Condo purchase and Resale value

Whether a condo or townhome will appreciate depends on various factors, including the location, property condition, and the overall real estate market. Real estate can generally appreciate in value over time, but it is not guaranteed, and there are no certainties when it comes to real estate investments. As for whether it is better to sell or rent out a property, that will depend on your personal goals and circumstances, if you want to generate income, renting out the property might be a good option. However, if you are looking to sell the property in the future, you will need to consider factors such as the demand for rentals in the area and the potential return on investment. Ultimately, deciding whether to buy a condo or a townhome, and whether to sell or rent it out, will depend on your circumstances and goals. It is always a good idea to research and consider all your options before making a decision.

Usually condos don't appreciate in price a lot. It's a good investment opportunity as well as a townhome if properties are in desirable location. But remember that condominiums have much hinger HOA fees, especially high-rises. So make sure that numbers on your investment are very conservative, in case the property will be vacant while you are looking for a tenant - you still have to pay those HOA.
Feel free to contact me and I'll share my opinion and experience on investment properties and most desired locations.

Condo typically appreciate less than single family houses and the cash flow can be hurt by high maintenance fees.
The main advantage of condos is their price point, they are the most affordable investment opportunity.
francois@cozy-homes.com

The resale values on condos and fee simple townhomes both follow the local real estate market, but condos seem to be much more variable in price. Fee simple townhomes have much lower HOA dues than condos and generally have better resale values.

Leonardo, I have seen you post multiple questions in regards to investment, and I would love to speak with you. I have an office on Kirby and Westheimer if that works for you. I'm not sure what your goals are, but both condos and townhouse can be lucrative investments whether you are wanting to flip them or utilize them as lease properties. I can help you find investment properties an help figure out if it is worth your effort. Call/text/email me anytime 832-373-9755---cody@interohouston.com

Hi Leo,

I am unsure what your question is? Are you asking if it is better to buy a condo or townhouse as an investment if you are renting it? Please contact me and we can discuss this further.

Dori Lacamu, ABR, CNE, GRI, SMP
Broker Associate
Keller Williams Metropolitan
5050 Westheimer, Suite 200
Houston, TX 77056
Direct: (281) 788-0495
DoriLacamu@kw.com