Downtown Lafayette Indiana Condos for sale near Purdue University Market Report 2014 for closed sales.
Renaissance Place
Renaissance Place Condos Downtown Lafayette IN Market Report 2014
Renaissance Place Condos in Downtown Lafayette IN are close to Purdue University and this special location provides all that downtown living in Lafayette has to offer: restaurants, cafes, and nightlife.
Most of the condos in Renaissance Place offer views of the Wabash River and Riehle Plaza, or Tippecanoe County's magnificent courthouse! The condos have one reserved parking place in the adjoining parking garage along with a locked storage locker.
Downtown Lafayette, IN 47901 Renaissance Place condo association fees for 2014 were slightly above $300 per month for most of the units which included your water, sewage, and trash disposal.
2014 Renaissance Place Condo Sales
Number of Sales: TWO
Median Days on Market: 53
Median Sales Price: $215,000
High Sales Price: $240,000
Low Sales Price: $190,000
Number of bedrooms: 2
Number of full bathrooms: 2
High sale per finished square foot: $164
Low sale per finished square foot: $142
Analysis
Renaissance Place condos sell quickly when priced right due to the very limited supply and desirable location in Downtown Lafayette and being just across the Wabash River from Purdue University. The disparity in price per square foot between the two units that sold was due to amenities offered. Even though the condo that sold at the higher price per square foot was over 125 square feet larger it offered granite kitchen counters, cherry cabinets and hardwood flooring and an extra 11 x 9 foot den.
There was only one sale in 2013 and it was a bargain as it sold at $254,000 with 1,940 finished square feet ($131 per finished square foot) with beautiful black granite counters, tiled back splash, and stainless steel appliances in the kitchen and wood blinds throughout the condo.
It is unlikely that more than one or two Renaissance Place Condos will be for sale in 2015, and if priced right they will be under contract very quickly! For more information, contact Bruce Walter 765-418-1886 on market availability on Downtown Lafayette , Indiana 47901 Renaissance Place Condos for sale near Purdue University.
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