Tuesday, June 20, 2006

More Convinced Not To Buy A Condo Right Now

So I thought I'd found a gem of a condo. There are some condos in Arlington that were being offered for the mid $200's for a 1 BR, a newly renovated former Executive Suites hotel. So now that I'll soon be paid a lot more, I attended my first ever condo party brouhaha at the Myerton Condominium. I will say, it was sweet drinking free booze and eating ample mediocre appetizers while pretending that I couldn't be more interested in the miniscule condos. Seriously, are people clamoring for condos averaging 540 square feet? You pretty much are forced to decide whether you want a couch or a dining table. Great... And all this for $270K. I guess the condo makers' assume the tried and true strategy to plop down some granite counters and stick some low quality stainless steel appliances in is enough to sell the product. That and a combo washer/dryer in the kitchen that looks like it should hold about 3 T-shirts. So not only do you get a chance to install a hybrid dinette set/futon to take advantage of the 10x10 main room, you get to do laundry about 3 times a week. I'm sure they'll sell just because of the low price tag (probably will take a while though), but I can definitely see future buyers remorse once they realize they can't fit anything. Of course they could pay $100K more for the 2 BR's which weigh in at a whopping 650 square feet. With minimal closet space. I'll chalk this up as a good experience. Because when free alcohol is involved, can there be a bad experience. But I think I'll keep surveying the landscape til something that's just right comes along.


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