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Updated about 3 years ago on .

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Raymond Chan
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How much of a "discount" to buy condo right next to fire station

Raymond Chan
Posted

Hi all,

I'm thinking of purchasing a condo that is located quite literally right next door to a fire station.

My question is: this whole condo community is essentially next door to the fire station, but my unit is the closest to both the side road and the fire station.

I am wondering how much of a "discount" you would need to feel comfortable buying this unit (as compared to another similar unit/floorplan that is nestled more comfortably inside the inner ring of the community. 

Or another way to think about this could be how much of a "lot premium" would you pay to be in the inner ring of condos rather than lot #1 in the image below? 

Or would this be a deal breaker, compared to some of the "inner" units?

Example image to make things easier to understand: my unit would be #1: https://imgur.com/a/6YUCt7d