Home › Forums › Closed Forums › Properties or Areas › Will Chanteclair in 4S drop in price?
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January 22, 2009 at 3:55 PM #334058January 22, 2009 at 4:02 PM #333546LAAFTERHOURSParticipant
[quote=esmith]There’s no such thing as an abstract “reasonable price per sf”. 4500 sf houses will always be cheaper per sf than 2500 sf houses. [/quote]
I agree – someone around these parts made that statement previously.
Most of the smaller “homes” in 4s are actually condo’s due to the shared driveways so realistically, those “homes” should price just above the townhomes in the area (Bridgeport, Gianni etc)and bridgeport has broken the 300 barrier with the 2 & 2 units selling in the 290s.
Im a local btw.
January 22, 2009 at 4:02 PM #333878LAAFTERHOURSParticipant[quote=esmith]There’s no such thing as an abstract “reasonable price per sf”. 4500 sf houses will always be cheaper per sf than 2500 sf houses. [/quote]
I agree – someone around these parts made that statement previously.
Most of the smaller “homes” in 4s are actually condo’s due to the shared driveways so realistically, those “homes” should price just above the townhomes in the area (Bridgeport, Gianni etc)and bridgeport has broken the 300 barrier with the 2 & 2 units selling in the 290s.
Im a local btw.
January 22, 2009 at 4:02 PM #333962LAAFTERHOURSParticipant[quote=esmith]There’s no such thing as an abstract “reasonable price per sf”. 4500 sf houses will always be cheaper per sf than 2500 sf houses. [/quote]
I agree – someone around these parts made that statement previously.
Most of the smaller “homes” in 4s are actually condo’s due to the shared driveways so realistically, those “homes” should price just above the townhomes in the area (Bridgeport, Gianni etc)and bridgeport has broken the 300 barrier with the 2 & 2 units selling in the 290s.
Im a local btw.
January 22, 2009 at 4:02 PM #333988LAAFTERHOURSParticipant[quote=esmith]There’s no such thing as an abstract “reasonable price per sf”. 4500 sf houses will always be cheaper per sf than 2500 sf houses. [/quote]
I agree – someone around these parts made that statement previously.
Most of the smaller “homes” in 4s are actually condo’s due to the shared driveways so realistically, those “homes” should price just above the townhomes in the area (Bridgeport, Gianni etc)and bridgeport has broken the 300 barrier with the 2 & 2 units selling in the 290s.
Im a local btw.
January 22, 2009 at 4:02 PM #334073LAAFTERHOURSParticipant[quote=esmith]There’s no such thing as an abstract “reasonable price per sf”. 4500 sf houses will always be cheaper per sf than 2500 sf houses. [/quote]
I agree – someone around these parts made that statement previously.
Most of the smaller “homes” in 4s are actually condo’s due to the shared driveways so realistically, those “homes” should price just above the townhomes in the area (Bridgeport, Gianni etc)and bridgeport has broken the 300 barrier with the 2 & 2 units selling in the 290s.
Im a local btw.
January 22, 2009 at 4:13 PM #333556lifeisgoodParticipantThanks for everyones knowledge. First of all my wife and realize that falling prices from todays price point are a possibility. We are cool either way as we will not be moving any time soon. ie 15+ years. We sincerely wanted to know how big of a hit 4S has yet to take from the loss that this area has already suffered? I know that none of you can predict the future, but it does seem like a lot of you have a genuine grasp on what the market has the potential to do. Now for the good stuff. We didn’t steal the house but feel as though we bought low enough to be able to see a return on our home within 15+ years. The story: We have been on the Dave Ramsey path for two and a half years. As bad as it sounds, we moved in with my wifes parents and payed off ALL of our debt. From that point we saved 6 months of emergency fund. After that we saved up our down payment which was only about 10%. I used my VA benefit and got approved for the loan with a fixed 5% interest rate. NO mortgage insurance thanks to VA. Yeh! We did have to pay a funding fee of about 8500 which we tacked on to the closing. Just had to save a little more. The house was listed at 668300. Like I said we put 10% down plus used the 20000 dollar incentive against the price of the house as well. Not only did they give the 20000 dollar incentive, but they also threw in stainless steal appliances, granite, upgraded stairs(all stained), windows in the garage doors, tiled all wet areas, and turned the 5th bedroom into a loft for us. It came out to like 205 a square foot. We aren’t millionares, but we are tight with our money. We would rather have paid off cars and a mortgage than the other way around. We don’t care about a benz or beamer. Thanks again for all of your market predictions!!!
January 22, 2009 at 4:13 PM #333888lifeisgoodParticipantThanks for everyones knowledge. First of all my wife and realize that falling prices from todays price point are a possibility. We are cool either way as we will not be moving any time soon. ie 15+ years. We sincerely wanted to know how big of a hit 4S has yet to take from the loss that this area has already suffered? I know that none of you can predict the future, but it does seem like a lot of you have a genuine grasp on what the market has the potential to do. Now for the good stuff. We didn’t steal the house but feel as though we bought low enough to be able to see a return on our home within 15+ years. The story: We have been on the Dave Ramsey path for two and a half years. As bad as it sounds, we moved in with my wifes parents and payed off ALL of our debt. From that point we saved 6 months of emergency fund. After that we saved up our down payment which was only about 10%. I used my VA benefit and got approved for the loan with a fixed 5% interest rate. NO mortgage insurance thanks to VA. Yeh! We did have to pay a funding fee of about 8500 which we tacked on to the closing. Just had to save a little more. The house was listed at 668300. Like I said we put 10% down plus used the 20000 dollar incentive against the price of the house as well. Not only did they give the 20000 dollar incentive, but they also threw in stainless steal appliances, granite, upgraded stairs(all stained), windows in the garage doors, tiled all wet areas, and turned the 5th bedroom into a loft for us. It came out to like 205 a square foot. We aren’t millionares, but we are tight with our money. We would rather have paid off cars and a mortgage than the other way around. We don’t care about a benz or beamer. Thanks again for all of your market predictions!!!
January 22, 2009 at 4:13 PM #333972lifeisgoodParticipantThanks for everyones knowledge. First of all my wife and realize that falling prices from todays price point are a possibility. We are cool either way as we will not be moving any time soon. ie 15+ years. We sincerely wanted to know how big of a hit 4S has yet to take from the loss that this area has already suffered? I know that none of you can predict the future, but it does seem like a lot of you have a genuine grasp on what the market has the potential to do. Now for the good stuff. We didn’t steal the house but feel as though we bought low enough to be able to see a return on our home within 15+ years. The story: We have been on the Dave Ramsey path for two and a half years. As bad as it sounds, we moved in with my wifes parents and payed off ALL of our debt. From that point we saved 6 months of emergency fund. After that we saved up our down payment which was only about 10%. I used my VA benefit and got approved for the loan with a fixed 5% interest rate. NO mortgage insurance thanks to VA. Yeh! We did have to pay a funding fee of about 8500 which we tacked on to the closing. Just had to save a little more. The house was listed at 668300. Like I said we put 10% down plus used the 20000 dollar incentive against the price of the house as well. Not only did they give the 20000 dollar incentive, but they also threw in stainless steal appliances, granite, upgraded stairs(all stained), windows in the garage doors, tiled all wet areas, and turned the 5th bedroom into a loft for us. It came out to like 205 a square foot. We aren’t millionares, but we are tight with our money. We would rather have paid off cars and a mortgage than the other way around. We don’t care about a benz or beamer. Thanks again for all of your market predictions!!!
January 22, 2009 at 4:13 PM #333999lifeisgoodParticipantThanks for everyones knowledge. First of all my wife and realize that falling prices from todays price point are a possibility. We are cool either way as we will not be moving any time soon. ie 15+ years. We sincerely wanted to know how big of a hit 4S has yet to take from the loss that this area has already suffered? I know that none of you can predict the future, but it does seem like a lot of you have a genuine grasp on what the market has the potential to do. Now for the good stuff. We didn’t steal the house but feel as though we bought low enough to be able to see a return on our home within 15+ years. The story: We have been on the Dave Ramsey path for two and a half years. As bad as it sounds, we moved in with my wifes parents and payed off ALL of our debt. From that point we saved 6 months of emergency fund. After that we saved up our down payment which was only about 10%. I used my VA benefit and got approved for the loan with a fixed 5% interest rate. NO mortgage insurance thanks to VA. Yeh! We did have to pay a funding fee of about 8500 which we tacked on to the closing. Just had to save a little more. The house was listed at 668300. Like I said we put 10% down plus used the 20000 dollar incentive against the price of the house as well. Not only did they give the 20000 dollar incentive, but they also threw in stainless steal appliances, granite, upgraded stairs(all stained), windows in the garage doors, tiled all wet areas, and turned the 5th bedroom into a loft for us. It came out to like 205 a square foot. We aren’t millionares, but we are tight with our money. We would rather have paid off cars and a mortgage than the other way around. We don’t care about a benz or beamer. Thanks again for all of your market predictions!!!
January 22, 2009 at 4:13 PM #334083lifeisgoodParticipantThanks for everyones knowledge. First of all my wife and realize that falling prices from todays price point are a possibility. We are cool either way as we will not be moving any time soon. ie 15+ years. We sincerely wanted to know how big of a hit 4S has yet to take from the loss that this area has already suffered? I know that none of you can predict the future, but it does seem like a lot of you have a genuine grasp on what the market has the potential to do. Now for the good stuff. We didn’t steal the house but feel as though we bought low enough to be able to see a return on our home within 15+ years. The story: We have been on the Dave Ramsey path for two and a half years. As bad as it sounds, we moved in with my wifes parents and payed off ALL of our debt. From that point we saved 6 months of emergency fund. After that we saved up our down payment which was only about 10%. I used my VA benefit and got approved for the loan with a fixed 5% interest rate. NO mortgage insurance thanks to VA. Yeh! We did have to pay a funding fee of about 8500 which we tacked on to the closing. Just had to save a little more. The house was listed at 668300. Like I said we put 10% down plus used the 20000 dollar incentive against the price of the house as well. Not only did they give the 20000 dollar incentive, but they also threw in stainless steal appliances, granite, upgraded stairs(all stained), windows in the garage doors, tiled all wet areas, and turned the 5th bedroom into a loft for us. It came out to like 205 a square foot. We aren’t millionares, but we are tight with our money. We would rather have paid off cars and a mortgage than the other way around. We don’t care about a benz or beamer. Thanks again for all of your market predictions!!!
January 22, 2009 at 4:16 PM #333571lifeisgoodParticipantBy the way this model sold for around 838000 one and a half years ago. That has to be a large pill to swallow.
January 22, 2009 at 4:16 PM #333904lifeisgoodParticipantBy the way this model sold for around 838000 one and a half years ago. That has to be a large pill to swallow.
January 22, 2009 at 4:16 PM #333987lifeisgoodParticipantBy the way this model sold for around 838000 one and a half years ago. That has to be a large pill to swallow.
January 22, 2009 at 4:16 PM #334015lifeisgoodParticipantBy the way this model sold for around 838000 one and a half years ago. That has to be a large pill to swallow.
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