The orientation of a condo can play a pivotal role in enhancing the living experience. Among the various options, a south-facing condo stands out as a prime choice for those seeking not only a comfortable living space but also a host of natural benefits. The direction a condo faces can significantly impact its exposure to sunlight, temperature regulation, energy efficiency, and overall ambiance.
South-facing condos are often considered more valuable for several reasons, outlined below. If you’d like to see just how much more valuable, check out some stats pulled by our amazing agent, Mitch MacKenzie, comparing south and north-facing units in Ottawa.
Natural Light: South-facing units receive ample natural sunlight throughout the day, creating a bright and welcoming living space. The abundance of natural light can make the interior feel more open, airy, and visually appealing.
Warmth: In regions with cold climates, south-facing condos tend to be warmer during the colder months. The sunlight that enters through south-facing windows can help to naturally heat the space, reducing the need for additional heating.
Sunrises and Sunsets: Depending on the condo's location, a south-facing unit might offer views of both sunrises and sunsets. This added aesthetic appeal can enhance the overall living experience.
Energy Efficiency: The natural heating provided by sunlight in south-facing condos can lead to decreased energy consumption, as less artificial heating is required. This can result in lower utility bills and a smaller environmental footprint.
Resale Value: Because of their desirable features, south-facing condos often have higher resale values. Buyers are willing to pay a premium for units that offer enhanced natural lighting and other benefits associated with southern exposure.
Wellness and Mood: Exposure to natural light has been linked to improved well-being, mood, and even productivity. South-facing units can provide residents with these positive effects, creating a more enjoyable living environment.
Plant Growth: If you're a plant enthusiast, south-facing units offer optimal conditions for indoor plants. Many plants thrive in sunlight, and a south-facing condo can provide the necessary light for maintaining a green and lush indoor garden.
Views: Depending on the location of the condo, a south-facing unit might offer better views of city skylines, landscapes, or bodies of water.
Price Analysis with Mitch MacKenzie:
When comparing similar units at 224 Lyon (Gotham), south-facing units sell for roughly 9% higher than north facing due to unobstructed southern views from the 4th floor or higher where, as the north side has a higher chance of being a bit darker with less natural light due to buildings on Gloucester.
When breaking down one bedroom and one bedroom + den sales:
Price per sq.ft. average in the last 12 months for one bed: $665.57 per sq ft
Price per sq.ft. average in the last 12 months for one bed + den: $559.27 per sq ft
Price per sq.ft. average in the last 12 months for south facing one bed + den: $609.34 per sq ft
Price per sq.ft. average in the last 12 months for north facing one bed + den: $559.27 per sq ft
It's important to note that the desirability of south-facing units can vary based on geographic location and individual preferences. While south-facing condos offer numerous advantages, it's also essential to consider factors such as privacy, potential glare, and whether the climate in the area makes south-facing units practical and comfortable year-round.