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Old 02-07-2020, 10:57 AM
 
456 posts, read 1,122,999 times
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Why are there so many huge houses for sale for such low prices in Mohnton? it seems like you can buy a 6k sq ft home there for 400k. Does anyone have some insight about the area? I know that the taxes are extremely high in proportion to the housing prices for many listings, but I'm wondering if there is more to it? We are planning on looking at a house there on Sunday, but I have this feeling that I am missing something. Thanks.
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Old 02-08-2020, 10:38 AM
 
Location: Boston Metrowest (via the Philly area)
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I don't think there's a "catch" necessarily. Mohnton is a tidy and safe suburb of Reading. Quintessential middle class community.

Many, if not most, larger homes haven't recouped their value since the last housing downturn due to lack of demand for monstrous properties.

Millennial buyers, in particular, don't want to be left holding the bag on maintenance costs and becoming "house poor." So if you're personally interested in a large home and don't have any qualms with the maintainance/local taxes, consider yourself just lucky for the buyer's market.
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Old 02-08-2020, 06:28 PM
 
456 posts, read 1,122,999 times
Reputation: 192
Thank you for your feedback!
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Old 02-11-2020, 05:56 PM
 
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I've only driven through Mohnton a few times since it's kind of a hole in the wall and there's not much reason to go in there. Shillington and Kenhorst and 222 are major thoroughfares and on the other side are Route 10 and 625 taking you south.
But I did like what I saw when I drove through. It seems to be a close knit community from what I read in the papers. Not much crime and the housing stock looks old but maintained. I guess it was a mill town back in the day and still kind of rural.
There's an old joke expression the locals have about " The shipyards at Mohnton". Somebody would have to explain that to me. It strikes me as a quiet almost forgotten pocket. Its hilly around it and you'd drive past it not knowing its there.
The Cumru / Brecknock areas just to the south and east have some very upscale developments so that might influence the housing prices.
They have a new WW 2 museum in Mohnton that I want to visit sometime. And I think they have a tank or artillery piece at a VFW post. Its been 10 years since I drove through there.
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