You also want to be aware of the other homes people may considering buying. Do they have parking? There are a number of factors. If you are considering liberty 2z, the ritz or 10 you really want to think about how ften you will use your car. Maybe a local garage will be good enough.
My name is Carl Kabat and I'm a Realtor with Coldwell Banker Preferred.
My first inclination is to say flat out "No, that's not a good deal". For $35 per year one can get a parking sticker from the Philadelphia Parking Authority and one would be able to park anywhere on any street within their home zone and not have to put money in the meter, or even move the car in a certain amount of time. One could leave the car there until one wants to use it.
On the other hand, if you have a car that is very valuable, and you don't want to leave it on the street, that's another matter. If you have any further questions, feel free to contact me:
Good question. What does your buyers agent say about your question ? That would be where I would go first.
I would look at your purchase price versus what is sold recently. If you can get a great deal including the parking, I would say the parking would be a tremendous benefit. It could be very important for both resale or if you chose to rent the property out in the future. Parking will be more and more in demand in Center City and Old City.
If you like the opportunity of purchasing parking, you can also purchase at the Parkominium in Old City. Spots are listed for $25,000 which also has 24/7, 365 days a year valet. Very cool - more info is at:
Let us know how you make out with the condo ! Rittenhouse is a great spot !