When it comes to shopping for homes in New York City, there is no comparing to the Upper West Side area of the city. Whether this home is an investment property or a primary residence, there are many great Upper West Side condos for sale. However, when it comes to choosing the right condos in the area, there are several considerations to take first. The value of Upper West Side condos for sale, have gone up tremendously in the past few years, and are expected to rise even more in the coming years. With this in mind, buyers should try to get in with the right home now before prices increase any more.
The reason these homes are growing in popularity so much is because the Upper West Side is such a popular area in the city. With so many restaurants, bars and entertainment venues within the area, many are flocking to this popular neighborhood to get the most of city life. With this in mind, as you search for new Upper West Side condos for sale, make sure to pay close attention to the nearby amenities and public transportation that is available. This can help tremendously not only with resale value, but with getting the most out of this area of the city. Keep in mind that certain homes, particularly along the river and near Lincoln Square, will typically be more than others in the neighborhood, due to their prime location.
The median price per square foot of homes in the Upper West Side tends to be quite higher than the median price per square foot of the city’s average, which is around $492 per square foot. The average cost per square foot in this neighborhood is typically around $1500. The good news for buyers is that this typically means that these homes also come filled with high end features. Luxury properties in the area are known for having great building amenities and for being some of the most luxurious and unique homes in the city. As you look for Upper West Side condos for sale, you will quickly notice just how high of a standard that this neighborhood sets and just how unique some of the homes in this area truly are.
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