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Weird Trace Lofts pricing

January 23, 2008 By 4 Comments

Two units, identical floor plans, one on top of the other.

Oddly the higher unit featuring much higher ceilings is $50,000 less than the one below. Though the unit below has a larger balcony.

#404 – $350,000 – $555/sq ft

#504 – $300,000 – $475/sq ft

Is Trace fishing for the floor on $/sq ft for the building? Emails to the listing agent have not been answered.

Update: The listing agent responded with:

It’s a good time to buy Mr. Goyer! How about a second home for you?

Second? No, I do not need a third place.

Update 2: Apparently it doesn’t have the taller ceilings that other units on the 5th floor have.

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Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • kiter

    The terrace is much larger on the lower unit (166 vs. 60 sq. ft). I’m not sure if that would drive the price though.

  • kiter

    The terrace is much larger on the lower unit (166 vs. 60 sq. ft). I’m not sure if that would drive the price though.

  • richard

    What do these places rent for? 5% down with a 10 year IO you could break even renting it out for ~$1800/month.

    Seems kind of steep for a 640 sq ft apartment, but who knows?

  • richard

    What do these places rent for? 5% down with a 10 year IO you could break even renting it out for ~$1800/month.

    Seems kind of steep for a 640 sq ft apartment, but who knows?