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02-21-2009, 08:23 AM
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Senior Member
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Join Date: Jul 2007
1,025 posts, read 832,421 times
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The inferiority complex some of you have in this thread is amazing. How about not posting unless you have an answer to her questions.
The median house value in Rye is over 1 million. I have a relative there and one in Dobbs Ferry. All of these areas are close to the city and where executives usually live who work in NYC. Are some of you really not aware even lower level VP's in corporations make 400k+?
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02-21-2009, 08:51 AM
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Not a member
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Join Date: Aug 2008
Location: Middle Creek Township
2,034 posts, read 1,187,454 times
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Quote:
Originally Posted by boocake
My decisions are the reason for my place in life.
Really? Didn't you say your house doubled in value in 4 years or something up north? Where would you be if that home had LOST half its value instead - still living in the overpriced, dump of a town you love to complain about, barely making ends meet?
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The decisions that I made put me in that position for it to happen. Buying a condo first and working my way up and by putting physical labor into the house I sold paid off with my reward. I benefited from my hard work and decisions. I know of so many people that would just pi$$ and moan that they never had that opportunity, but they did. They just didn't want to live in a crappy condo first. They wanted their dream home or nothing, so they just sat in a pitty pot. I did what I could do within my means and it worked out.
FWIW - I would still be down here if the house did not double in value. I would just be living in a cheaper home and probably not in Cary, but it would still have happened. You make your dreams happen by actually doing something about them. I keep adjusting where I live based off of the local situation. I adjust as need be, rather than thinking something good should just come to me. "Hope" does nothing to help you, but action does. By studying the market and adjusting ahead of time, you make good things happen. Just like when I saw the Durham market slowing, I bailed and bought in Cary. I avoided the 10% loss that my Durham neighborhood had and gained over 13% in my new Cary home. 
Last edited by Charlton Dude; 02-21-2009 at 09:31 AM..
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02-21-2009, 10:15 AM
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Join Date: Jul 2007
Location: Five Points
1,194 posts, read 830,265 times
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reply
RYE- you should also check out Country Club Hills, Flythe Hills, Budleigh as well as Hayes-Barton and the White Oak RD area. These are all beautiful, top notch areas to live in.
Last edited by uncletupelo; 02-21-2009 at 11:04 AM..
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02-22-2009, 01:03 AM
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Senior Member
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Join Date: Mar 2008
305 posts, read 198,571 times
Reputation: 252
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Quote:
Originally Posted by Gatornation
The inferiority complex some of you have in this thread is amazing. How about not posting unless you have an answer to her questions.
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You must mean "superiority" complex.
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02-22-2009, 10:07 AM
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Not a member
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Join Date: Aug 2008
Location: Middle Creek Township
2,034 posts, read 1,187,454 times
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I know this is a little undersized, but it may be worth taking and adding on to bring it up to today's standards.
101 FAIRWAY VALLEY Court
Cary, NC 27513
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02-22-2009, 10:59 PM
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Senior Member
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Join Date: Jan 2007
193 posts, read 190,951 times
Reputation: 60
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Quote:
Originally Posted by Funky Chicken
I'd like to know how many of you have ever been to Rye, New York. If you haven't, you simply have no perspective. All of the questions being asked are perfectly legitimate for someone who lives there.
I lived in that area for a long time and while most of us here can't fathom the kind of home or lifestyle that the OP lives (or represents themselves as living), Giant multi-million dollar homes are the norm in Rye. A million dollars in Rye buys you a home that might be a 13-1500 square foot cape cod, 60+ years old, in need of total renovation. The taxes on that home woulod probably be in excess of $15,000 per year. You read that right.Go to Realtor.com and search zip code 10580-call me when your jaw hits the floor.
To the original poster-I'm sorry you seem to have been under attack here, but most City Data regulars read the information you post (which I realize is completely plausible and legitimate) and think it's a put-on. Million dollar plus homes are not commonplace here. Most folks, regardless of how much money they have, simply lead a less ostentatious life than is the norm in Westchester. In addition, there is much less "aspiration" amongst the upper middle class here. I live a FAR better life on my income (which is pretty much typical of a Cary household) than I ever could in your area-that's why I left.
One more observation-many of the pockets of our area that offer the kind of home you seek are populated by old-wealth Southern families. Despite the big homes and wealth you will find a big difference in lifestyle and values as compared to the bulk of Westchesterites. Raleigh is a far cry from "Rye South".
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What does the price of the home in Rye have to do with a family of 4 NEEDING an 8000 sf home. If she wants a 20,000 sf home, more power to her. I would like an 8000 sf home with 5 acres and a full basketball court. I don't NEED a home like that, though. And, yes, I've been to Rye. I thought it was a nice place. But it wasn't the end all, be all.
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02-23-2009, 12:37 AM
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Senior Member
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Join Date: Jul 2008
194 posts, read 77,987 times
Reputation: 93
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I doubt the Durham area is for you. Cary is much more like Rye than other areas around the Triangle.
I believe you should limit your search to certain areas of Raleigh or Cary- perhaps some newer areas in Apex- would probably work best for you. If you explain your desires, I am sure that your realtor will be able to put together quite a list for you to see.
Of course if you are used to jumping into NYC, up to CT, or to the beach often- the social life will be very different in the Triangle than up in Rye. We do have Broadway Shows South, the NC Symphony, ballet and many five star restaurants.
You'll find the summers here incredibly hot and you'll probably be shocked by the bugs. Make sure that large home has a screened in porch (or 2), probably want your own pool, get a termite contract asap and mosquito repellent.
Your kids should adjust very well down here. You will probably find it more difficult to adjust - and will have to put in more effort to find things to join in order to become more adjusted to your new home town.
Good luck, welcome and enjoy.
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02-23-2009, 02:16 PM
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Junior Member
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Join Date: Dec 2008
8 posts, read 4,515 times
Reputation: 20
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I think you should just buy at a high end development like Hasentree or Legacy at Jordan Lake. You can get side by side lots at these places for cheap right now. Then just build your 10k sq ft house.
You can rent for 4 to 6 months while it is being built.
This looks similar to something you could build on a bigger scale that would be up your alley.
New Custom Home - 50 Rolling Meadows Lane Chapel Hill NC
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02-23-2009, 06:06 PM
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Senior Member
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Join Date: Jul 2007
752 posts, read 377,701 times
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WOW! I could see needing that...
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02-23-2009, 06:26 PM
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Senior Member
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Join Date: Mar 2008
Location: 27609
269 posts, read 168,973 times
Reputation: 158
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Oh. My. God. That house in Chapel Hill is to die for.
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