Check out this beautifully renovated condo with a 44 ft balcony and open floor plan. See the video.
Author: Maria Walley
Cincinnati & Northern Kentucky Luxury Condo Market Update 6.30.18
Edgecliff 1 Bedroom Condo with River views
River Terrace Condos in East Walnut Hills
It’s all about the views at River Terrace. Located in East Walnut Hills at the end of Ingleside Ave, this high rise has 12 floors and 60 condos. It was built in 1963 as an upscale apartment building and is now a luxury condo building. Almost every unit has a great view of the river and many have great city skyline views too. Whether you are looking for something newly updated or a fixer upper, River Terrace has many options. Prices range from $140,000 for a condo in original condition up to $350,000 for a renovated condo with a great view. River Terrace offer some of the best deals when it comes to river view condos in Cincinnati. Check out this video of a recently renovated condo at River Terrace.
The common areas have were updated in 2017 by Don Sparks of Lifestyle Designs, also an East Walnut Hills resident. This was a game changer for the building. Finally the hallways are worthy of these amazing views.
Current renovations are 10 A which has a beautiful upriver view and is currently listed for $295,000. It’s on the 10th floor and has undergone a complete renovation. It’s style is contemporary and very neutral. The master suite has a walk in shower and laundry. The second bathroom has an extra deep very modern tub surrounded by subway tile and quartz counter tops.. The kitchen really shines with sleek off white cabinets made by Stosa in Italy, quartz counter tops, open shelving and stainless appliances. The best part about this kitchen is that you can talk to your guests in the dining room and see the spectacular view all while preparing dinner. The condo is roomy at 1285 square feet. A typical condo in this building is 1285 to 1650 square feet. Unit 2D is also undergoing a renovation and wil be available in the spring of 2018.
The 12th floor is in the process of being combined and renovated to make one of the best penthouse condos in the whole city with 360 degree views of the city and views directly over the river.
What’s an original condo like? Think parquet floors and 55 year old kitchen cabinets and no laundry in the unit. Do you have what it takes to renovate a condo like this? If you do, please give me a call and I’ll find you a great opportunity. Condo sellers, I always have buyers looking for river view condos in East Walnut Hills and Eden Park.
Walk to Eden Park and many restaurants and cafes. It’s a short 13 minute walk to the Overlook at Eden Park and a 5 minute walk to Woodburn Ave where there are many fun places like Woodburn Brewery, Myrtle’s Punch House, O Pie O, Café DeSales. Urbana Cafe is also opening up a café on Woodburn. Walk up McMillan to get to Parkside Café, The Brew House, Just Q’uin BBQ, Fireside Pizza, Landlocked Social House and more. There’s several churches within walking distance. Unity and St. Francis DeSales are both within 10 minute walking distance. And there are no shortage of hair salons to walk to. My favorite is Parlour Salon.
Need more ideas of places to walk to in Cincinnati? Check out this article Spending the Day in East Walnut Hills.
Who lives in the building? A diverse group of people. River Terrace attracts old people and young people alike. Some are lifetime Cincinnatians and others are newly transferred professionals.
Rentals are allowed in the building and there are currently 4 units being rented. They allow up to 10% rentals. Rents typically run $1400 to $2000 in this building.
The building has a gym but no pool. It’s staffed 24 hours a day and the Security/Concierge will even park your car for you in the garage.
What are the downsides to this building? No pool and limited garage parking. There is enough parking for everyone to park one car in the garage but not enough parking for multiple cars per household. There is a nice off street parking lot adjacent to the building. Condo fees are a bit high at 70 cents per square foot but it is a very well built and well maintained building and includes heat, water, and air conditioning as well as 24 hour concierge and valet parking.
Bring your four legged friends. Pets are welcome at River Terrace. You can have up to 2 pets per household, no weight limit on dogs. It’s a terrific neighborhood for dog walking. I frequently see dogs with their owners enjoying a pint at Woodburn Brewery.
You may also be interested in The Edgecliff Private Residences , Saint James at the Park or Husman House. Both are in E. Walnut Hills and offer great views for reasonable prices.
Here’s One of the Best Condos in Hyde Park
There are many great neighborhoods in Cincinnati in which to begin your search for a new condo. Each offers a variety of homes, amenities, and perks to living there. Some of the most popular are Oakley, Over-the-Rhine, and Hyde Park.
Hyde Park is located in East Cincinnati and is one of the most popular areas in the city for aspiring owners of condos and single-family homes alike. The area also has a very healthy mix of starter/midsize and trade-up homes as well as a wide variety of condos. The area is very walkable and its proximity to Hyde Park Square, a trendy shopping and dining area, makes it popular with a wide range of people. Some of the area’s most well-known and sought-after condo complexes are Grassmoor, Georgian Terrace, Madison House and Regency. Prices for condos currently selling in Cincinnati’s Hyde Park range from $107,000 all the way up to $1.5 million. So you can be sure you’ll find a home that fits your needs. There are a few properties, however, that really stand out for their great features and affordable price points. The listing at 3744 Ashworth Drive is one such gem.
This condo for sale in Hyde Park is located within the Chestnut Station condo complex. This large, 3-bedroom, 2-and-a-half-bathroom unit provides excellent value for its listing price of $315,000. Located just down the street from the Hyde Park Golf and Country Club, this home features a loft, granite countertops, and hardwood floors. With its open floor plan and 1,700 square feet, you’ll enjoy having plenty of space, whether for entertaining or staying in for movie night. There’s plenty to walk to in East Hyde Park. Start with breakfast at Coffee Emporium. Still hungry? Take in a lunch at Bangkok Bistro. Drinks at Hap’s Irish Pub? Need some essentials? Stop in Tischbein’s Pharmacy. Forbe’s Magazine named Hyde Park one of the 10 best neighborhoods in the USA.
If you’ve been looking for condos for sale in Hyde Park and are interested in checking out this home or any of the many others that we have currently on the market, give the team here at Cincinnati Condo Connection a call. We would love to help you begin the journey to find your dream home today.
Buying a Home in Cincinnati: Spring 2018 Market Forecast
As the days start to turn slightly warmer and the snow finally begins to melt away, the Cincinnati housing market will begin to heat up. As in most places across the country, spring is one of the most popular times of year to sell or buy a home, which means it’s also a great time to look at real-estate trends and what we are likely to see in this year’s hottest buying season. Here are a few things we can expect both nationwide and in Cincinnati this year.
1. A slow start to the spring buying season
The new tax bill signed by President Trump last December will likely have an effect on how many sales are made early in the spring season. People will probably be taking a close look at their finances and doing their research to ensure the best course of action for them and their money given the new tax bill.
2. Increases in Homeownership
Despite low inventory levels across the country, home ownership numbers are increasing. According to Trulia, Q4 2017 was the fourth quarter in a row where the number of new homeowners was higher than the number of renters nationwide. In addition, Trulia research shows that many of those homeowners are millennials, which is a great sign that the real-estate market has finally begun to bounce back from the Great Recession. However, this same data also shows that more and more millennials are moving away from the city to the suburbs to find a better deal on a home. Increasing numbers of millennials may move to Cincinnati in 2018, given the area’s cheap prices and a high likelihood for home value appreciation
3. Prices continuing to slowly rise
Case Shiller data from October 2017 show that prices have climbed consistently over the past two years. In addition, the index shows that home prices increased 5.92 percent between January and October of last year. However, despite price growth, a recent article by Forbes names Cincinnati as one of “America’s Most Affordable Cities.” A December article published by Realtor.com, “The Hottest Real Estate Markets of 2017: Who Gained Big, Who Fell Hard”, also indicated Cincinnati as one of the country’s hottest real-estate markets for 2017. In the article’s list of the country’s 300 largest markets, Cincinnati jumped from a previous ranking of 117 to a ranking of 64. Economists speculate that this is likely due to the affordability of Cincinnati homes. Unlike most places in the country, there are still great homes available in Cincinnati in almost every price range. The current average listing price of a home for sale in Cincinnati is $156,000—a modest 4 percent increase over last year. Thus, although cheaper than most other metro areas, Cincinnati is following the same pattern of price appreciation.
In conclusion, despite what is likely to be a slow start to the buying season, it is clear that there will be plenty of movement in the Cincinnati market in 2018, and we may even see an influx of millennials and other first-time homebuyers moving to the city in search of a more affordable home.
Here’s one of the Best Condos for Sale In Oakley
More and more people are moving to Cincinnati every day and looking for available homes in a wide range of styles and budgets. For some potential buyers, quiet streets to raise their kids is extremely important, while for others, it is far more important to be near the hustle and bustle of downtown Cincinnati.
Here at Cincinnati Condo Connection, we work with a wide mixture of potential home buyers and sellers every day. However, when young home buyers want to purchase their first condo in Cincinnati, we find that we are recommending a few particular neighborhoods more than others. One of those special neighborhoods is Oakley.
Oakley is a picturesque neighborhood in northern Cincinnati that is known for its walkability, trendy shops, and amazing restaurants that are only a few blocks from the ever-popular Hyde Park Square (the center of Cincinnati’s boutique shopping). Located just a few miles from downtown, this neighborhood is an excellent area for all potential home buyers and also for those seeking a condo for sale in Oakley. Due to pedestrian-friendly streets and short commute time to downtown Cincinnati, it is especially popular with professionals and young families.
The houses for sale in Oakley vary from starter homes and midsize trade-ups to condos of all shapes and sizes. With so many options in homes, potential buyers may wonder what kind of bang for their buck they can get with a condo for sale in Oakley.
The property located at 2932 Markbreit Ave is a perfect example. This three-bedroom, three-bath home is currently listed at $699,900—a great deal higher than the average listing price for a home in Oakley, which is currently around $265,000. The bells and whistles that come with this home, however, definitely provide a great bang for your buck. Not only is this home a detached, three-story unit, it features almost $55,000 dollars in custom upgrades. Some of these upgrades include granite countertops, walk-in closets, and a rooftop deck.
If you’re interested in this property or another condo for sale in Oakley this year, make sure to check out our listings page to view all of our available properties, and then contact Maria Walley today to get started!
The Three Best Neighborhoods in Cincinnati for Condo Shopping
As we move closer and closer to spring time here in Cincinnati, the real estate market is beginning to heat up for potential buyers and sellers alike.
In fact, according to Realtor.com, there are currently 3,667 homes on the market and 3,552 homes for rent, and the current average listing price for the city of Cincinnati is $165,000. Although great homes can be found all over the city, the following neighborhoods in Cincinnati are likely to be your best bet for finding a wonderful deal on a condo.
Over-The-Rhine
Of all the neighborhoods in Cincinnati, Over-The-Rhine is the one with the most condos on the market—and it also happens to be one of the hippest, most popular areas in the city. According to Realtor, the area has an average listing price of $324,950, although prices currently range from $200,000 to $600,000. Most condos for sale in Over-the-Rhine are walking distance from area attractions like Findlay Market and a wide variety of coffee shops, restaurants, and nightlife. In addition, many homes for sale in OTR have been remodeled or upgraded within the last ten years. You can check out our recent article, “OTR: Best Deal on a Condo,” to see one of many homes that we recommend if you are considering purchasing a condo in OTR.
Walnut Hills
Although a little more removed from the hustle and bustle of downtown Cincinnati, Walnut Hills is still a great place to buy a home. There are currently around 35 condos on the market in Walnut Hills, with prices ranging from $110,000 all the way up to $995,000, so there is something here for everyone. As far as perks and amenities go, there are many options available. For instance, this two bedroom, two bath condo, located at River Terrace, 2401 Ingleside 10A. It features a stunning river view and has undergone a complete renovation. It’s listed at $285,000 and has valet parking. This one won’t last long. The Edgecliff Private Residences 2200 Victory Pkwy, 809 is currently listed at $349,900, features an in-unit skyline view, while the building includes a guest suite with a kitchen and a 24 hour concierge. Meanwhile, the $149,900, one bedroom, one bath unit at The Verona 2356 Park Avenue, 104 features in-unit wood floors and an address in a coveted historic building.
Hyde Park
Just a few minutes east of Walnut Hills is the Cincinnati neighborhood known as Hyde Park. Like OTR, Hyde Park is extremely walkable, a perfect location for those who enjoy being outside in their neighborhood. Although this area is also somewhat removed from downtown Cincinnati, it still offers plenty of easily accessible shops and restaurants and easy access to I-71. Currently, there are about 30 condominiums on the market in Hyde Park, ranging anywhere from $165,000 all the way up to 1.5 million. Given the high price range, it is no surprise that homes in Hyde Park boast a variety of amenities. This two bedroom, two bath home, located at Michigan Terrace, 3500 Michigan Avenue, 43, is listed for $799,000. The location alone is worth every penny. This property is located right on Hyde Park Square, amid the city’s most popular shopping and dining districts. The two bedroom two bath home at the Madison House, 2324 Madison Rd, 304, on the other hand, is listed for $148,500 and features a large balcony and wood flooring. The building provides valet parking service, a doorman, and a heated pool.
If one of these listings caught your eye, and you are considering purchasing a home in one of these neighborhoods in Cincinnati, give us a call today at (513) 215 – 3996 today and let us help you find the perfect condo for you.
Condo Buyers Checklist: 3 Tips to Make Buying a Condo Less Stressful
People make the decision to purchase a home for a variety of reasons. For some, it’s all about the location. For others, it’s about pricing and amenities, but most of all, it’s about potential return-on-investment in the future. Regardless of what you are looking for, the home-buying process can be an arduous one. Here are a few tips that, if applied, will make your condo purchase less stressful.
1. Evaluate your finances
This may seem obvious but the importance of preparing your finances when before a home purchase cannot be understated. Condos, in particular, come with some unique financial challenges, due to varying Homeowner Association rules. To help avoid confusion, both buyers and sellers should make sure to utilize the Condominium and Homeowner Association Checklist provided by the Cincinnati Area Board of Realtors. You should also ensure that your own financial statements show a history of good credit and on-time payments. For a deeper dive into how to boost your credit rating, check out Credit Repair’s recent article on “How to Fix your Credit to buy a Home.” In addition, make sure that you have saved up enough to fund at least a 5% down payment (although 20% is typically preferable) on your home
2. Research, Research, Research
You can be prepared for many of the curveballs that the condo-buying process will likely throw your way by doing lots of research. The best advice we can offer is simply to start early. Even if you may not be looking to purchase a new home right away, the more time you have to familiarize yourself with the area the better off you will be. Look at price ranges, appreciation likelihood, availabilities, and amenities. Then, create a list of must-haves for your new home, and continue to proactively add and subtract from that list throughout the process
3. Get help from a professional
As a potential home-buyer, it is in your best interest to find help from a licensed real estate agent. Not only can they help you decide which home to buy, they can offer much-needed help and advice throughout the purchase process.
Here at Cincinnati Condo Connection, we understand the intricacies of purchasing a Cincinnati condo for-sale. We have a proven track record of quality with both buyers and sellers and often know when new units will be available before they reach the market. Contact us to begin your search for a Cincinnati condo today!
Best Deal on a Condo in Over-the-Rhine
There are many beautiful, affordable homes on the market in Cincinnati. With each neighborhood providing a unique culture and great amenities there is something for every potential home-buyer.
Over-the-Rhine, one of Cincinnati’s most popular and historic neighborhoods, is no exception. The area is home to some of the city’s best restaurants: The Mercer, Pleasantry, Sartre and French Crust, as well as, Washington and Ziegler Park. The recently installed streetcar connects Over-the-Rhine to both the city’s business district and riverfront neighborhoods. Most homes for sale in the area are recently upgraded condos with lofts that range from $200,000 all the way up to $550,000.
Homes for sale in Over-the-Rhine are known for being slightly more expensive than other Cincinnati neighborhoods. The current, average listing price is $324,950. However, given the area’s growth over the last 20 years, as well as proximity to dining, shopping and nightlife, a home or condo for sale in Over-the-Rhine is almost guaranteed to be a great investment. In fact, Zillow predicts that home values will grow at least 3.7 percent over the next year.
One such listing is the home at 1326 Vine Street B, in the Trinity Flats condo complex. Natural lighting fills this open concept, two bedroom, one bathroom condo with a built-in loft. Chic wood flooring, updated appliances and granite countertops, make this home perfect Cincinnati professional or young family. In addition, The Trinity Flats building offers a rooftop resident deck, and onsite shopping and dining. This home is also only a 10-minute walk from Findlay Market. Findlay Market is a trendy spot that that is known and beloved by locals as the best place in the city to buy locally sourced goods. Currently listed at $279,000, this property provides excellent value for the interested condo buyer.
Are you interested in purchasing a condo in Over-the-Rhine this year? Check out our listings page to view all of our available properties.