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[FL] 55+ Condo gaining or losing resale value?

I inherited a 55+ condo around 8 years ago. I’m 34 and haven’t had any problems with anyone trying to kick me out. I like it here I’m gone 3 weeks out of the month for work and when I come home it’s quite. The place is old maybe 1970-1980.

Eventually I want to sell it and get a real house maybe move states but that dream seems far out. Right now I’m wondering if I should sell the place or keep it and try to find something of similar value that might be easier and higher to sell in the future.

As the place is old it seems like I’m losing money on resale even though I know every year the price should be rising I know nothing about real estate so would like your opinions. I was also thinking of renovating the kitchen bathrooms patio but again just don’t know if it’s worth it as a buyer may not have the same taste.

Place was originally purchase around 45-50k think I might be able to get 60-80k

submitted by /u/FarPotential95
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1ovxn12/fl_55_condo_gaining_or_losing_resale_value/
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