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Updated over 2 years ago on . Most recent reply

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Amrit Babu
  • Real Estate Investor
  • Austin, TX
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Oh Pantry my Pantry~~

Amrit Babu
  • Real Estate Investor
  • Austin, TX
Posted

Need some advice... Closing on a new construction condo Austin, TX (2 miles from dtown) that I got under contract 1.5 years ago. Upon few months after execution of purchase agreement my unit ended up being flagged as an ADA unit. It was stated, not much is going to change besides entrance size, removable cabinets, countertops, etc.

Today when doing a walk through, I noticed I don't have a kitchen pantry closet. Of course there are some other positives, I get a full size washer/dryer instead of stackable like other units, wider doors, etc. Any recommendations on how you would address this? I was one of the early adopters, so have already made significant equity. Is this something to be of a concern from a rental perspective.

~717 sqft, 1/1. Assigned parking spot, 1 storage unit on same floor (Only unit that has this) washer/dryer, Fridge and pool facing.... ADA Unit. Only one other ADA unit.

Anything to be concerned on?  I purchased it for $265k, same unit is going for $395k.  Little irritated this happened but trying to be positive.

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Greg M.
  • Rental Property Investor
  • Los Angeles, CA
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Greg M.
  • Rental Property Investor
  • Los Angeles, CA
Replied

I'm confused how your unit got "flagged as an ADA unit". They can't just make a unit ADA compliant without your consent. Regardless, it doesn't sound like a bad thing and may even allow for increase rent as they are probably in high demand.

As long as there is enough storage in the kitchen, no one is going to care too much about a missing pantry.

I'd make sure the parking spot is a prime spot and listed in the contract. A nice big spot right outside the door that is handicap van accessible.

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