Philadelphia Condos in Mark‘s Words | CenterCityCondos.com

Mark Wade, Philadelphia Condo Market Expert

Philadelphia Real Estate Rants and Raves! Here you can listen to exciting info about Philadelphia Condos, from high-rises to low-rises and everything in between, by Real Estate Professional Mark Wade. A member of the Greater Philadelphia Association of Realtors, Mark is a condominium expert that has been the front lines of The Center City Philadelphia Real Estate Market since 1989 | www.CenterCityCondos.com | 267.237.3404

  1. Apr 16

    Inside Society Hill Towers Condos For Sale: Philly Views, Vintage Charm

    Mark Wade of CenterCityCondos.com gives a short, off-the-cuff overview of Society Hill Towers: three 1964 high-rises on eight acres with over 600 condos, great Philadelphia views, 24-hour doormen, underground parking, gym, bike storage, and large laundry facilities. He explains common unit types (studios, one- and two-bedrooms, corner vs. non-corner units) and how interior condition and floor height influence value. Drawing on personal experience living there in his 20s, Mark emphasizes that interior improvements are the main way to boost resale value and points listeners to his website for floor plans, drone footage, and more details.

    4 min

  2. 04/20/2024

    Condo Special Assessments and Their Impact

    Welcome to our podcast with Mark Wade of BHHS, Fox and Roach Realtors, CenterCityCondos.com - where we delve into property valuations with regards to condo special assessments. We discuss its implications on contracts of sale, potential negotiables, and how they affect a given building's value and demand. Discover how the nature of special assessments can influence market behavior. We look at real life examples of buildings such as the Plaza at 1901 Walnut, where their non-visible - but significant - special assessment led to years of stunted growth. Learn about how large, less visible assessments can cause the demand and value of a building to decrease. The podcast also explores different financial layouts of buildings – from those that plan ahead with significant contributions to their assessment funds, to those that prefer spontaneous collection. Special assessments can influence the market attractiveness of a property and understanding them can be key in making informed purchase decisions. Lastly, we also differentiate general talk of future improvements from actual assessments. Mark shares the important implication that, unless a future improvement is officially agreed upon and recorded, it cannot be considered a special assessment. This podcast is essential listening for anyone interested in condo investment, looking to buy a condo, or even anyone curious about how condo special assessments work. If you have any questions or comments, feel free to reach out to Mark Wade at 267-237-3404. Thank you.

    5 min

  3. 03/09/2024

    Old City Condo Reviews

    Welcome to a brand-new podcast episode, hosted by experienced realtor Mark Wade of BHHS Fox and Roach Realtors. Tapping into his rich 35-year experience as a realtor and a resident of Old City for 22 years, Mark provides invaluable insight into different buildings in Old City. Beginning with 108 Arch, Mark shares that this building has a clean, inviting look with its zinc and brick exterior. He notes only one complaint about the lack of options for a second parking space, but acknowledges such issues come with living in Center City. Across the street, 101 Arch, while drawing praise for its beautiful facade, is often criticized for its rather dated, worn interior and security concerns with an occasionally unlocked front door. However, on the flip side, Mark mentions the hugely appealing factor of this building is the phenomenal dollar per square footage and its unique units. The National, another building under spotlight, wins hearts for its underbuilding parking, newness, and loft-like look that seamlessly integrates with Old City's vibe. However, some units have walls that don't extend all the way up to the ceiling, causing noise transference. Mark points out that this issue has been solved in numerous units. The tour winds down at 102 Church where Mark lauds the building but mentions some concerns about the entranceway and aging hallways. Despite this, the units charm with their unique details. Mark concludes by inviting listeners to share their thoughts, questions, or comments by contacting him directly at Mark@Centercity.com.

    4 min

  4. 03/09/2024

    Buyer Insights and Feedback for 19103 Condos

    Welcome to a deep-dive episode with Mark Wade, your host from CenterCityCondos.com and BHHS Fox & Roach Realtors. With 35 years experience, Mark is sharing extensive feedback received from buyers across various condo showings within the 19103 zip code. Mark begins by discussing The Plaza at 1901 Walnut Street, where buyers enjoy the surprise of original pre-war details, a wide variety of unit values and styles, overall cleanliness, attentive staff, and the inclusion of taxes in the association fees due to the building's co-op status. Next, the Murano: Bathed in appreciation for its cleanliness, value growth, and convenient proximity to Penn, the building overcame initial issues and skyrocketed after 20 units were put on auction.  Moving on, the episode delves into the unassuming 23 South 23rd Street where visitors are pleasantly surprised by a serene interior courtyard and the large, spaces within the units. The welcoming front desk staff and the building's strategic proximity to Penn are other highlights mentioned.  Catch all the nuanced details of the condominiums Mark has shown around the 19103 zip code, enriched by his three-decade professional journey. Have any comments, queries, or concerns? Mark encourages you to call him at 267-237-3404 or email Mark@CenterCity.com.

    6 min

  5. 03/09/2024

    19122 and 19125 Insights and Trends

    Welcome to the CenterCityCondos.com podcast with Mark Wade of BHHS Fox & Roach Realtors. In this episode, Mark shares his feedback garnered from years of selling condos, focusing particularly on the surprising delights of the 19122 and 19125 neighborhoods. Mark discusses how these neighborhoods, previously overlooked by condo buyers, now boast a variety of modern, new-construction buildings, with many featuring tax abatements. The property types available in this area have shifted significantly over the past two decades. Not too long ago, one-bedroom units were predominantly found, but as the neighborhoods have grown and stabilized, larger and pricier condos have made an appearance. These neighborhoods have become top areas of interest for many buyers, particularly those looking for modern amenities, smaller one-bedroom units with affordability, or simply wanting to live in a hip locale. As these neighborhoods continue to urbanize, with more businesses and restaurants adding to the walkability and livability, Mark sees steady and increasing growth in their value. Tune in to hear all this and more about the changing face of the Philadelphia condo market, particularly in the 19122 and 19125 neighborhoods. This episode offers valuable insights to both potential buyers and those interested in the growth and development of these up and coming neighborhoods.

    3 min

  6. 03/09/2024

    Art Museum Area Condo Feedback

    Join Mark Wade, esteemed realtor from BHHS Fox & Roach Realtors, and CenterCityCondos.com, as he provides intimate insights gathered over three decades in the real estate business. In this informative podcast, he shares client feedback from numerous buildings in the 19130 zip code area. The podcast kickstarts with an overview of 2401 Pennsylvania Avenue, The Philadelphian. Mark details the positive feedback he frequently receives, the speed at which units are sold, and the inclusive condo fees surprisingly many buyers overlook. Next, he moves to 2601 Pennsylvania Avenue, a building that commands high marks for its value, original detail, and quietness between units. A significant part of the podcast is dedicated to Cityview at 2001 Hamilton. Not only does Mark uncovers pleasant surprises, like the magnificent views and amenities, he also dissects the unique structures of the two buildings and highlights their distinct condo associations and styles. Safe and secure, with ample parking and friendly front desk staff, most buyers feel right at home here. The last stop on this podcast tour is Tivoli, 1900 Hamilton. With its cleanliness, pleasant front staff, spacious unit layouts, solid doors, and individual HVAC systems, this building leaves buyers pleasantly surprised. The park across the street, its dog-friendly nature, and its proximity to Center City and the business district make it a prime property for potential buyers. All questions, comments, and concerns are welcomed. Feel free to reach out to Mark@Centercity.com directly to learn more about these incredible locations.

    4 min

  7. 03/09/2024

    Buyers' Perspectives of Philly Riverfront Condos

    Join Mark Wade from CenterCityCondos.com, BHHS Fox & Roach Realtors as he shares crucial feedback from buyers about the condos dotting the Delaware River expanse. Tune in to learn the attractive points, buyers' impressions, and the not-so-liked aspects related to different buildings such as Waterfront Square, Dockside, and Pier 3 & 5. Listen as Mark brings out his personal experiences and in-depth familiarity with properties like Waterfront Square where he owns and resides. Learn how the buyers are usually pleasantly taken aback with the amenities they get for their money, views, pool, gym, parking and not to mention, the feel of a secured, gated community. Understand the evolution of neighborhoods and how connectivity issues, once a pet peeve for buyers, are now seldom raised. Get to grips with buyers' viewpoints on other condominiums like Dockside, with its extensive offerings such as shuttle bus service, facilities floor encompassing a pool, gym, and boardrooms. Hear about a few concerns raised by buyers while also emphasizing on positives such as cleanliness and front-door staff. Further, discover why Pier 3 and Pier 5 are value buys, with buyers generally thrilled at the substantial square foot they can get for their money. Mark wraps up by pointing out the unique ‘resort-like’ appeal of these riverfront properties, underlining the fantastic views and awe-inspiring amenities. This episode is a treasure trove of insights and practical tips for both prospective buyers and sellers alike. Dive in to explore more about living on the riverfront with Mark Wade. Contact him directly at Mark@Centercity.com for any questions, comments, or concerns.

    3 min

  8. 03/09/2024

    An Insider's Tour of Society Hill Condos

    Join me, Mark Wade, of BHHS Fox and Roach Realtors and centercitycondos.com, in my latest podcast where I reveal the inside scoop on some of Philadelphia's prime condos in The Society Hill neighborhood. Drawing from my 35 years of experience in the field, I share the feedback, insights, and little-known facts from potential buyers touring these captivating city spaces. Step into the heart of Society Hill Towers on Locust Street, where visitors are surprised to discover lobbies that are authentic portrayals of the buildings' vintage charm. Although some may be taken aback by the size of the bathrooms, the towers are renowned for their cleanliness, welcoming front door staff, fantastic views, and amenity-rich offerings including a gym and one of the best outdoor pools downtown. In St. James Court, sandwiched between 5th and 6th Walnut and Locust, unfolds a tale of low-rise townhouses enveloping an idyllic interior courtyard. Visitors revel in the desirability and highly livable layouts of both upper and lower level units. With low condo fees and unexpected parking space availability at nearby Independence Place, these residences continually hold their market value admirably. Moving on to 410 South Front Street, buyers are frequently surprised by the extraordinary quality of this Toll Brothers unit. Visual stimulation aside, lower noise levels, garage parking, and impressive cleanliness attest to this building's positive reputation. Finally, we delve into the ever-relevant Hopkinson House, one of Center City's best value-for-money buildings that continuously impresses with its impressive management, spectacular views, and attached square. Find out why buyer feedback remains largely positive and what factors influence the diversity of unit prices within this 50-year-old building. Connect with me, Mark Wade, at 267-237-3404 for any questions, comments, or concerns or simply visit centercitycondos.com.

    6 min
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4.6
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7 Ratings

About

Philadelphia Real Estate Rants and Raves! Here you can listen to exciting info about Philadelphia Condos, from high-rises to low-rises and everything in between, by Real Estate Professional Mark Wade. A member of the Greater Philadelphia Association of Realtors, Mark is a condominium expert that has been the front lines of The Center City Philadelphia Real Estate Market since 1989 | www.CenterCityCondos.com | 267.237.3404

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