Have you had success selling studio apartments? I haven't had much luck as of late, though I do blame it on covid more than anything. People are just not buying right now. :(
Have you had luck selling studio apartments?
We don't have them around here, at least none that I have seen.
And yeah, I have not sold a single house since late February. Only a handful of people contacted me to see homes. That is about it.
Studio apartments are way more common in the city and thus they are often more expensive. My sister bought one a few years ago and for the space she has in the place, which is not much, I feel like she got ripped off. Maybe people are not so keen on paying a lot for smaller space?
I live far out from the major city so studio apartments aren't in my area. I know of a few homes that people rent out their finished basements as studio apartments. I think that is a good idea if you can swing it.
Like others have mentioned, I don't live in an area where they are common. I know for folks who liver in the city, they are all over the place. We do have a condo complex that has studio apartments but nothing I have ever worked with.
Studio apartments usually sell very quickly in the city. I've made a few sales before and they were snapped up almost instantly.
You are definitely feeling the effects of the pandemic and subsequent lockdown.