Rent vs Buy in Austin>Question Details

Abe, Other/Just Looking in Austin, TX

is there a demand for new condo's in the west campus area and what would be the cost to build in austin?

Asked by Abe, Austin, TX Sun Jul 29, 2012

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3
Voices Member’s answer
Always a demand in West Campus. $70+/SF.

Now, what you build will determine the demand. Are you building something janky, but with all the modern amenities students enjoy, and at a monthly rental rate lower than currently offered?

Or, are you building the Taj Mahal and charging exorbitant rates?

Is it east of San Gabriel, or west of Leon?

The WC market is saturated with new builds, as is. When The Block starts offering 100% commission structures, you know the competition is stiff. What will you be offering that sets your build apart from the others?


Aaron Marcus
Realtor® | 512.696.0490
Voted #1 real estate company by Daily Texan's UTMost FOUR times in a row!

West Campus Living | The Good Life
504 W. 24th Ste C., Austin, TX 78705
O: 512.588.2969 | F: 512.236.5237
http://www.westcampusliving.com
0 votes Thank Flag Link Sun Jul 29, 2012
finding the land is the problem- big demand and no land
0 votes Thank Flag Link Sun Jul 29, 2012
The cost will vary depending on what your looking to build and the quality of the materials you build with.
0 votes Thank Flag Link Sun Jul 29, 2012
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