Midtown Condo Lists for $309K

[Eber Brock Ward]

Disagree. It's actually probably underpriced relative to other places that offer the same amenities [[walkability, safety, heart of city with three major sports and good orch/opera, near meds and eds, transit line going in nearby, and so on).

Only Ann Arbor can compete in our region from a scale perspective, but it's too isolated from most job centers. Similarly, Royal Oak and Birmingham are way out there.

Consequently, I think there's still substantial upside in that area, especially as Detroit's core - but certainly not all or even most of Detroit -- has become acceptable and, believe it or not, fashionable for out of state and suburban dollars.

[TTime]

Disagree. It's actually probably underpriced relative to other places that offer the same amenities [[walkability, safety, heart of city with three major sports and good orch/opera, near meds and eds, transit line going in nearby, and so on).

Only Ann Arbor can compete in our region from a scale perspective, but it's too isolated from most job centers. Similarly, Royal Oak and Birmingham are way out there.

Consequently, I think there's still substantial upside in that area, especially as Detroit's core - but certainly not all or even most of Detroit -- has become acceptable and, believe it or not, fashionable for out of state and suburban dollars.

For Midtown to compare to Ann Arbor[[which it currently does not in any way) it will need to work on very basic things like cleanliness, safety, foot traffic, and density and it will need to add a hundred or so shops and bars to the nice new additions it has seen over the last decade. Also, to dismiss Royal Oak and Birmingham in favor of Midtown is pretty silly. Right now those areas and Ferndale are arguably considerably more appealing options for any kind of "city" feel. In time though, who knows what will happen? Can't tell people how to risk their money so more power to em if they over pay in our eyes.