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May 18, 2008 at 8:34 AM #206923May 18, 2008 at 8:55 AM #206794EconProfParticipant
BobS
I bicycle around this area a lot and have noticed there is a very strong correlation between the house and lot values and the proximity to the power lines. Whether they are or are not a health/environmental hazard, what counts is the market’s perception, and it is very negative.
Another factor that will hurt these values is that most of the houses were put up in the runup to the 2005/6 price peak. The builders went for square footage over lower density, and the neighborhood show it. No amount of architectural gyrations will disguise the fact that your big box is smack next to your neighbors big box, and your 3rd and 4th cars are clogging the available street parking.
The next trend will be downsizing to reasonably-sized houses, shedding some possessions, and heating and cooling a smaller abode. This trend was in evidence in the earlier 1990s correction.May 18, 2008 at 8:55 AM #206848EconProfParticipantBobS
I bicycle around this area a lot and have noticed there is a very strong correlation between the house and lot values and the proximity to the power lines. Whether they are or are not a health/environmental hazard, what counts is the market’s perception, and it is very negative.
Another factor that will hurt these values is that most of the houses were put up in the runup to the 2005/6 price peak. The builders went for square footage over lower density, and the neighborhood show it. No amount of architectural gyrations will disguise the fact that your big box is smack next to your neighbors big box, and your 3rd and 4th cars are clogging the available street parking.
The next trend will be downsizing to reasonably-sized houses, shedding some possessions, and heating and cooling a smaller abode. This trend was in evidence in the earlier 1990s correction.May 18, 2008 at 8:55 AM #206881EconProfParticipantBobS
I bicycle around this area a lot and have noticed there is a very strong correlation between the house and lot values and the proximity to the power lines. Whether they are or are not a health/environmental hazard, what counts is the market’s perception, and it is very negative.
Another factor that will hurt these values is that most of the houses were put up in the runup to the 2005/6 price peak. The builders went for square footage over lower density, and the neighborhood show it. No amount of architectural gyrations will disguise the fact that your big box is smack next to your neighbors big box, and your 3rd and 4th cars are clogging the available street parking.
The next trend will be downsizing to reasonably-sized houses, shedding some possessions, and heating and cooling a smaller abode. This trend was in evidence in the earlier 1990s correction.May 18, 2008 at 8:55 AM #206904EconProfParticipantBobS
I bicycle around this area a lot and have noticed there is a very strong correlation between the house and lot values and the proximity to the power lines. Whether they are or are not a health/environmental hazard, what counts is the market’s perception, and it is very negative.
Another factor that will hurt these values is that most of the houses were put up in the runup to the 2005/6 price peak. The builders went for square footage over lower density, and the neighborhood show it. No amount of architectural gyrations will disguise the fact that your big box is smack next to your neighbors big box, and your 3rd and 4th cars are clogging the available street parking.
The next trend will be downsizing to reasonably-sized houses, shedding some possessions, and heating and cooling a smaller abode. This trend was in evidence in the earlier 1990s correction.May 18, 2008 at 8:55 AM #206936EconProfParticipantBobS
I bicycle around this area a lot and have noticed there is a very strong correlation between the house and lot values and the proximity to the power lines. Whether they are or are not a health/environmental hazard, what counts is the market’s perception, and it is very negative.
Another factor that will hurt these values is that most of the houses were put up in the runup to the 2005/6 price peak. The builders went for square footage over lower density, and the neighborhood show it. No amount of architectural gyrations will disguise the fact that your big box is smack next to your neighbors big box, and your 3rd and 4th cars are clogging the available street parking.
The next trend will be downsizing to reasonably-sized houses, shedding some possessions, and heating and cooling a smaller abode. This trend was in evidence in the earlier 1990s correction.May 18, 2008 at 9:29 AM #206809nybuyerParticipantAnd despite these homes proximity to the Santaluz course, they are not within the gates of Santaluz? What area is Santa Monica considered?
Thanks
May 18, 2008 at 9:29 AM #206865nybuyerParticipantAnd despite these homes proximity to the Santaluz course, they are not within the gates of Santaluz? What area is Santa Monica considered?
Thanks
May 18, 2008 at 9:29 AM #206895nybuyerParticipantAnd despite these homes proximity to the Santaluz course, they are not within the gates of Santaluz? What area is Santa Monica considered?
Thanks
May 18, 2008 at 9:29 AM #206918nybuyerParticipantAnd despite these homes proximity to the Santaluz course, they are not within the gates of Santaluz? What area is Santa Monica considered?
Thanks
May 18, 2008 at 9:29 AM #206949nybuyerParticipantAnd despite these homes proximity to the Santaluz course, they are not within the gates of Santaluz? What area is Santa Monica considered?
Thanks
May 18, 2008 at 11:18 AM #206861AnonymousGuestHi NY – You are correct, the homes in Santa Monica are not in Santa Luz proper.
I’ve not been in Santa Monica but am looking in Santa Luz. The power lines seem to be on the west side of the division. You can see them if you zoom in on google maps. The lines run north/south and it looks like there’s a maintenance road or something below them.
The Monet community is about 2 miles south east of Santa Monica, on Bryn Glen Way. Much closer to the 56. Here’s a map with driving directions between the two for perspective:
May 18, 2008 at 11:18 AM #206916AnonymousGuestHi NY – You are correct, the homes in Santa Monica are not in Santa Luz proper.
I’ve not been in Santa Monica but am looking in Santa Luz. The power lines seem to be on the west side of the division. You can see them if you zoom in on google maps. The lines run north/south and it looks like there’s a maintenance road or something below them.
The Monet community is about 2 miles south east of Santa Monica, on Bryn Glen Way. Much closer to the 56. Here’s a map with driving directions between the two for perspective:
May 18, 2008 at 11:18 AM #206943AnonymousGuestHi NY – You are correct, the homes in Santa Monica are not in Santa Luz proper.
I’ve not been in Santa Monica but am looking in Santa Luz. The power lines seem to be on the west side of the division. You can see them if you zoom in on google maps. The lines run north/south and it looks like there’s a maintenance road or something below them.
The Monet community is about 2 miles south east of Santa Monica, on Bryn Glen Way. Much closer to the 56. Here’s a map with driving directions between the two for perspective:
May 18, 2008 at 11:18 AM #206970AnonymousGuestHi NY – You are correct, the homes in Santa Monica are not in Santa Luz proper.
I’ve not been in Santa Monica but am looking in Santa Luz. The power lines seem to be on the west side of the division. You can see them if you zoom in on google maps. The lines run north/south and it looks like there’s a maintenance road or something below them.
The Monet community is about 2 miles south east of Santa Monica, on Bryn Glen Way. Much closer to the 56. Here’s a map with driving directions between the two for perspective:
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