- A condo with a double-digit number of units is often considered a boutique development. Parkwood Residences, for instance, has only 18 units. We’ve compiled a list of these developments on Stacked Homes.
Now that you have a better idea of what you want between a new launch vs resale condo, it’s time for the next fork in the road: do you want a big or small condo development?
Seasoned property investors care quite a bit about the total number of units. And while you’re a home buyer, you should still take a page out of their book. The size of the development doesn’t just affect issues like capital appreciation and rent; it can also have an actual impact on the lifestyle issues of homeowners. Here’s a look at how the number of units matter:
Size as defined by number of units:
There are no fixed definitions on the number of units, but as a loose rule:
