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January 24, 2008 at 4:44 PM in reply to: Price movement over 3 years in certain RSF and Bay Area homes #142752January 24, 2008 at 4:44 PM in reply to: Price movement over 3 years in certain RSF and Bay Area homes #142685pfflyerParticipant
Raptor,
I have been following your posts because we are in somewhat similar positions; although I am looking for a little less home than you need. My question involves categorizing these homes in price per sf. The land values vary widely in areas and lot sizes as well. I have been trying to get approximate land values (per sf) for these areas and then break out the homes in price per sf. While still very unscientific, it allows you to compare quality of build between two homes more realistically. Have you attempted anything similar or are you locked into an area already (FBR?)January 24, 2008 at 4:44 PM in reply to: Price movement over 3 years in certain RSF and Bay Area homes #142660pfflyerParticipantRaptor,
I have been following your posts because we are in somewhat similar positions; although I am looking for a little less home than you need. My question involves categorizing these homes in price per sf. The land values vary widely in areas and lot sizes as well. I have been trying to get approximate land values (per sf) for these areas and then break out the homes in price per sf. While still very unscientific, it allows you to compare quality of build between two homes more realistically. Have you attempted anything similar or are you locked into an area already (FBR?)January 24, 2008 at 4:44 PM in reply to: Price movement over 3 years in certain RSF and Bay Area homes #142648pfflyerParticipantRaptor,
I have been following your posts because we are in somewhat similar positions; although I am looking for a little less home than you need. My question involves categorizing these homes in price per sf. The land values vary widely in areas and lot sizes as well. I have been trying to get approximate land values (per sf) for these areas and then break out the homes in price per sf. While still very unscientific, it allows you to compare quality of build between two homes more realistically. Have you attempted anything similar or are you locked into an area already (FBR?)January 24, 2008 at 4:44 PM in reply to: Price movement over 3 years in certain RSF and Bay Area homes #142422pfflyerParticipantRaptor,
I have been following your posts because we are in somewhat similar positions; although I am looking for a little less home than you need. My question involves categorizing these homes in price per sf. The land values vary widely in areas and lot sizes as well. I have been trying to get approximate land values (per sf) for these areas and then break out the homes in price per sf. While still very unscientific, it allows you to compare quality of build between two homes more realistically. Have you attempted anything similar or are you locked into an area already (FBR?)pfflyerParticipantThanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
pfflyerParticipantThanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
pfflyerParticipantThanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
pfflyerParticipantThanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
pfflyerParticipantThanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
pfflyerParticipantSD Realtor, I will look into some older homes in the Covenant because that would be my first choice anyway. I have heard horror stories about permits and remodeling these older places. Is that the case in RSF? What about new construction there (buying a lot;) is it difficult and expensive for all the fees? It seems that Crosby, Santaluz, and Meadows del Mar are all subject to high MR. I’m looking for a community to hopefully retire and play some golf. Thanks..
pfflyerParticipantSD Realtor, I will look into some older homes in the Covenant because that would be my first choice anyway. I have heard horror stories about permits and remodeling these older places. Is that the case in RSF? What about new construction there (buying a lot;) is it difficult and expensive for all the fees? It seems that Crosby, Santaluz, and Meadows del Mar are all subject to high MR. I’m looking for a community to hopefully retire and play some golf. Thanks..
pfflyerParticipantSD Realtor, I will look into some older homes in the Covenant because that would be my first choice anyway. I have heard horror stories about permits and remodeling these older places. Is that the case in RSF? What about new construction there (buying a lot;) is it difficult and expensive for all the fees? It seems that Crosby, Santaluz, and Meadows del Mar are all subject to high MR. I’m looking for a community to hopefully retire and play some golf. Thanks..
pfflyerParticipantSD Realtor, I will look into some older homes in the Covenant because that would be my first choice anyway. I have heard horror stories about permits and remodeling these older places. Is that the case in RSF? What about new construction there (buying a lot;) is it difficult and expensive for all the fees? It seems that Crosby, Santaluz, and Meadows del Mar are all subject to high MR. I’m looking for a community to hopefully retire and play some golf. Thanks..
pfflyerParticipantSD Realtor, I will look into some older homes in the Covenant because that would be my first choice anyway. I have heard horror stories about permits and remodeling these older places. Is that the case in RSF? What about new construction there (buying a lot;) is it difficult and expensive for all the fees? It seems that Crosby, Santaluz, and Meadows del Mar are all subject to high MR. I’m looking for a community to hopefully retire and play some golf. Thanks..
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