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Old 02-27-2008, 12:10 PM
 
2,185 posts, read 6,434,427 times
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It's Kyle so it makes sense that you can get a 3300 sq ft house for only 175K.
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Old 02-27-2008, 04:12 PM
 
65 posts, read 219,906 times
Reputation: 42
ouch!! that hurts
I loved it down there. Nice small town feel, but just outside the city.
New homes and lot of things planned for the future.
The people we've met seem nice.
Whats wrong with it??
chris2000
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Old 02-27-2008, 05:34 PM
 
Location: SW Austin & Wimberley
6,333 posts, read 18,056,449 times
Reputation: 5532
Quote:
Originally Posted by Chris2000 View Post
ouch!! that hurts
I loved it down there. Nice small town feel, but just outside the city.
New homes and lot of things planned for the future.
The people we've met seem nice.
Whats wrong with it??
chris2000
Nothing wrong with it. You're exactly the right type of buyer for Kyle. You want a lot of home for your money, you want a nice new home, you don't mind being a bit outside Austin, you're proud of your neighborhood.

The next step though is to be active and involved in your neighborhood and protect your property value. Join the HOA Board, be a neighborhood activist. Pressure the builders to not sell to too many investors. Help the builder find more good buyers/neighbors, the kind who will have a "stakeholder" mentality, like you.

The potential downside of some of the newer, emerging areas is that they skip the "Growth" and "Stability" stages of the neighborhood life cycle and go straight to the "Decline" stage. There are ample examples of this surrounding Austin. Neighborhoods barely 3 to 5 years old, over sold to first time buyers (who never should have qualified to be buyers) and investors.

So, be happy about your deal but know also that you need to be proactive and protect your investment, which may require some effort on your part until the area reaches maturity/stability.

Steve
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Old 02-27-2008, 06:34 PM
 
2,185 posts, read 6,434,427 times
Reputation: 698
Oh, sorry, nothing wrong with it. I just meant you can get more house for your money outside of Austin. Sorry if it was misleading. I always think it stinks that Austin is so pricey.
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Old 02-27-2008, 09:16 PM
 
8,231 posts, read 17,319,202 times
Reputation: 3696
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Originally Posted by llkltk View Post
It's Kyle so it makes sense that you can get a 3300 sq ft house for only 175K.
Nothing wrong with Kyle or with paying $175K for a house....if you work in Kyle or close by. I have 'issues' with living in Kyle in ANY kind of house for ANY price if you work or commute to, say, Cedar Park. That's crazy.
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Old 02-28-2008, 05:52 AM
 
65 posts, read 219,906 times
Reputation: 42
heheh I'm right there with ya. I work out of my house so I have no commute. If i did have to go somwere for work I would find somthing near by. Traffic is one of the things that makes me crazy.
Chris2000
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