Wonderful responses for pricing bottom model piggs. This site is great. Using other methods for pricing, such as renting to mortgage ratio or a different annual appreciation rate, can I have your estimates of what a 2000 sq.ft. 4b home should be priced in 2008 at say San Marcos if reasonable historical housing trends had been followed (and not crazed buying frenzy of last few years). BTW I acknowledge an error that was pointed out. I actually start with a base price of $250,000 in 2000 for above home, that leads to slightly under $400,000 in 2008 at 6% annual growth rate. So if someone thinks $400,000 is too high, what do you think a reasonable figure should be and why?
