The Loft Craze - How
To Find a Loft For Rent Or Purchase - Chicago New York Los Angeles
Florida Texas - Buy Or Sell Real Estate Rentals
July 30th 2006
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Rent or Buy a
Loft |
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Proximity to transportation corridors, urban centers, and local
attractions draw land-loving young professionals to high-density
loft-style condominiums. If your looking for a Condo with a twist, a
loft may be just the home to You.
Lofts vary in price depending on what city you are in, units in the
Chicago area start around A $200, 800 square feet and top $1 million for
2,500 square feet.
A true loft for is a conversion of a vintage factory or warehouse,
having a harder edge of either concrete construction, or "mill"
construction of exposed brick and original wood posts, beams and floors.
Ceilings should be over ten feet high at least.
This is increasingly very important for loft purchasers, as developers
are now building condos with slightly higher ceilings than in the past.
It is the height that helps give a loft the feeling of air and space.
Larger windows and open concept layouts also help. Ceilings are
unfinished and pipes and heating ducts are exposed. Do not expect to
find a 1,000 square foot loft divided up into two bedrooms and a den.
It will much more likely have a kitchen and a bathroom with the rest of
the space left as one large open room, which you can work with and use
according to your own functions and needs. Some people think a loft
means you have a second mezzanine level overlooking the floor below, but
this is simply one style of loft.
Beware of another type of loft -- the newly constructed loft (or "soft
lofts"), which are for the most part "Condos With High Ceilings", and
are examples of Chicago condo developers trying to cash in on the
popularity of lofts. They are still great units, just not "true" lofts.
Less traditional lofts have a kitchen and living room on the lower floor
and an open second floor for bedrooms.
Chicago, Houston, New York, San Francisco, and Tampa have strong
loft markets. The public cannot get enough of them. “Atlanta’s loft
supply and demand has increased so much that there’s a separate listing
for lofts in the newspaper.”
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