I am thinking about moving into this condo, well, I have already submitted the application and been approved, so now it's a matter of forking over 3K (deposit and first months rent) and signing the lease. The problem is, the apartment I live in now is so cheap! I pay half of what I will be paying when/if I move. However, right now i live in a town house, so it's two stories with a huge bay window and balcony downstairs, and ONE A/C unit upstairs! My electricity bill is beyond hellacious every month! It is an older building, but newly renovated interior, so I like it. When they renovated though, they should have added an extra A/C unit. Most two story properties in Texas include two units to cut back on the bill every month. My bill got past 500$ one month!
Anyways, I was browsing on CL and came across this condo for lease. I snagged it as soon as I saw it. It is in a super posh neighborhood (right now I live across the street from the projects) it has been completely renovated and customized, and has a solarium AND backyard/terrace! I have two dogs so this is a huge plus for me! The terrace extends from the kitchen area all the way to the bedroom, so I can access it from both rooms in the home. It would be such a time saver with the dogs! Also, the whole unit is very shady, no direct sunlight beaming in (unlike where I live now) so I figure the electricity bill will be dirt cheap.
The problem is, it's 1500$ a month. Two apartments ago, I paid about that, but that was during the stripper money making era. Although I feel business picking way back up, I am hesitant to pay this amount, even after factoring in what I will be saving in electricity, and the convenience of not having to go up and down 3 1/2 flights of stairs 4 times a day with the two dogs!
What do you guys think? Should I go for it? This condo is on the market to sell too, so I might be able to lease to own. Also, having a higher rent motivates me to go into work.....




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