What costs less on Long Island than other parts of the US? (New York: sale, 2014)

[ClarkStreetKid]

Originally Posted by 2011littlehouse

You did not start this thread to prove ClarkStreetKid's point, by any chance, right?

I'm the great unifier!

When it comes down to it, RP and Massapequa will stand shoulder-to-shoulder to deflect the flinging tarpoo.

Hey Peques, that aint poo, just reality being tossed your way.

[Pequaman]

Originally Posted by Yzette

The salaries are not much different. City salaries are one thing. Long Island salaries are no different from salaries an hour away from other urban areas. However, the COL is higher on Long Island than it is in other suburban areas of other cities.

The catch is that you may make 10K more in Manhattan for the same job on LI, but if your commute eats $5k of that and you have to travel for two hours in each direction, is it really worth it? Some feel it is. Others don't.

Only $10k more?

You're totally ignoring that job opportunities are magnitudes greater than other metro areas.

[andy2812]

Sand

[Pequaman]

Originally Posted by twingles

The biggest differences in COL down here are housing costs and I'm sorry but you can get a nice house for $200K with all the amenities nearby, safe area and good schools - that is just not happening on LI unless it needs $150K in upgrades anyway.

How much would a house like this [~3,000 sq foot, brand new CH Colonial]
Massapequa Park, NY 11762 | MLS# 2458256 cost in NC or VA?


The build cost is higher, but not by that much. You're really paying the premium for the land. I have a hard time believing that you can get that for $200k or anywhere less than $400k (maybe even $500k). What is the land worth, $0? I wouldn't trust the builder if that were the case ($200k).

[twingles]

Brand new? Probably $500K or so....but my house is 16 years old, 3000 sq feet, 4 BR 2.5 baths and we paid mid 3s. New construction did not interest us for many reasons, mostly because we wanted land. The bare minimum we wanted was .24, we have .40. This area is like NY in that land is at a premium. Most new construction has .25 TOPS. That size was our starting point.

I never said you'd get new construction at $200K. I said you'd get a nice house that doesn't need $150K in upgrades with everything nearby and really good schools.

[ClarkStreetKid]

350 to 381K in my hood. It'll go up and down by location.
That Massapequa Park money will get you a 5485 square foot single family home has 5 bedrooms and 6.5 bathrooms in the hood next door.

In the 400K range I found one at the place next door.
6025 Collinstone Dr, Glen Allen, VA 23059 MLS# 1131669 - Zillow

We're talking the same top notch schools for all I checked.

[BigMike50]

Originally Posted by Pequaman

How much would a house like this [~3,000 sq foot, brand new CH Colonial]
Massapequa Park, NY 11762 | MLS# 2458256 cost in NC or VA?


The build cost is higher, but not by that much. You're really paying the premium for the land. I have a hard time believing that you can get that for $200k or anywhere less than $400k (maybe even $500k). What is the land worth, $0? I wouldn't trust the builder if that were the case ($200k).

That's a nice house Peq

Just to give you a gauge...The house I purchased was a couple of hundred grand less but it was over twice the size,3 more bedrooms, 3.5 more baths, 3 car garage, brick not vinyl and I think my lot is bigger than 60 x95.. I'm a little over a 1/2 acre.

That house down here could be bought for around 270-300k here

[gag]

Originally Posted by Pequaman

How much would a house like this [~3,000 sq foot, brand new CH Colonial]
Massapequa Park, NY 11762 | MLS# 2458256 cost in NC or VA?


The build cost is higher, but not by that much. You're really paying the premium for the land. I have a hard time believing that you can get that for $200k or anywhere less than $400k (maybe even $500k). What is the land worth, $0? I wouldn't trust the builder if that were the case ($200k).

Now, you could get a house like that in Newark, DE, university town, for high 200's with 2K tax and close to Philly. Now, I know that you pay a premium to be 1 hr. from NYC metro. like Massap., but not bad for a few hours away.

[twingles]

I guess this house would be comparable. I don't care for the area, but this subdivision is highly-sought after. Houses go up to a million. Shows what I know!

1200 Croydon Glen Court, Cary, NC | Fonville Morisey Real Estate

[gag]

Originally Posted by twingles

I guess this house would be comparable. I don't care for the area, but this subdivision is highly-sought after. Houses go up to a million. Shows what I know!

1200 Croydon Glen Court, Cary, NC | Fonville Morisey Real Estate

did the Cary market come back?

I was there about 8 years ago and everything was for sale real cheap