Building should be clad by end of month. Exterior insulation/paneling is already going up on the SW corner. First residents should be in by mid July!
More price increases for Fairweather this morning. About $513 per square foot now for 1 bedroom.
Double edged sword there. Yay, but damn.
Well, The Fairweather is a concrete structure and not stick built, so thereās that. It should command whatās top of market based on that alone IMO.
I doubt the average buyer would care that much if they thought the finished product was luxurious. Give my girlfriend marble, big windows, etc, she could care less about the rest of it.
Could I buy one square foot? Just need a place to stand with a roof over my head.
Not on a 30-year mortgage.
The ~$2/mo. on the mortgage isnāt bad, but youāre going to have to scrounge up $100+ for the downpayment to avoid PMI.
Maybe I can get 2 sq ft and rent out half on air bnb
Build an ADU on the second sq.ft. ā thatās an income stream. #LandlordFIRE #househacking
Iāve lived in condos that were stick-built and ones that are concrete. Where the difference really came into play for me was noise from floor to floor, and the floors themselves. My concrete condos were much quieter and the floors didnāt creak after a while.
You can fancy up anything, but those fundamentals are luxurious to me.
And your girlfriend (@Boltman) will start to care less about the marble big windows when the neighbors upstairs are waking her up every weekend.
Why I bought a townhome. No one upstairs . Only one more month and finally ready!!
Next-door neighbors are worse imo. I live in a renovated historic mill, and sometimes I wake up thinking my neighbors are actually in my bedroom. Our building has steel studs in between the lofts though.
Iām guessing that they didnāt do offset studs on the demising walls.
Apparently you shouldnāt (/canāt?) do that with steel framing?
Now that I think of it, we definitely have a double wall between apartments, because the demising walls sit under/flush with the edge of the flange of a steel beam on either side of our apartment. This is likely the problem. While I love this detail because the beam makes for a nice bookshelf in our sleeping loft, I would imagine the exposed steel is a huge sound bridge between apartments.
The price we pay for coolness, huh?
I too couldnāt imagine covering that up.
Thereās only one in Raleighā¦Caraleigh Millsā¦?
Wake Forest, Franklinton, Morganton, Asheboro and Edenton do too off the top of my headā¦
Thereās also The Cotton Mill @ Capital & Peace.