Mary Margaret Davis Real Estate Team

News > Before you Buy in a Fort Worth Highrise, Consider These Questions

The mere thought of living in a high rise is cool, and let’s face it, we’ve all had that thought: the valet driving your car away, the doorman opening the door and you heading to your condo where walls of glass and pure luxury await. The truth is, living in a high rise is just as cool as the thought. But like most things in life, there are issues to consider before making the commitment. For example, what appeals to you about living in a high rise? And what doesn’t? Doing your due diligence is key to finding the best high rise option for your lifestyle and pocketbook. Here are three questions that can help you determine which Fort Worth Highrise is for you.

How Important is a View?

To some high rise dwellers, a view is everything. They live on the 24th floor solely because of the breathtaking floor-to-ceiling view that hangs over the living area like a fine piece of art. The Tower is a 35-story high rise next to Sundance Square and has dazzling Downtown Fort Worth views. If views aren’t high on your list, however, you can possibly live on a lower level for a lower price. Whether you live on upper or lower floors, it’s important to pick the side of the building you like best. Aside from views, condos that face the west tend to have warmer afternoon sun, which can radiate more heat in the hot Texas summers but be pleasant in the winter. North facing condos are apt to get less sun in the winter months but you won't have temperature extremes during the day.

Would You Prefer Great High Rise Amenities or Lower HOA Fees?

Compared to a two-story townhome with moderate amenities and low fees, high rises often provide a huge list of amenities that range from a valet, concierge and doorman to a rooftop pool and spa area, fitness center, saunas, tennis courts, dog park, you name it. Aside from the cost of providing those amenities, building maintenance expenses for high rises are usually higher because of the maintenance, cooling and heating of the  elevator, hallways and common areas along with staff needs.  

Since you’re paying for all those amenities, we suggest you ask yourself one more question: how many of those amenities will I really use? The Omni Residences at 1301 Throckmorton is the most luxurious high rise in Fort Worth, and its amenities are the most lavish. Located atop the Omni Hotel, it offers most of the amenities previously mentioned as well as four onsite restaurants, 24-hour room service, housekeeping, full service spa and private club room. Depending upon the condo size, HOA fees run from about $650 for a one bedroom condo to over $7000 per month for a full floor penthouse. Amenities at The Tower include a rooftop pool, spa and grilling area, fitness center, club room and 24-hour lobby staff and security, and its fees range from about $400 to slightly more than $1,600 per month. As a rule, the more the amenities, the more the HOA fees.

What Location Amenities Are Nearby?

Location is pretty important for urban dwellers, especially if you want to avoid use of your car. Look for a highrise within walking distance to your favorite kind of places whether that’s shopping, dining, bars, arts or other entertainment. One Museum Place, for example, is in the heart of the Cultural District, and Neil P is walkable to Sundance Square, Bass Performance Hall and the Convention Center.

Of course, there are other important factors to consider, like floorplans, prices and parking. High rises aren’t for everyone, but there are tons of advantages. Contact us today and let us help you find the right high rise for you.

 

Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.

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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2024-03-28 01:11:16