Austin Condo News

6 Things You Need to Know About Buying a Condo in Austin

6 things you need to know about buying a condo in Austin

1. Hire a Specialist

Working with someone who understands how a condo operates is incredibly important. Understanding HOAs and the documents required. Before buying a condo you need documents like insurance coverage, HOA meeting minutes, condo resale certificates, etc. Having an agent help you make the best decision and help you prepare can make a HUGE difference.

2. Asses the Amenities

Understand what the building has to offer and whether or not it will fit your lifestyle. Do the HOA fees match the level of amenities? Austin is notoriously a city where the  people spend the same amount of time working as they do playing. Looking for a condo with a club house, pool, and 24 hour desk presence, would be in your best interest if you like to play too.

3. Check out the Neighborhood

This should be obvious, but make sure you check out the neighborhood. Is the condo gated? First floor? Parking garage? If you aren’t in the best neighborhood, then it’s probably not for you. Is there a train near by or new construction site around the corner? The last thing you want to do is move into a noise box!

 4. Analyze the Homeowners Association Meeting Minutes and Rules

By gathering the information from the HOA meeting you can get a better understanding of how the community is run. Who is in charge? Do all the tenants have an opportunity to speak up? Make sure you ask the critical questions before closing. This information should be gathered by your real estate agent.

5. Review the Rental-to-Owner-Occupied Ratio

If you’re thinking you’ll need a loan, it’s important to gather this information. It’s important to know how many units are rented versus unoccupied or owner-occupied. Ut also gives you a better idea of the average tenant is like....

What is the 'Full House' home up to these days?

Cain TeamWith the Netflix spinoff of Full House, "Fuller House" in full swing, the crazy is all the same! Realtor.com decided to take a closer look at how the famous home has been doing and who the possible owners were. 

The gorgeous Victorian, whose exterior appears in the opening credits for "Full/Fuller House," is located at 1709 Broderick Street in the Pacific Heights neighborhood of San Francisco. Even though the show is filmed entirely in a studio elsewhere, the home has gained quite the drawings of fans over the years.

The interest in the home has since then rocketed since the sale of the home to the new owner, Jeff Franklin, the producer of both "Full House" and "Fuller House." Jeff purchased the home in April 2016 and set forth plans to renovate the interior to finally match the set. Jeff was said to have various ideas with the course of the renovation, to possibly use it to film new footage of "Fuller House", or stage a sleepover for the cast, or just maybe rent of out the place.

Since the initial renovation interest, the plan has been granted although, there are some not to happy neighbors in the mix. Two of Franklins neighbors have recently filed a request for a "discretionary review" hearing, which could throw a wrench in moving forward. The surrounding neighbors are concerned that the reno plans might make the neighborhood even more overrun than ever. 

Franklin “is a Hollywood producer who has bought the house for commercial purposes—promoting it as a fan destination, using it for promotional events and filming at the house,” complained neighbor Carla Hashagan in the ...

New Development: Austin Proper Hotel & Residences

The Trammel Crow Company is working with hotel developer The Kor Group to build a 243-room hotel and 100-unit condominium complex on Block 188 in the Green Waer development, south of the Austin Music Hall.
The downtown area is quickly changing its city scape, with old properties being redeveloped into towering skyscapers that, in turn, serve as a testament to the fast-paced progress enjoyed by Austin.
To learn more about the Austin Proper Hotel and Residences, you can check out the developer's official website by clicking on this link.
 
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Upcoming Brandywine Realty Project Set to Change Downtown Austin Skyline

A new 25-story office tower located at West Fourth and Colorado streets is bound to change the skyline of downtown Austin for the better very soon. We bring you the latest news from the hottest property development in an around the Austin area: Brandywine Realty Trust's 405 Colorado.

The 210,000-square-foot tower will stand about 366 feet tall. The specialists at Duda|Paine Architects will design the building. We can, therefore, expect a unique and savvy architectural design from this project, seeing as how the experts who designed the Frost Bank Tower will oversee its development.

Brandywine officials are acting mysterious about the new project as they decline to disclose info on price tags and declare that breaking ground is contingent on the leasing activity.

Diana Holford, senior vice president in Austin with JLL, a commercial real estate firm, said the tower “cannot be built fast enough.”

 

“The demand to be in Austin’s downtown market is at an all-time high and the supply of large blocks of new, well-located office space is at a historic low.”

-Diana Holford, JLL Vice President 

405 Colorado will be built in downtown's Warehouse District where food & dining, shopping, and entertainment outlets are a mere stone's throw away. Promising 3,000 sq.ft. of ground floor retail space and 12 parking levels with about 530 spaces for tenant and public use, it's sure to be part of your downtown day trip as soon as the project is completed.

To read about the launch of this new project, you can access Shonda Novak's original news article here.

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Could Taller & Skinnier Towers Be Coming to Downtown Austin?

SHoP Architects recently unveiled their skinniest design yet - Inhabitat New York City

According to the Austin Business Journal, Austin’s City Council has approved a resolution for the city manager to come up with plans that help developers build taller and thinner condos in downtown Austin.  The hope is the plan will allow smaller lots to be developed to help provide more supply for housing downtown. More supply usually comes with lower prices.  

Austin OKs push for taller, narrower towers downtown

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