Metro Proximity Adds Value to Location

Summary


Condominium-style homes tend to be favored by either first-time buyers and young professionals or, at the other end of the spectrum, empty-nesters ready to downsize.

Both types of buyers relish the prospect of owning a home near urban amenities including public transportation, which is where most new condominiums are under development.

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Extract


Metro Proximity Adds Value to Location

Some condominium developments also include such on-site amenities as a fitness center, swimming pool and party room for residents, but condominium buyers often look first for a location with shops, restaurants and public transit within walking distance.

In Prince George's County, several builders are developing new condominiums, often near a Metro station.

At Bozzuto Homes Inc.'s Addison at St. Paul's in Capitol Heights, at 1207 Addison Road, the gated community will...

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