I live in an apartment with stellar views, very bright and with a balcony. If I were to choose today, I would not look for a balcony. I like my balcony to be clean in order to enjoy it and sometimes I have doves coming and "poops" it. As you know, doves could be a source of diseases... So, not so nice!
I would prefer bright and stellar views.
Licensed Real Estate Salesperson
Ardor New York
There will probably be a buyer for both apartments. I moved from the 9th floor with a balcony to the 14th floor in the same building without a balcony. Similar sized apartments but the 14th floor is much noisier (sound rises wind sirens dogs barking - who knew?) I miss having outdoor space.
I would probably take floors 5-10 with balcony over floors 10--15 without balcony. Most people will prefer sunny. For me, I would have to see how dark the apartment with the balcony is and if it's private. If it's not too dark and depressing and if the balcony is nice and private, I would probably go for the outdoor space.
This is a great question because the two things New Yorkers love is a high floor with a vew AND any kind of outdoor space. You say to assume they are comparable size, location and condition, but what about price? Many buyers will make price the deciding factor. Is that a constant in your equation as well? How about monthly charges? I'm going to assume if it's a co-op, the high floor will be allotted more shares and have a higher maintenance. Or in a condo, probably higher common charges. That might influence people.
For me personally, which is what you are asking, a high floor with views because I'm very active and will be outside much of the time so a little NYC-sized terrace would not be that important to me.
Halstead Property, LLC
#1) Not only does it make you feel good, natural light is very important to the mind set
#2) A great view is always nicer than looking directly at another building or into someone else's window.
A balcony is nice, but to wake up each morning to a bright & sunny apartment helps you start the day with a brighter attitude. Just imagaine every morning or night looking out your window and saying "WOW".
Good luck to you and enjoy!