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I remember when they were planning market rate there. It is a nice location, very close to the library and topiary park.
It would depend on how many people you plan on attending, but I love this place for events like that.September 18, 2012 12:20 pm at 12:20 pm in reply to: Study: How Walmart Displaces Nearby Small Businesses #514279
If I go to Walmart or if I go to the Short North I am going to drop at least $100. That is just the way it is and I have come to accept it. A lot of that stuff is unneeded purchases bought on impulse.
I prefer going to the Short North, but if Walmart is a close option I may browse the aisles there on occasion and probably come back with even more extra stuff. That would be $100 not going to Short North retail. It doesn’t sound like a lot, but multiply that by the number of the people in the area.
It is partly about the discretionary spending in a neighborhood.
For rental property you may want to look at Old North Columbus (North Campus). Every once in a while foreclosed properties pop up there and it seems to be a better mix of students, families, and young adults than the South Campus area. It is a very rentable area with a lot of amenities.September 5, 2012 1:45 pm at 1:45 pm in reply to: Friend considering buying a condo by Sam's Club on Rome Hilliard #512686
I saw this and felt I needed to post. I lived in that area for a couple of years when I first came to Columbus. It is safe in a suburban way. I did like that there is so much to do within a 5 minute drive. There is a movie theater, restaurants, Target, Wal-mart, grocery stores, chain retail stores, a gym, etc – all very close. It is also very easy to get on the highway.
You will not be walking. While you may think it is possible, it just doesn’t feel safe, especially in the evenings. Walking across parking lots and cutting through streets at night can be scary. That said, as a single female, I drove in the evenings and at night when I lived in the Short North. Since I work during the daylight hours, evenings still ended up being short car hops even though the Short North is much more walkable.
I also have been looking at buying a home. I think if I were her I would consider another realtor or entertain the idea of saving a little more for a larger down payment to secure a larger search range. I agree that the realtor may just be trying to stay realistic in a vanilla way with her initial wishlist.
Again, I liked Sweetwater (that’s what they call the area) when I lived there. It has a lot of young people transitioning between school and buying single family homes. Personally, I would rent there, but would not consider buying a condo in the area. As others are saying a suburban condo is probably not a good investment.
I appreciate all the advice. I will be saving some cash while looking into Olde Town East, Eastgate, Weinland Park and Hungarian Village. I am a pretty emotional person and I have to work at not falling in love with prospective homes too much. I appreciate all the info – which hopefully will keep me grounded and from overextending myself.
Thank you, this is some good information. The $6k would solely be for down payment and I could grow that quickly if needed. I will aim to have 20% by the time I buy if some ‘must buy’ property does not come up. I have a $5k emergency fund at a separate bank which I will never touch unless it is an emergency. I am talking with banker at Huntington and he is very positive about getting funding if I keep to that range.
I am really not looking for too much to start with at first, just a starter home. The HUD house in Old Town was listed at $35k, but it probably would have needed work in the near future as the mechanicals were older.
I was really disappointed that I missed out on that one. I assume that there is no such thing as the perfect house and that I will have plenty of other missed opportunities in before my search is over. I was more hesitant about it until it ‘got away’.
I love living in Grandview, but that area seems way out of my price range. I am looking for an adequately safe area that I could grow with.