[quote=bearishgurl]Fundamentally, there is no reason for a 1980’s MM tract home to cost $400K+.[/quote]
This Bannister house was built in the 80s. So, you might say now that you’re not referring to the Bannister house, but it sounded like you did originally. Which is what flu and I are talking about, wrt to buying it for $300k. This house is not abutting to MM Blvd. It’s separated from MM Blvd. by a street and other house.
Most of MM are still in the $300k. So, they’re still available for FT homebuyers. However, this house is not for FT home buyers, unless you can come up with the cash.
Those three houses should sell for low $300k.
WRT rent, yes, that’s the going rate for an apartment in MM. If you’re talking about 1/1 with a garage, you have to go much higher than that.
