For some reason, people have come to treat Zestimates are the defacto standard. Maybe it has something to do with our desire for instant gratification. In today’s internet-obsessed society, we want instant answers. How accurate are they? Not very. They are better used as a starting point for determining value, not the endpoint.
I work with a lot of investors and a lot of what I call ‘accidental investors’ - people who had no intention of becoming a real estate investor, but do so when they move and rent out their property because it ‘almost covers the mortgage’. I cringe when I hear that phrase.
Having worked with hundreds of condo buyers & sellers the past 15 years, I've seen these five common mistakes buyers make. Sometimes they are costly and sometimes they result in the buyer missing their dream condo.
The phrase 'million dollar view' has been used all too frequently in real estate, but for the condo buildings below, the view really can be worth a million dollars. For more info on any of the buildings or to see available listings in the building, click on link in the building name.