Condo costs in the greater Davis area

[duffless2323.livejournal.com]

Do any of you know the going rate for condos in the greater Davis area (by that I mean places where I could walk to Davis Square in under 20 min) but still be in a good/decentish area. I know right in the square would be very pricey - I'm just kind of exploring the idea with each rent check I flush down the toilet,  prices seem all over the place when I look on CL. 

What do you think would be a expected cost for 1 or 2 bed? Have any of you looked lately, if so what are you seeing?

Thanks

Comments

[lissie930.livejournal.com]

I did most of my real estate searching through newenglandmoves.com (we used a wonderful Coldwell Banker broker). When you register with them, you can get street addresses. Redfin.com and realtor.com are also fine, they all pretty much have the exact same listings. I think redfin has more in terms of some tax information.

Something to keep in mind when you're looking at purchasing is that the payment for the mortgage is just one expense - you're going to have real estate taxes, condo fees, and other costs for things that you don't pay as a renter (budgeting for home maintenance is wise). So take that stuff into consideration when making your monthly budget! Also, in Somerville, I believe you don't get the residential exemption for your real estate take the first year (it's as of Jan 1). So your first round of taxes are also going to be higher.

When we bought out our condo in Union Square, similar condos (meaning, similar sq. footage, 1 bath, 2 bed, similar upgrades in the kitchen, etc) in Davis were going for at least 50K more, due to T proximity.

Good luck!