Is this a good deal ?

[sdrealtor]

Marble flooring is so 1980’s Scarface. Maybe in South Bay it is still very desireable but I can assure you in the rest of the county it is unacceptable.

FWIW, glad you have taken SEVERAL business courses. Please try using them sometime:P

[ocrenter]

[img_assist|nid=15259|title=greenstone|desc=|link=node|align=left|width=76|height=100]

there’s two arguments here. whether $800k for a 5000 sqft home in stonebridge is a good bargain and whether $800k is a good bargain for this particular home.

several issues with the home itself:
–agree with sdr, that’s one weird looking flooring with the irregularly laid out tiles. that just weeded out a bunch of potential buyers.
–minimal usable lot. the back yard is actually not very big per google maps.
–backs up to busy and fast stonebridge parkway.

so $800k is just a fair deal for this particular house. but if you can find another stonebridge home with similar sqft and none of deficiencies for similar prices, I think it would be a good deal, even with the MR and HOA.

[ocrenter]

[img_assist|nid=15259|title=greenstone|desc=|link=node|align=left|width=76|height=100]

there’s two arguments here. whether $800k for a 5000 sqft home in stonebridge is a good bargain and whether $800k is a good bargain for this particular home.

several issues with the home itself:
–agree with sdr, that’s one weird looking flooring with the irregularly laid out tiles. that just weeded out a bunch of potential buyers.
–minimal usable lot. the back yard is actually not very big per google maps.
–backs up to busy and fast stonebridge parkway.

so $800k is just a fair deal for this particular house. but if you can find another stonebridge home with similar sqft and none of deficiencies for similar prices, I think it would be a good deal, even with the MR and HOA.

[ocrenter]

[img_assist|nid=15259|title=greenstone|desc=|link=node|align=left|width=76|height=100]

there’s two arguments here. whether $800k for a 5000 sqft home in stonebridge is a good bargain and whether $800k is a good bargain for this particular home.

several issues with the home itself:
–agree with sdr, that’s one weird looking flooring with the irregularly laid out tiles. that just weeded out a bunch of potential buyers.
–minimal usable lot. the back yard is actually not very big per google maps.
–backs up to busy and fast stonebridge parkway.

so $800k is just a fair deal for this particular house. but if you can find another stonebridge home with similar sqft and none of deficiencies for similar prices, I think it would be a good deal, even with the MR and HOA.

[ocrenter]

[img_assist|nid=15259|title=greenstone|desc=|link=node|align=left|width=76|height=100]

there’s two arguments here. whether $800k for a 5000 sqft home in stonebridge is a good bargain and whether $800k is a good bargain for this particular home.

several issues with the home itself:
–agree with sdr, that’s one weird looking flooring with the irregularly laid out tiles. that just weeded out a bunch of potential buyers.
–minimal usable lot. the back yard is actually not very big per google maps.
–backs up to busy and fast stonebridge parkway.

so $800k is just a fair deal for this particular house. but if you can find another stonebridge home with similar sqft and none of deficiencies for similar prices, I think it would be a good deal, even with the MR and HOA.

[ocrenter]

[img_assist|nid=15259|title=greenstone|desc=|link=node|align=left|width=76|height=100]

there’s two arguments here. whether $800k for a 5000 sqft home in stonebridge is a good bargain and whether $800k is a good bargain for this particular home.

several issues with the home itself:
–agree with sdr, that’s one weird looking flooring with the irregularly laid out tiles. that just weeded out a bunch of potential buyers.
–minimal usable lot. the back yard is actually not very big per google maps.
–backs up to busy and fast stonebridge parkway.

so $800k is just a fair deal for this particular house. but if you can find another stonebridge home with similar sqft and none of deficiencies for similar prices, I think it would be a good deal, even with the MR and HOA.

[bearishgurl]

[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]

I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.

Practically speaking, these two types of “investments” are two completely different animals.

[bearishgurl]

[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]

I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.

Practically speaking, these two types of “investments” are two completely different animals.

[bearishgurl]

[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]

I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.

Practically speaking, these two types of “investments” are two completely different animals.

[bearishgurl]

[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]

I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.

Practically speaking, these two types of “investments” are two completely different animals.

[bearishgurl]

[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]

I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.

Practically speaking, these two types of “investments” are two completely different animals.

[sdrealtor]

You just dont get it. While two completely different animals, the valuation metrics dont change.

[sdrealtor]

You just dont get it. While two completely different animals, the valuation metrics dont change.

[sdrealtor]

You just dont get it. While two completely different animals, the valuation metrics dont change.

[sdrealtor]

You just dont get it. While two completely different animals, the valuation metrics dont change.

[Author]

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