What You Need to Know About Notre Dame Real Estate!

According to our resident Notre Dame real estate expert here at Irish Realty, about 80% of properties purchased around Notre Dame come from parents of Notre Dame students. 

Many Notre Dame parents are motivated to have a place to stay when they come to visit their Notre Dame students, especially on Junior Parents weekend, football weekends – when Hotel prices go WAY up! Parents‌ ‌of‌ ‌Notre‌ ‌Dame‌ ‌students‌ ‌are‌ ‌taking‌ ‌advantage‌ ‌of‌ ‌our‌ ‌affordability‌ ‌and‌ purchasing‌ ‌condos‌ ‌for‌ ‌their‌ ‌students.‌ ‌This‌ ‌used‌ ‌to‌ ‌be‌ ‌a‌ ‌minor‌ ‌blip‌ ‌in‌ ‌the‌ ‌housing‌ industry,‌ ‌but‌ ‌it‌ ‌has‌ ‌now‌ ‌become‌ ‌a‌ ‌“real‌ ‌thing.”‌ ‌

Essentially,‌ ‌the‌ ‌student‌ ‌lives‌ ‌rent-free‌ ‌while‌ ‌his/her‌ ‌roommates‌ ‌cover‌ ‌the‌ ‌mortgage‌ ‌with‌ ‌rent.‌ ‌These‌ ‌families‌ ‌then‌ ‌retain‌ ‌the‌ ‌home‌ ‌after‌ ‌graduation‌ ‌as‌ ‌an‌ ‌investment‌ ‌property‌ ‌or‌ ‌as‌ ‌a‌ ‌second‌ ‌home‌ ‌for‌ ‌football‌ ‌weekends‌ ‌and‌ ‌other‌ ‌campus‌ ‌visits.

Nobody sells near Notre Dame real estate better than Irish Realty! We are now selling units at The Echoes, Brennan’s View, and many more. Plus we can help you make your near-campus house a home away from home with the help of our strategic partnership with Designed to Flourish. Vanessa and her team at Flourish can help you set up functional items AND create a beautifully curated space as seen here!

If you are looking to move to the Michiana area and want to know why South Bend/Mishawaka is the place to be check out this blog post here!

Reach‌ ‌out‌ ‌to‌ ‌us at ‌‌steve.smith@stevesmithteam.com‌ or‌ ‌call‌ ‌574-360-2569‌ ‌with‌ ‌any‌ ‌questions.

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