believe it or not! (for sale, real estate, condos)
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I know there have been many posts about the high cost of living here in California, but I just had to repeat what a real estate flyer was asking in my development which is in a nice suburb of Ventura County....the home for sale is a 1430 sq. ft. CONDO, one story with no backyard,only an enclosed patio leading to a garage attached to two other condos. This condo is a 3 + 2 and the owner is asking,gulp, $750,000.00!!!!!!! This is not Beverly Hills but a small suburb where the original price was $35,000 in the 70's. Eight years ago and about 3 miles from where I live now, we bought a 2900 sq. ft. house on 1/2 an acre for $650,000. It was a four bedroom ranch with a pool and jacuzzi on a culdesac. This is what you pay to live gang free, close to Malibu with the top ten schools in the state.
I know there have been many posts about the high cost of living here in California, but I just had to repeat what a real estate flyer was asking in my development which is in a nice suburb of Ventura County....the home for sale is a 1430 sq. ft. CONDO, one story with no backyard,only an enclosed patio leading to a garage attached to two other condos. This condo is a 3 + 2 and the owner is asking,gulp, $750,000.00!!!!!!! This is not Beverly Hills but a small suburb where the original price was $35,000 in the 70's. Eight years ago and about 3 miles from where I live now, we bought a 2900 sq. ft. house on 1/2 an acre for $650,000. It was a four bedroom ranch with a pool and jacuzzi on a culdesac. This is what you pay to live gang free, close to Malibu with the top ten schools in the state.
That is amazing! $750,000 where I live buys you an extraordinary estate with all the bells and whistles on moderate cultivated acreage.
Here's a sales sign from San Diego recently. I think right now is maybe a bad time to try to ride last year's housing peak!
http://i144.photobucket.com/albums/r199/MoMark/HousingCrashSanDiego.jpg (broken link)
$230,000 buys you 2300sq. ft., almost five acres, three car garage, house-length wooden deck with built-in seating and lighting, and custom features in SW. MO.! When I see these prices in S. CA., I just roll. !
MoMark, I'm with you. Prices like that are why we left the DC suburbs of Northern Virginia and moved to Colorado. We have many home prices here in Colorado Springs that are comparable to what you see in MO.
MoMark, I'm with you. Prices like that are why we left the DC suburbs of Northern Virginia and moved to Colorado. We have many home prices here in Colorado Springs that are comparable to what you see in MO.
s/mike
We both made researched moves to places we both feel happy in I think Mike. I know you love where you are in Colorado and I am happy as a pig in a bacon-free kitchen in Missouri Yeah, it's nice when your house goes from cheap to fantastically overpriced if you can find a buyer and want out (and we both apparently got out of Washington and Las Vegas in the nick of time), but unless people who sell at those ridiculous prices move to somewhere where money still means something, it's a waste as everything is relative in the area they're in. And a lot of people simply aren't interested in leaving those areas.
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Yeah, it's nice when your house goes from cheap to fantastically overpriced if you can find a buyer and want out (and we both apparently got out of Washington and Las Vegas in the nick of time), but unless people who sell at those ridiculous prices move to somewhere where money still means something, it's a waste as everything is relative in the area they're in. And a lot of people simply aren't interested in leaving those areas.
