First Floor Condo Worth More

But there are drawbacks you should know about like pests break ins and more noise.

First floor condo worth more.

If it s really close to the lobby and facing the front that could be 20 percent less says kobi lahav senior managing director at living ny. This is something to keep in mind when you re comparing apartments. I ll give the big win to the first floor and a minor win to floors 2 4 who wants to jog up more than 4 floors tip take stock of the number of elevators and how fast they run. First floor apartments are sometimes less expensive than units on higher floors can come with private outdoor spaces and simply make more sense for folks with babies in strollers dogs to walk or mobility issues.

Also rooms on the first floor don t get too much natural light so you may find yourself spending more for lighting. To make a first floor unit more enticing some managers will put upgraded appliances and other amenities into the unit. Yeah we don t really have a view. It can get really cold during the rainy season which means an increase in heating costs.

With only 8 units our building doesn t have a super and our. For reasons i m unsure of traditionally superintendents often live in first floor apartments. That said typically a first floor unit can be up to 15 percent cheaper than something comparable on a higher floor or more if the apartment s less than ideal. There are no right and wrong answers when it comes to deciding which floor to choose to get your condo unit.