You’re right, that house is gorgeous. I don’t have a lot of information on the home he is buying. I do know that it is totally custom and already about 15% less than recent (September/October) comps in the neighborhood. It’s a good deal (in an area comparison) right now and even if values fall 15% he’s fine. I’m just wondering how far people here think the area will fall over the next three years.
He may add more information later but for now thanks for the feedback – it is really helpful.