My wife and I are on year 4 of a 5 year ARM @ 4.5% and we are ready to get out of the townhouse/condo life and get a home. Unfortuantely we paid about $285,000 for the townhouse about 4 years ago at 0 down (FTHB Loan), so at this point we probably owe about $260-265K on the place and I'm nervous (to say the least) about what my place could fetch, HOWEVER - I have seen plenty of units and there are probably few (if any) with the types of upgrades we have made in the past 1-2 years (new wood floors/stairs in living room area, new deck (with timbertek), new windows, kitchen recently updated). Now we are in a good position financially and can afford a home in the $500K area at this time, but I'm pretty worried about being able to break even on the condo. Now if need be, I could take a hit on the place, but I was just curious as to what local realtors are seeing for these units - which are pretty big (1700 sq feet).