Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Tokhtamish
What worries me is that around here small 1/4 acre plots with tiny houses on them are going for $150-175k, up from $120-150k 3 years ago. Okay so you sell and the guy buying it expects to get $200k in 3 years. Then $250k 6 years from now.
Who in their right might is buying a small one bedroom house for that? They'll probably knock it down (price to demo it $30k) and build a new house for around $80k. So we're up to $350k for a new house that's still on a 1/4 acre. Its going to get insane.
8 posted on 08/01/2002 2:50:15 PM PDT by lelio
[ Post Reply | Private Reply | To 6 | View Replies ]


To: lelio
I sold out of Eastern MA in April.

I'm glad I did.

9 posted on 08/01/2002 2:51:52 PM PDT by Jim Noble
[ Post Reply | Private Reply | To 8 | View Replies ]

To: lelio
I just sold my small house on 1/4 acre for well over 300,000
11 posted on 08/01/2002 2:57:43 PM PDT by palmer
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson