Yes from a price per sq. ft. basis, downtown condo's are not a very good deal compared to suburban homes. I used to be against downtown condo's when I owned a nice surburban home but when i moved into a downtown condo I absolutely love it! And I was downsizing to a third of the square footage! There is sooo much energy and "vibe" from being in an urban environment. Plus ya don't have to drive much. The low maintenance is also a huge plus. But hey I'm a bachelor so it makes a lot of sense. Ideally, I would like both
But I can't see myself ever living in the suburbs again unless I really had to. Life is much better being in or close to a downtown environment.