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Small is the new Big, for Center City Condos
Th
e New York state of mind regarding tiny condos located right in the heart of everything is spreading across the country. In downtowns all over the country young urban dwellers are buying affordable home where they spend little time in and lots of time out! Moreover, smaller homes equal not only smaller payments, but also smaller carbon foot prints, through the use of less energy and less pollution. This is a major attraction to the green generation of Millenials (those born in the last quarter of the 20th century).
Builders in many cities across the nation are embracing the down-sized dwelling phenomenon because all the prices are small, yet the dollar per square foot is not and these unit are selling fast due to the price point. In Center City the average Philadelphia Condo is 1197 square feet and sells for$332 per foot or just under $400,000. Based on those factors a decent sized 600 sq foot loft could be purchased for just under $200K, which is really affordable and attractive to recent grads and those making in the $50,000 range. For more information on every Center City condo for sale, big and small, check out www.CenterCityRealEstate.com
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