Studio apartments

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?

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April 27, 2020 3:13 PM

Member

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.

April 29, 2020 8:06 PM

Member

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?

May 2, 2020 3:40 PM

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.

July 25, 2020 9:11 PM

Member

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.

July 26, 2020 2:05 AM

Member

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.

July 27, 2020 1:21 AM