The Return Of “Condo Conversions”?

The Return Of “Condo Conversions”? August 30, 2015

While the idea of spending $200,000 for an 1,100 sq ft condo conversion may sound ABSURD, apparently this market MAY be coming back.

While I think it’s a stretch to consider a condo conversion a “new” property,  many developers had success during the “boom”. This article does a great job of discussing the origin and adversity that affected the condo-conversion market over the past decade.  Whether or not this business model will prove successful moving forward remains to be seen…

Click Here For The Full Article via the LVRJ

Bryan Lebo

As an expert on market conditions, much of my job entails reading / researching media reports both for accuracy as well as the potential effect the media's "perception" may have on the future market. Through this blog, my clients now have access to the same content I'm researching.

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