City living across the nation has never been more prevalent than in recent years. A rise in urban sales among business professionals, as well as with transitioning and/or down-sizing households, clearly reflect this is more than simply a trend.
As a result, City properties that afford off-street parking and garage stalls draw a premium since these necessities are both expected and often at the top of the list of many buyers' list of wants and needs.
Note this interesting Wall Street Journal article on the subject with a quote from our very own Chad Larsen:
Wall Street Journal Real Estate 2014
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