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Old 04-29-2012, 08:52 PM
 
Location: South Central Nebraska
350 posts, read 630,969 times
Reputation: 280

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Quote:
Originally Posted by wh15395 View Post
What you mean are amenities, and as someone who has lived in Carmel, I can tell you Detroit's suburbs have plenty more.
Aren't the most desirable suburbs of Detroit like Birmingham and Bloomfield Township very expensive? Housing prices there don't look like a huge bargain there more than anywhere else.
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Old 04-29-2012, 10:05 PM
 
Location: Michigan
4,571 posts, read 7,041,891 times
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Quote:
Originally Posted by SCentralNEGuy View Post
Aren't the most desirable suburbs of Detroit like Birmingham and Bloomfield Township very expensive? Housing prices there don't look like a huge bargain there more than anywhere else.
They're balanced out by more middle class suburbs like Southfield and Warren which are pretty good for basic suburbs. All the homes are almost 50 years old, but they're kept in pretty good condition.

They're not great, but they're good and most people have been happy to live there for 20+ years.
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Old 04-29-2012, 10:58 PM
 
Location: South Central Nebraska
350 posts, read 630,969 times
Reputation: 280
Quote:
Originally Posted by animatedmartian View Post
They're balanced out by more middle class suburbs like Southfield and Warren which are pretty good for basic suburbs. All the homes are almost 50 years old, but they're kept in pretty good condition.

They're not great, but they're good and most people have been happy to live there for 20+ years.
You're right that I should look at average house prices in determining affordability for a housing market its just that I feel like Detroit's housing prices are skewed downwards by the City of Detroit which is dangerous and hollowing out. Unless you go to the South suburbs, in the Chicago area, DuPage, suburban Cook, and the southern half of Lake County have starting home prices in the 300 thousands for a small house on a small lot! For a Midwestern city I don't consider this affordable! Is it like this in suburban Detroit?
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Old 04-30-2012, 12:37 AM
 
Location: Michigan
4,571 posts, read 7,041,891 times
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Quote:
Originally Posted by SCentralNEGuy View Post
You're right that I should look at average house prices in determining affordability for a housing market its just that I feel like Detroit's housing prices are skewed downwards by the City of Detroit which is dangerous and hollowing out. Unless you go to the South suburbs, in the Chicago area, DuPage, suburban Cook, and the southern half of Lake County have starting home prices in the 300 thousands for a small house on a small lot! For a Midwestern city I don't consider this affordable! Is it like this in suburban Detroit?
You don't see $300K homes until you get to the edge of the current sprawl. Then $300K buys you brand new 2600 square feet plus with like 0.3 acres of yardage.

http://www.tuscanycompanies.com/executive.html

http://www.tuscanycompanies.com/developments.html

The inner ring suburbs are more around $40K to $175K depending on the county. Then prices go up as you head farther from Detroit (typically).

Last edited by animatedmartian; 04-30-2012 at 01:42 AM..
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Old 04-30-2012, 05:22 AM
 
56,747 posts, read 81,061,259 times
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Don't forget that the city of Detroit still has nice, old money neighborhoods within city limits too. http://www.sherwoodforestdetroit.org/

UDCAonline: Home


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HISTORIC INDIAN VILLAGE - Detroit, Michigan
Home | Historic Indian Village Association
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Welcome to Palmer Woods

YouTube - Broadcast Yourself.

The Villages of Detroit - Located three miles east of downtown, along the Detroit River, the Villages of Detroit are a unique collection of waterfront communities each with authentic personality and charm.

Boston-Edison Historic District, Detroit Neighborhood
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Old 04-30-2012, 05:40 AM
 
Location: South Central Nebraska
350 posts, read 630,969 times
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Yes there are some amazing houses for low prices but Boston-Edison is surrounded by terrible areas, same for Indian Village. Palmer Woods/Sherwood Forest if you cross Woodward Avenue you are again in a terrible area. I wouldn't live in either of these three areas because of safety concerns.
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Old 04-30-2012, 05:41 AM
 
Location: South Central Nebraska
350 posts, read 630,969 times
Reputation: 280
Quote:
Originally Posted by animatedmartian View Post
You don't see $300K homes until you get to the edge of the current sprawl. Then $300K buys you brand new 2600 square feet plus with like 0.3 acres of yardage.

http://www.tuscanycompanies.com/executive.html

http://www.tuscanycompanies.com/developments.html

The inner ring suburbs are more around $40K to $175K depending on the county. Then prices go up as you head farther from Detroit (typically).
To me that is pretty affordable. Thanks for the information.
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Old 04-30-2012, 10:06 AM
 
Location: Englewood, Near Eastside Indy
8,345 posts, read 14,115,137 times
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Quote:
Originally Posted by SCentralNEGuy View Post
Yes there are some amazing houses for low prices but Boston-Edison is surrounded by terrible areas, same for Indian Village. Palmer Woods/Sherwood Forest if you cross Woodward Avenue you are again in a terrible area. I wouldn't live in either of these three areas because of safety concerns.
I've got news for you, most cities have nice areas surrounded by, or adjacent to, some pretty rough areas.
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Old 04-30-2012, 10:13 AM
 
Location: Indianapolis
3,895 posts, read 4,574,681 times
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Quote:
Originally Posted by SCentralNEGuy View Post
Aren't the most desirable suburbs of Detroit like Birmingham and Bloomfield Township very expensive? Housing prices there don't look like a huge bargain there more than anywhere else.
Ya i would think so.
Carmel/Fishers you can get alot of quality for Suburbs and amendities but not have to pay that premium of other suburbs
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Old 04-30-2012, 10:15 AM
 
Location: Southeast TX
872 posts, read 1,410,957 times
Reputation: 896
Quote:
Originally Posted by trackstar08 View Post
In Houston you can buy a 2000+ sq. foot house for 130,000 or even less
Its true. Both Dallas and Houston have a very decent housing market. But there is alot of cookie cutter neighborhoods in both cities. I personally like fixer uppers. The south in general gives you more bang for your buck.
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