"Developer says Harrison West condos create new price point in neighborhood"

RetroMetro Reader Submission
Posted by:
Walker Evans

Walker says: The main thing I've heard most people complaining about in regards to the Columbus urbanization movement is that there just aren't enough mid-range condos that are easily affordable by 20-somethings interested in moving downtown. I keep telling people to look to the neighboring areas adjacent to downtown for more affordable housing to start popping up, and this morning there's a perfect example in an article posted by The Daily Reporter.

The 950-square-foot Courtyard at Harrison West condos are setting a new price point for the neighborhood. The average price of a new home in Harrison West is about $200,000 and these one bedroom, 1.5 bath units at the Courtyard range from $159,900 to $165,900.

Article Quote:
"Developer says Harrison West condos create new price point in neighborhood"
The Daily Reporter
February 9th, 2006

..."There are no other homes in this area at this price point," said Joe Armeni, owner of Short North development firm The New Victorians Inc. and broker/owner at Re/Max City Center Realtors.

He said pricing is why he expects the 950-square-foot condos to be quite popular with buyers looking to relocate to the neighborhood.

While the average price of a new home in Harrison West is about $200,000, the one bedroom, 1.5 bath units at the Courtyard range from $159,900 to $165,900, he said...