All the best!
Best regards, Lise Howe
Interesting question and one that is going to become more common as these buildings age. I would certainly think that any structure built in 1978 would still be around in 30 years but it's always best to have your own inspector/structural engineer investigate. The down side of the older condo situation is the condo fees. As the building ages the current owners are going to be responsible for the maintenance and rennovations. That could get very expensive.
I would be prepared for a high condo fee in some of the older buildings. I do know that Grosvenor Towers already has a condo fee in the high 600's monthly as does the Promenade. I agree with the other agents that you need to find out when the elevators and balconies were replaced last. It will all be reflected in your condo fee. One tower that I know had to redo all of their balconies and everyone's condo fee's doubled. Most of the older buildings have laundry in the hallway. It sounds like you are looking in Chevy Chase near Friendship heights. Let me know if I can be of assistance.
A building will see several renovations over a 30 year period. Has your building had new window, systems and other infrastructure updates? If not, they will. I would evaluate the health of the condo association as much as anything. Have they maintained the building well? Do they have substantial reserves for future upgrades? Are they budgeting for specific future upgrades?
Good luck. I don't think I've been in one home for more than 5 years.