Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
This is a knock down. Just on the land itself, I'd have to say no.
I don't like that the front yard faces one street and the back faces another street.
It is a bad parcel of land to have a house on, should have been kept as just green space with no house on it.
I know where this is, I am 35 minutes from there. Fresh Meadows is a nice area. Some houses here and there are not, but overall it is a nice area.
Your paying for the location here.
The price for the land is right about where it would be. your not paying for the house, but rather the location. Everything, anywhere in the NYC area is expensive, everywhere!
LOL, people its 2600 sq ft in NEW YORK CITY. It's a total to the studs rehab, but having that much space in the city does cost that much. Many of New Yorkers, if they own, live in co-ops or condos (that cost a lot too) unless they purchased when RE was really really cheap (i.e. family home passed down), so a home - let alone a 2600 sq ft home - does command that much. fresh meadows is also a decent neighborhood too, so expect to pay even more.
Quote:
Originally Posted by lvmensch
Cleaned up it could easily go for a million in that area. May be a 100,000 high but that is about it.
This is in New York. Think about the sky high property taxes that will have to paid year in and year out in perpetuity (unless the current state and city governments collapse and the area morphs into a low tax paradise).
This is in New York. Think about the sky high property taxes that will have to paid year in and year out in perpetuity (unless the current state and city governments collapse and the area morphs into a low tax paradise).
Proof that New Yorkers aren't necessarily as smart as they think they are. Yeah, sure, I' d be all over putting over a million dollars into buying and then a total renovation of a crappy beat to hell shack on a postage stamp lot with busy streets on three sides passing within arm's reach of your windows. Tell me, again, how living there would be so much better than just living in a tent under the Interstate?
The title of the thread is "Would you buy this house?" Property taxes would be a big deal for any potential owner occupant or potential landlord as they have a considerable impact on finances. So property taxes are very relevant for all buyers other than house flippers.
Proof that New Yorkers aren't necessarily as smart as they think they are. Yeah, sure, I' d be all over putting over a million dollars into buying and then a total renovation of a crappy beat to hell shack on a postage stamp lot with busy streets on three sides passing within arm's reach of your windows. Tell me, again, how living there would be so much better than just living in a tent under the Interstate?
Nope. Reasonably big lot for the area. And it will almost certainly sell for well less than list. And only one of those streets will have any significant traffic. The other two are low use residential streets.
So yes it would be a very nice home if properly fixed up. My prior home in S. CA would be of that class with the addition of a pool. It would now go for about 1.3 million. So NYC is not all that mad.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
