With many of the new downtown Austin condo projects, it is not uncommon to see prices in excess of $500, $600, or even $700 per square foot. As the price of new projects has doubled or tripled from the days of the Nokonah, the prices for older downtown projects have not escalated at the same rate.If you are interested in a 3 bedroom 2,000 square foot high-rise downtown condo unit for $425,000 or a 1,000 square foot condo with 2 bedrooms and 2 baths for under $250,000, many buyers would be surprised that they . . .