Location, location, and location are frequently cited as the three most crucial considerations when purchasing Upper West Side condos. However, some people have to forgo a decent location due to financial limitations and the condo unit’s existing property value.
While it’s crucial to keep an eye on your budget when you look for a condo, you shouldn’t allow it to be the only thing you take into account. The property value of a condominium unit you purchased in a desirable location would increase over time more than a unit in an undesirable area. In addition, the location of your condo property will impact your convenience and way of life.
Accessibility
An excellent location for your condo, like the ones at 96+Broadway, is convenient to the city’s business district and popular tourist attractions. The reason you originally purchased a condo may be defeated by a condo nestled away in a remote region that feels more like suburban sprawl. Choose a well-placed condo near a city’s transit hubs to guarantee you are always close to the excitement. It needs to have several ports of entrance so that you have choices if the need arises.
Security and Safety
When selecting Upper West Side condos, your safety and your family’s safety should come first. You might want to consider another condo if the area where the condo is located has a high crime rate or is prone to natural catastrophes. According to studies, an area’s high crime rate can lower a condo’s property value over the years, making it harder and less profitable to sell.
