Are you OK with dated apartment finishes?

by Joe Zekas on 1/30/13

A few months ago we posted on the subject of lakefront properties, even some that are only a few years old, upgrading nearly everything.

Some landlords have taken a piecemeal approach to upgrading their apartments, in recognition of the fact that not every renter attaches the same value to granite counter tops, hardwood floors and stainless steel appliances.

Harvest Wheat and Almond were among the appliance colors that debuted in the 70s but made their way into new apartments well into the 80s. If you’re aching for Almond, hankering for Harvest Wheat, or lusting after laminate counter tops, you can still find them in some of the high-rises that were built in the 80s – and save several hundred dollars a month in rent. There are a number of buildings that are offering renters the choice of renovated or unrenovated apartments.

If keeping monthly rents at a minimum isn’t your sole priority, you might be able to upgrade to a much higher floor with a better view and older finishes at the same price as a low-floor no-view one with stainless and granite.

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{ 2 comments… read them below or add one }

Fred January 30, 2013 at 10:50 AM

Do you by any chance have a list of these buildings? A friend of mine is currently apartment hunting and would be willing to live with an outdated kitchen if it were in her preferred location.

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Joe Zekas January 30, 2013 at 11:01 AM

I don’t have a complete list, Fred, but two buildings that come to mind are 77 West Huron and Presidential Towers. PT is updating almost all of its units as they turn over.

If your friend has a very strong locational preference, I’d suggest she call the buildings in that location from our at-a-glance apartment lists and ask about unrenovated options.

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