Downtown Lafayette Indiana Condos for Sale near Purdue University Market Report Renaissance Place

By
Real Estate Sales Representative with Keller Williams Realty Lafayette, IN
https://activerain.com/droplet/4yll

 

 

Downtown Lafayette Indiana Condos for sale near Purdue University Market Report 2014 for closed sales.

 

                                                    Renaissance Place

 

Downtown Lafayette Indiana condos for sale near Purdue University market report 2014 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. 

 

Search Lafayette Indiana Real Estate Market Condos for Sale

 

 

 

 

 

 

 

 

 

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Sharon and Bruce Walter selling real estate in Lafayette, West Lafayette, Tippecanoe County Indiana @ Keller Williams Realty Lafayette IN                      

                              Sharon & Bruce Walter 

                      Indiana Licensed Real Estate Brokers

How can we help you with your real estate needs in Lafayette, West Lafayette, Tippecanoe County and the surrounding area in Indiana?

Whether you are thinking of selling or buying a home, looking to buy a foreclosure or rental property we are here to help you.

 

 

                      

                 PERFORMANCE OUTSELLS PROMISES!

 WE have a phone!    Please call us at:     765-418-1886

WE have email!         Please email us at:  bwalterkw@yahoo.com

WE can FAX!            765-588-4872

 

                       Keller Williams Realty

              3928 McCarty Ln, Ste A

              Lafayette, IN 47905

Licensed in the state of Indiana.  Each Keller Williams Realty independently owned and operated.

 

 

 

 

 

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Tags:
renaissance place
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Rainmaker
1,677,600
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Thanks for such a complete market report! You provide a lot of information for the consumer.

Jan 15, 2015 11:25 AM #1
Rainmaker
1,483,912
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

I can see why they sell quickly with all that going for them and a good price too. Great report.

Jan 15, 2015 11:47 AM #2
Rainmaker
670,606
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Lise, each Renaissance Place condo has a spacious terrace area with great views of Downtown Lafayette or the Wabash River.

Jan 15, 2015 11:53 AM #3
Rainmaker
670,606
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Georgie, you are within three blocks of the downtown Lafayette and West Lafayette restaurants and entertainment.

Jan 15, 2015 11:54 AM #4
Rainmaker
3,129,672
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Looks like a nice place to call home..I hope your 2015 is a great one and GO PACK GO!

Jan 15, 2015 10:50 PM #5
Rainmaker
670,606
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Kristin,

Renaissaince Place condos are perfect for those who want downtown living in Lafayette Indiana and you are so close to the West Lafayette shopping and restaurants across the Wabash River and Purdue University!

Jan 15, 2015 11:24 PM #6
Rainmaker
2,789,915
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Sharon & Bruce, I like your analysis explaining the amenities offered in the higher priced sold condo. This kind of information is not necessarily transparent by simply looking at MLS Data. The Renaissance Place Condos in Downtown Lafayette IN certainly have a lot to offer.  Buyers and sellers are well advised to hire Sharon and Bruce Walter for all of their Lafayette IN real estate needs. Hire local – hire the best!

Jan 17, 2015 12:10 AM #7
Rainmaker
670,606
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Kathleen,

Renaissance Place is so close to all the Downtown Lafayette restaurants and shops and the reserved indoor parking spot is great.  Purdue University and West Lafayette shopping and restaurants are just across the Wabash River.

Jan 17, 2015 10:03 AM #8
Rainmaker
925,799
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Lafayette Real Estate Condos are your speciality, I am sure, Sharon Walter and Bruce Walter!  I know that anyone who is interested in buying or selling in Renaissance Place would be wise to call you!

Jan 18, 2015 11:40 PM #9
Rainmaker
670,606
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Ron, thanks so much for your comment and we do look forward to getting some calls from consumers with interest in Downtown Lafayette Indiana condos at Renaissance Place.

Jan 19, 2015 11:37 AM #10
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Rainmaker
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Sharon & Bruce Walter

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