The Friday Five Hundred: Buy 1925 Square Feet at The W Residences for $500,000…Or Less

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I have not forgotten our Friday $500,000 juicy real estate buy. I’ve been busy researching and posting Texas Ranger’s homes — sorry! But it’s never, ever too late for House Porn. I heard about this listing Monday and have saved it for you all week long, kind of a treat. The owner is about as serious as the Cardinals were tonight. They have just lowered the price to $549,000 from $599,000. But here’s the kicker: if this was 2007, this unit would be priced at over one million dollars. It’s a large, 1925 square foot unit with three bedroom, two and a half baths, seventh floor, beautiful downtown views. Floor to ceiling windows provide a dramatic effect and allow light to highlight the space from the deep balcony. Of course you get the Miele appliances, SubZero fridge, custom drapes, dark wide plank hardwood floors, top of the line plumbing, and more. In fact, the home is exquisitely decorated and looks like it’s never been lived in. The agent, Julie Provenzano, says she has never had a more motivated buyer so take a look at the unit, take a look at the price, and if you want a great buy at The W, make an offer. (This is $285 a square foot!) I know of one bedrooms in foreclosure here going for as little as $199K. This is a huge three bedroom unit! Run, don’t walk!

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

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  1. Will Gray on October 29, 2011 at 10:49 am

    Is there still no grocery store in that neighborhood though? We spent a few months at the Vista next door and the killer was no neighborhood grocery. We had to get in our car and drive to get groceries which really defeats urban living.

    There were plans for an Oakville Grocery, but I understand those fell through.

  2. Will Gray on October 29, 2011 at 10:49 am

    Is there still no grocery store in that neighborhood though? We spent a few months at the Vista next door and the killer was no neighborhood grocery. We had to get in our car and drive to get groceries which really defeats urban living.

    There were plans for an Oakville Grocery, but I understand those fell through.

  3. Candy Evans on October 29, 2011 at 6:31 pm

    Good question and I will try to find out. Stay tuned!

  4. Candy Evans on October 29, 2011 at 6:31 pm

    Good question and I will try to find out. Stay tuned!

  5. Anon on November 7, 2011 at 8:44 am

    Nice place, but the HOA for this place is almost $1600/month! (a) What is included in that fee other than the "privilege" of saying you live at the W and (b) Are those dues expected to decrease (or even increase)?

    • Candy Evans on November 8, 2011 at 2:04 am

      I believe the dues include some utilities, but I've asked the agent for this home to clarify. I am running a Quicken report of my household maintenance costs just to see if living in a condo might be cheaper.

  6. Anon on November 7, 2011 at 8:44 am

    Nice place, but the HOA for this place is almost $1600/month! (a) What is included in that fee other than the "privilege" of saying you live at the W and (b) Are those dues expected to decrease (or even increase)?

    • Candy Evans on November 8, 2011 at 2:04 am

      I believe the dues include some utilities, but I've asked the agent for this home to clarify. I am running a Quicken report of my household maintenance costs just to see if living in a condo might be cheaper.

  7. Julie Provenzano on November 8, 2011 at 1:57 pm

    The monthly condo dues for #737 in 2011 are $1,572.50. Utilities covered included water, trash and security. Residential benefits include the following: a concierge for homeowners, 24-hour reception, doorman, security, valet parking, access to all hotel services and amenities with signing privileges, direct access to "Whatever/Whenever" service at the hotel (including room service), access to two pools, two gyms, Bliss spa with discounted rates for residents as well as discounted rates on hotel rooms for residents. A-La-Carte services include: maid service, laundry, dry cleaning, seamstress services, in-residence botanical service, 24-hour residence maintenance services, 24-hour in residence dining, grocery shopping and delivery, including pre-arrival provisioning (ie: come back from vacation to a fully stocked fridge with all your pre-ordered goodies), personal chef, catering, use of hotel's business center and meeting rooms, personal assistant/secretarial services, in-residence spa services (massage, manicure, etc), personal trainers and classes, translation services, courier services, shoe shine service, transportation services, car detailing, pet services. It's a very comprehensive list of amenities that are everything you'd expect – and more – from a luxury high-rise.

  8. Julie Provenzano on November 8, 2011 at 1:57 pm

    The monthly condo dues for #737 in 2011 are $1,572.50. Utilities covered included water, trash and security. Residential benefits include the following: a concierge for homeowners, 24-hour reception, doorman, security, valet parking, access to all hotel services and amenities with signing privileges, direct access to "Whatever/Whenever" service at the hotel (including room service), access to two pools, two gyms, Bliss spa with discounted rates for residents as well as discounted rates on hotel rooms for residents. A-La-Carte services include: maid service, laundry, dry cleaning, seamstress services, in-residence botanical service, 24-hour residence maintenance services, 24-hour in residence dining, grocery shopping and delivery, including pre-arrival provisioning (ie: come back from vacation to a fully stocked fridge with all your pre-ordered goodies), personal chef, catering, use of hotel's business center and meeting rooms, personal assistant/secretarial services, in-residence spa services (massage, manicure, etc), personal trainers and classes, translation services, courier services, shoe shine service, transportation services, car detailing, pet services. It's a very comprehensive list of amenities that are everything you'd expect – and more – from a luxury high-rise.

  9. Julie Provenzano on November 9, 2011 at 7:59 am

    Gas is also included in the monthly HOA…

  10. Julie Provenzano on November 9, 2011 at 7:59 am

    Gas is also included in the monthly HOA…

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