Wednesday, October 15, 2014

Noah Properties condo seeks 30% price increase after 18 months

Here's the story.

This is a show we’ve seen a number of times before, and it’s generally had a happy ending for the home seller.

A 3-bedroom, 2 ½ bath Noah Properties condo at 4042 N Western Ave that was purchased 18 months ago for $329,900 has just been listed for resale at $432,900. We shot the above video in February of last year at an incomplete unit in the development.
It’s not unusual for Noah Properties’ developments to sell out pre-completion, and also not unusual for resales to fetch significant price premiums.

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More information on Noah Properties can be found here.

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