Quote :

"The Elysian hotel suites are priced from $480,000 to $950,000 and range from 608 to 1,264 square feet."

Chicago prices

Quote :

"The Elysian Suites will range from 608 to 1,264 square feet and will be elegantly appointed and fully furnished with rich woods, fine upholsteries and linens, as well as fireplaces, French windows, plasma televisions, urban kitchens, terraces and lavish stone baths. Owners of the luxurious one-bedroom suites may enjoy them exclusively or place them in the hotel rental program. Owners will have exclusive use of a handsomely detailed personal armoire to store clothing and other special items until their next visit."

that's with a shit load more amenities, furnished, etc

in downtown Chicago, brand new and in the same rough range.

9/28/2006 3:49:12 PM

really though, have any of you ever lived for any extended period of time outside NC?

(i know bobby has at least)

http://www.condohotelcenter.com/condo-hotels/featured-properties/solis.htm

[Edited on September 28, 2006 at 3:51 PM. Reason : link]

9/28/2006 3:50:01 PM

have to start somewhere....

9/28/2006 3:55:06 PM

i wouldnt call $480-950k for one bedroom "hotel suites" (read, not multiple rooms) in chicago in the "same rough range" as $218-$377k one bedroom apts at raleigh.

...and if you read closely, you'll see that the people who own those "hotel suites" dont have free access to the gym, spa, and pool...thats only for the "private residences", which start at $2.6mil.


...and to answer your question, i only lived in NC for about 7 years of my life. i currently live in baltimore.

9/28/2006 4:02:32 PM

Quote :

"also think its a great idea to buy a big house in-the-fucking-middle-of-nowhere-Garner, NC just because, well, its big. "

you act like everything thats not downtown is in garner or the middle of nowhere when in fact many areas in the suburbs are less in the middle of nowhere than downtown raleigh. when quality is constant bigger is always better.

how much more can i really do living downtown than i could living somewhere outside of downtown? raleigh is spread out anyway.

9/28/2006 4:25:20 PM

Quote :

"not saying it's a bad idea, i'm all for city living, the price they are offering them at though is about 25 - 30% too high for the market.... (just a wild guess really) "

So does your small ranch house for the same price have a view of the city? Does it have a rooftop pool? No yard work? Secure building...no worries about people getting in? Brand new Granite counters?

This is your opinion...I myself am with you and would rather have a house, but I can definatly see the draw for these. You just aren't compairing apples to apples.

9/28/2006 4:26:41 PM

Quote :

"when quality is constant bigger is always better. "

i respectfully disagree.

[Edited on September 28, 2006 at 4:28 PM. Reason : dur]

9/28/2006 4:27:18 PM

I live at the Dawson currently in the middle of downtown, and I previously lived at a house off Lineberry not far from downtown, and it is an entirely different lifestyle. I would much rather live downtown than 5-10 minutes out

9/28/2006 4:27:45 PM

damn, the dawson is expensive....

9/28/2006 4:42:36 PM

i like the ferrari out front in the pictures

9/28/2006 4:43:11 PM

http://www.trulia.com/property/27701123-200-S-Dawson-St-116-Raleigh-NC-27601

http://www.trulia.com/real_estate/Raleigh-North_Carolina/

http://www.trulia.com/property/27047102-1050-Washington-St-203-Raleigh-NC-27605

seems like most of the ones for sale you get more sqft'age for the price....

http://www.trulia.com/property/28369388-720-Bishops-Park-Drive-207-Raleigh-NC-27605

[Edited on September 28, 2006 at 5:09 PM. Reason : d]

9/28/2006 5:06:57 PM

Quote :

"We're sorry—we did not find any similar nearby homes for sale."

9/28/2006 5:09:27 PM

Quote :

" Compared to similar recently sold homes: HIGH "

9/28/2006 5:10:09 PM

they are arguably the nicest condos downtown aren't they - of course they are higher than other nearby spots....

9/28/2006 5:10:46 PM

yes and cheaper than most of the RBC ones by a considerable margin.... (almost double from the high end ones)

you can do a lot with 300k more

9/28/2006 5:17:17 PM

you do realize that the dawson has different floor plans right?

the 3brs at the dawson are going for ~750k i believe....i'll bttt this once they are completed and you are proven wrong

9/28/2006 5:20:29 PM

i highly doubt i'll care enough by the time they are completed....

[Edited on September 28, 2006 at 5:37 PM. Reason : the 3brs at the dawson are going for ~750k i believe.... you pulled what out your ass again?]

9/28/2006 5:37:30 PM

Quote :

"you act like everything thats not downtown is in garner or the middle of nowhere when in fact many areas in the suburbs are less in the middle of nowhere than downtown raleigh. when quality is constant bigger is always better."

Actually I didn't insinuate that at all. My sentance is pretty clear and concise, learn to comprehend before replying to my posts.

9/28/2006 5:39:42 PM

that # wasn't pulled out of my ass - it was from a tour i did of a 3br - i said i believe b/c i don't have documentation to back it up

9/28/2006 5:45:06 PM

Transfer Information

Deed Date 4/26/2006
Book & Page 11923 2200
Revenue Stamps
Pkg Sale Date 8/12/2005
Pkg Sale Price $735,000
Land Sale Date
Land Sale Price

Improvement Summary

Total Units 1
Recycle Units 1
Apt/SC Sqft
Heated Area 2,888


That's for a 3br at the Dawson on the top floor

9/28/2006 5:47:34 PM

rather close...

9/28/2006 5:47:53 PM

Quote :

"So does your small ranch house for the same price have a view of the city? Does it have a rooftop pool? No yard work? Secure building...no worries about people getting in? Brand new Granite counters? This is your opinion...I myself am with you and would rather have a house, but I can definatly see the draw for these. You just aren't compairing apples to apples."

i can get a landscaping company contracted, a much better, top of the line pool(mine exclusively), the best security, granite is not that expenssive at all (just alot compared to other surfaces) and still have at least 100k to spare. so is a view of raleigh worth a few hundred thousand dollars? thats the question you have to askyourself before buying this.

Quote :

""when quality is constant bigger is always better."

how can you agree with this. thats like saying a can of coke +1 dollar bill is better than a can of coke.

Quote :

""also think its a great idea to buy a big house in-the-fucking-middle-of-nowhere-Garner, NC just because, well, its big. ""

no but its great to buy a big house 10-15 minutes from downtown because well, its VALUE.

9/28/2006 8:25:30 PM

here's a little tip for you.

You have your preferences, others have theirs.

THAT'S WHY THERE'S SEVERAL FUCKING OPTIONS FOR HOME OWNERSHIP YOU RETARDED GOOK.

9/28/2006 8:54:18 PM

^i implied you have your own preferences. i may be retarded but i rather be retarded and literate than sane and illiterate

Quote :

"so is a view of raleigh worth a few hundred thousand dollars? thats the question you have to askyourself before buying this. "

9/28/2006 9:07:33 PM

You used a blanket statement, "bigger is always better." That certainly does not imply any concession of personal preferences. At best, you are contradictory. At worst, you are stupid.

Also, you're the last person to be talking about literacy. Your writing makes my eyes bleed and only makes sense to people who move their lips when they read. Children in second grade write more coherently than your drivel.

9/28/2006 9:22:53 PM

because i write my best on tww

you read one phrase and leave out the rest of the sentence then take it out of context.

Quote :

"when quality is the same..."

9/28/2006 10:07:46 PM

It still ain't true, chief.

9/28/2006 10:09:32 PM

then why is the 3 br floorplan more than the 2br and the 2br more than the 1br?

why is price generally directly proportional to sq feet in almost every development?

9/28/2006 10:13:50 PM

purchase it as a second home live in it 2 weeks out of the year and you're straight.

rent it the other times.

[Edited on September 28, 2006 at 10:49 PM. Reason : 2]

9/28/2006 10:49:43 PM

^^"location, location, location"


Most people would rather live in a smaller house in North or West Raleigh than a bigger house of equal quality in East Raleigh. That's why you can get a 3000sq foot house off of buffaloe road for the same price as a 2000sq foot house in Leesville.

9/28/2006 11:05:38 PM

well thats because they think it is worth the extra money to be there but they still arent getting a better house. they are just paying to be closer to work/whole foods or further away from poor people or minorities.

also leesville is further away from downtown raleigh so they may actually be "further away" but im not the one saying downtown raleigh is the center of this area (this area doesnt have a "center" imo and thats why paying texas for these condoes is silly.


and the difference between those locations and north raleigh vs downtown condo is like tin fold

9/28/2006 11:12:47 PM

I'd personally take the loot, buy some land near wake county and build a pimp ass house

9/28/2006 11:15:44 PM

^and still have cash left

9/28/2006 11:17:39 PM

I'd spend the balance on remaining land

but that might be because I am in the land business

9/28/2006 11:19:18 PM

for 700k you could buy about half of eastern nc

9/28/2006 11:20:27 PM

^^^^^Well, there you go. You just admitted that "when quality is constant, bigger is always better" is fucking false.

But you probably don't have the mental capacity to realize that.

[Edited on September 28, 2006 at 11:21 PM. Reason : asgd]

9/28/2006 11:20:50 PM

^^ hahahah... that might get you a couple hundred acres if you got a good deal

9/28/2006 11:22:11 PM

location doesnt change the quality of the house (assuming its not in a disaster zone or something extreme (east raleigh aint bad)

9/28/2006 11:27:15 PM

Remember that "when quality is constant" bit that you fucking said?


Houses of the SAME quality in North Raleigh and Northwest Raleigh and Inside the Beltline cost way the fuck more than houses of the SAME quality in East Raleigh. That is a fucking fact. If you don't understand this, just fucking shoot yourself now.

9/28/2006 11:30:10 PM

just because of demand not because of quality. north raleigh is closer to rtp for starters.

9/29/2006 12:26:32 AM

yea and demand is different for downtown than North Raleigh or anywhere else, so its not a comparison...it is a choice of lifestyles

As I've said, I live downtown now and have experienced both perspectives. For me, I enjoy the downtown lifestyle, and I would gladly pay the 300k for my place at 222 Glenwood when they finish, than buy a house for the same in North Raleigh or somewhere else. It is also a better investment, but everyone is entitled to their own opinion and preferences

[Edited on September 29, 2006 at 12:51 AM. Reason : .]

9/29/2006 12:50:07 AM

sure its a better investment. that doesnt make it a better place to live. if the north raleigh house was downtown there woudnt be a question.

[Edited on September 29, 2006 at 1:20 AM. Reason : ha]

9/29/2006 1:19:53 AM

Quote :

"It is also a better investment"

better investment than what? a house in north raleigh?

i don't know how you came up with that but you could be right or wrong

Quote :

"sure its a better investment. that doesnt make it a better place to live. if the north raleigh house was downtown there woudnt be a question."

you must really be a dumb ass to say something like that

[Edited on September 29, 2006 at 1:20 AM. Reason : ]

9/29/2006 1:19:56 AM

the problem I have is that it's RALEIGH downtown. It's not baltimore like where sober lives, it's RALEIGH. we don't even HAVE a downtown. seriously, go to downtown raleigh during the day on a saturday and you won't see ANYONE walking around, shopping, ect. It's not a real downtown yet, but you're paying real downtown prices. and yes, I know I said "YET." Raleigh has years and years before it's even comparable to charlotte.

9/29/2006 9:12:35 AM

Quote :

"baltimore"

Downtown Baltimore sucks...if you can't see water, its not good.

Thats off the subject but at least say a downtown that doesn't suck.

9/29/2006 9:17:30 AM

in order to turn it into a "real" downtown area, you need people (and people with money)....so this is the first step. if you look at the picture, there really aren't that many upscale condos in the city (or in the area in general) compared to other residential properties.

as i said earlier, living in the city becoming "hot" again....there was a trend for a while when people wanted to live in planned communities (such as cary). that trend is starting to turn and getrification and urban renewal is spreading like wildfire.

of course it will take years and years, but we aren't talking about decades here. i've lived in several places now where downtown revitalization has happened...and it happens faster then you would think.

^i don't get why people insist on posting when its obvious they don't know what they're talking about.



[Edited on September 29, 2006 at 9:20 AM. Reason : d]

9/29/2006 9:19:42 AM

plenty of people don't care about living downtown at all

9/29/2006 9:20:17 AM

...but enough people do to make it worthwhile.

9/29/2006 9:21:35 AM

if you do not consider the location (neighbors, schools, security, surrounding property value, zoning policies) to be factors in the "quality" of a home, then you are an idiot and should be shot.

Please, go buy yourself an acre in chavis heights and leave the rest of us alone

9/29/2006 9:25:32 AM

Quote :

"better investment than what? a house in north raleigh? i don't know how you came up with that but you could be right or wrong"

Keep in mind that you are buying these places preconstruction...you put 5% down and then don't pay anything for roughly 2 years until they finish construction. While you might not be making a mortgage payment, you still get all the appreciation over those 2 years

9/29/2006 10:07:44 AM