Great article from the New York Times concerning which building improvements actually improve your re-sale value. The Times requires registration, but it's two seconds and you should be registered there anyway. Lifted it from Closing Real Estate in Chicago... the type of blog Realtors should actually read to help their clients.
Listen, Lake Shore Drive... work-out room, work-out room, work-out room! $460 assessment and no work out facility!
As a condo board president, maintenance and amenity decisions must be made and are substantial to property values. Welcome once again to the good times of my everyday. You learn alot about the owners at your condo meeting when you propose an assessment increase to fund the reserve... especially when the wine is flowing.
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