The city of Providence in Rhode Island is a great place to call home and many find that home due the large spectrum that is commonly available there. Providence is a city that is diverse, friendly and culturally rich. Some in the area want to buy new construction homes while others want to buy an older home that needs renovating but still has plenty of its original character. Residents old and new are also in the market for Providence RI Condos. Like many other cities the condominium lifestyle is catching on as people like to be close to the action. Browns University is in Providence and the area proves to be popular for condominium buyers. The newly constructed WaterPlace 1 & 2 in Providence has condo starting prices of three hundred thousand to around the one million dollar price tag.