[quote=SD Realtor]There really is not a hard number that you can grasp. As you said, it will simply affect the number of buyers who will want to buy the home in the future. More important does it affect you? If you are not concerned with any safety issues or having to look at it every day, then that is half the battle. Personally it is not something I would put up with but that is just me. Housing is way to expensive to plunk down all that money and be that close to the power lines.[/quote]
well, the infamous Shadetree flipper house on the same street was on the market for at least couple of years. That one was slightly bigger, ended up selling for $850k. Looking around there’s one on Greenstone nearby backing up to Stonebridge, with powerline view, but further away, that one went for $820k.
This house by pictures is well upgraded. With upgraded granite in the kitchen, crown molding, built-in frig and I think built-in blinds too. with the pool in the back, I would venture around $200k worth of upgrades inside and out.
Now we also know Calabria homes are suppose to be of better quality compared to the current Serenity homes.
New Serenity homes, a whole bunch just closed for average of $950k. On dirt. These new Serenity home owners will likely need to spend another $150 to $200k in upgrades.
Meanwhile this fully ugraded Calabria home is sitting on the market for $850k. All because of that darn powerline.
Conclusion: people REALLY do not like powerlines.
If you don’t mind the powerlines, lowball for $800k and see what happens. They sound desperate. Just remember, you’ll be in the same shoes when you decide to sell.
