Thinking of moving into a condo in Fort Worth?


Fort Worth Condo's:

Classic and modern condos populate this landmark "Cow Town," known for its rich culture and history. Fort Worth attracts affluent condo buyers looking for architecturally stunning properties including luxurious high-rises and elegant penthouses in upscale communities. From world-class shopping and dining to hiking and boating, Fort Worth’s endless diversity and breathtaking surroundings set the stage for year-round exploration. Fort Worth is famous for landmarks such as Fort Worth Stock Yards, Amon Carter Museum of American Art, Kimbell Art Museum, Fort Worth Botanic Garden, Famous Fort Worth Zoo, Texas Motor Speedway and attracts tourists from all around the world.


Fort Worth Condo Perks:

Affordability:  Condos are often priced lower than single-family homes. If you want to dive into home ownership, a condo can be a great first step.

Security:  Many condos offer gated or locked entries, doormen, or even security professionals for residents. If you live alone, or security is a concern for you, this can be a major perk. In addition, you’re living in close proximity with many other people; in an emergency, you’ll have plenty of people to turn to for help.

Amenities:  Want a pool? A fitness center? Wednesday game nights at the community clubhouse? Many condo communities offer residents amenities that are out of reach for the average homeowner.

Maintenance:  One of the biggest benefits to living in a condo is that other people do the maintenance for you. They cut the grass and maintain the grounds, they fix the roof, and there are plenty of workers on hand for when your furnace quits. If you’re a first time homeowner, in poor health, busy with work, like to travel, or you just don’t want to deal with all that work, this is a major benefit to living in a condo.

Parking:  Many condo buildings have covered garages, while others have surface lots, but some offer no parking at all. Parking is highly variable from building to building, depending on what is available, so if you own a vehicle, be sure to find out how many parking spots are allotted for each unit and whether they are included in the purchase price. And keep in mind that even if parking is available, it often costs extra to buy a space.


The Market Report:

Median Listing Price:  $287,000

Median Price/Sq FT:  $216


Fort Worth Condo Terms:

Townhouses or Townhomes

Townhouses and townhomes are attached, multi-story homes. Townhouse residents typically share the walls on either side with their neighbors, but there aren’t usually neighbors above or beneath. One major difference between townhouses and condos is that residents of townhouses do own the lot surrounding the unit, while the land surrounding a condo building is usually owned by the condo association.

Lofts

The single most important factor that differentiates lofts from standard condo of townhouses is that lofts do not have separated rooms. The only room that is separate from the rest of the unit in most lofts is the bathroom. Lofts are usually living spaces that have been converted from industrial facilities, and they often feature exposed brick, ducts, large windows, and high ceilings. Other than the layout, though, lofts are technically no different from any other type of condo.

Row Houses or Terraced Houses

Technically, the only real difference between a row house and a townhouse is that the style of the adjoining row houses in a particular development is identical. Row houses are individual, multi-story condos that are situated side-by-side. Residents usually share the walls on either side with neighbors, and sometimes above and beneath as well.

“Loft Style” Condos

Similar to lofts, the defining characteristic of a “loft style” condo is the number of rooms; if the unit consists of more than one room (besides the bathroom, of course), but features some of the common qualities of a loft (high ceilings, exposed brick walls), it is generally listed as a loft style condo. Buildings that feature loft style condos are usually constructed for residential use, but it’s not uncommon for them to be converted from industrial or other buildings.