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“Does anyone have any estimates of how much it costs to convert a pre-existing apartment building into condos?”

by Prince Of Petworth March 31, 2017 at 1:45 pm 19 Comments

house condo
Photo by PoPville flickr user Tim Brown

“Dear PoPville,

My friends and I live in an amazing three story rowhouse divided into apartments in our favorite part of DC. The excellent landlady unfortunately has to sell the house due to some health issues and we’re thinking to pool our money (and TOPA rights) to buy the house.

It makes a lot more sense to buy the home as a group then divide it into condos, so we’re not all stuck to living together for all time. Does anyone out there have any estimates of how much it costs to convert a pre-existing apartment building into condos?

Open to any other ideas on how to do this as well.”

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