Photo by PoPville flickr user jsmjr
“Dear PoP,
What is the value of a covered parking space between Logan and Dupont Circle? I’ve heard anywhere from 25-50k. Also, when determining price per sq ft for condos, is parking factored in (i.e. 650 sq. ft. condo at 400k = 615/sq ft, but 650 sq ft condo at 400k – 40k for parking = $550/ sq ft.)?
Hope you (or the loyal readers) can help!”
and
“Now that we’ve dealt with basement rental apts. can we find out about renting a parking space? I’m about to rent out a space behind my house – should I have some kind of lease or other agreement? Can we both just sign a general “Nothing that may ever happen to your car for any reason will ever be my fault or liability” kind of thing?”