Don’t know if youall noticed, but according to Datrrell, the median price of a home in Amarillo is $111k. Money magazine has it at $77k. But either way if your were willing to spend 3 times the average home price, you would still be half of the asking price. This put this property (consertively)in the top 1% in terms of price – eliminating 99% of the potential home buyers.

To get the median home price divided by median income we divide median home price by median hh income we get,
77778/38062=2.04 for Amarillo,
493000/59775=8.2 for San Diego. (All numbers from CNN Money Magazine)

But this house in particular is
648000/38062=17.02 or 8 times the average for the Amarillo market, and twice the average for the San Diego market.

No Darrell is wrong on all counts. This house is way overpriced relative to Amarrillo market, and double the multiples by California standards – no bargain for California transplants. Unless you are looking for the most expensive McMansion in Sandhills in a half finished development.