I have no concerns for my boys safety, he can handle himself. Im more concerned about the wife visiting him and having to deal with some silly, drunk or cracked out bastard harrassing her. I will drive around the area this Fri. and Sat. to get a better perspective. Link to comment Share on other sites More sharing options...
lockmat Posted March 29, 2007 Share Posted March 29, 2007 There is no guest parking at Bayou, which makes guest parking an issue on Friday and Saturday. In fact, I don't think any of the historical district lofts have guest parking. I just moved from Bayou to the Beaconsfield, which is very close to 2016. Ample street parking is definitely a benefit of the south side (e.g. 2016 side) of downtown. Don't let people scare you about crime. It's primarily of the nuisance variety and not the random violence type. In other words, not the kind of crime that you really need to worry about if you've spent any time in an urban area.People who live in condos that have no condos still have guests, right? They must. So how do they normally cope with it? Link to comment Share on other sites More sharing options...
Houston1stWordOnTheMoon Posted March 29, 2007 Share Posted March 29, 2007 People who live in condos that have no condos still have guests, right? They must. So how do they normally cope with it? Thats a good question. I didnt even notice any surface parking nearby. Link to comment Share on other sites More sharing options...
jdbaker Posted March 29, 2007 Share Posted March 29, 2007 People who live in condos that have no condos still have guests, right? They must. So how do they normally cope with it?Well, there is metered street parking all over downtown, which provides an easy solution unless it's Friday or Saturday night when the club patrons are in town. If I'm having a guest over on the weekend I usually park my car on the street before the clubs start bumping and then use my reserved space for my guest. A minor inconvenience, but it works. Link to comment Share on other sites More sharing options...
lockmat Posted March 29, 2007 Share Posted March 29, 2007 Well, there is metered street parking all over downtown, which provides an easy solution unless it's Friday or Saturday night when the club patrons are in town. If I'm having a guest over on the weekend I usually park my car on the street before the clubs start bumping and then use my reserved space for my guest. A minor inconvenience, but it works. That's what I figured. Just wondering if there was some magical parking garage that would show up > And I was LOL when I reread my comment..."People who live in condos that have no condos"...hmmm, I'm not sure what I was thinking, but thanks for getting by my incompetency. Link to comment Share on other sites More sharing options...
Houston19514 Posted March 29, 2007 Share Posted March 29, 2007 Mosaic is not a good value at $350-$400 psf, if that makes a difference to you.Where'd you get that price range? I thought they were closer to 275-350 psf price range Link to comment Share on other sites More sharing options...
jdbaker Posted March 29, 2007 Share Posted March 29, 2007 Where'd you get that price range? I thought they were closer to 275-350 psf price rangehar.com shows eight listings1. $866,900 - 1859 sf = $466 psf2. $825,900 - 1909 sf = $432 psf3. $629,900 - 1532 sf = $411 psf4. $544,000 - 1469 sf = $370 psf5. $431,000 - 1184 sf = $364 psf6. $295,900 - 846 sf = $349 psf7. $274,900 - 748 sf = $367 psf8. $263,900 - 767 sf = $344 psf Link to comment Share on other sites More sharing options...
Houston19514 Posted March 29, 2007 Share Posted March 29, 2007 har.com shows eight listings1. $866,900 - 1859 sf = $466 psf2. $825,900 - 1909 sf = $432 psf3. $629,900 - 1532 sf = $411 psf4. $544,000 - 1469 sf = $370 psf5. $431,000 - 1184 sf = $364 psf6. $295,900 - 846 sf = $349 psf7. $274,900 - 748 sf = $367 psf8. $263,900 - 767 sf = $344 psfWow. I did notice, though, that all of those listings are on floors 20 and up, so they would be significantly more expensive per square foot than those on floors 19 and below. Link to comment Share on other sites More sharing options...
jdbaker Posted March 30, 2007 Share Posted March 30, 2007 Wow. I did notice, though, that all of those listings are on floors 20 and up, so they would be significantly more expensive per square foot than those on floors 19 and below.I suspect the upper floors might command a 10%-20% premium at most. Even assuming a 20% discount on the lower floors, this is still way too much if you care about resale value. Link to comment Share on other sites More sharing options...
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