When buyers select a single-family home, one of their criteria is of course, price, but there are other measurements of a successful home. Yes, to an extent, location is dictated by costs, but the personality of a neighborhood isn’t.
There are blocks that regularly socialize and those where anonymity is expected. A lot of single-family buyers’ criteria revolves around children … schools, playmates, etc., but never having been in that bubble, I’ll not comment on its subtleties except to acknowledge its existence. For the vast majority of buyers in the condo world, children are either gone, not arrived, or never will.
But once you decide to live in a communal environment, where your only “fence” is your front door, “neighborhood” becomes more nuanced. Because not only is neighborhood the area surrounding the building, it’s the area inside the building. Let’s take a look at three condos, each with around 1,150 square feet, two bedrooms, and two bathrooms … and all steps from the Katy Trail.