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Weird Trace Lofts pricing

January 23rd, 2008 · 2 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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Tags: Trace Lofts

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2 responses so far ↓

  • 1 kiter // Jan 24, 2008 at 8:22 am

    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.

  • 2 richard // Jan 24, 2008 at 3:54 pm

    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?

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