I didn’t think late 2017 was a great time to buy a condo, after all the crazy appreciation of 2011-2015 was past, and there was no longer immediate large cashflows from rent > mortgage/tax/hoa/insurance.
As it turned out, my ~$70,000 downpayment and ~$20,000 in renovations has morphed into $350,000 in equity.
Main reason I pulled the trigger was the listing was a little below market at a place I had walked by and admired many times. I easily could have missed out on a continuing windfall!
