Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-21-2008, 12:39 PM
 
90 posts, read 601,751 times
Reputation: 53

Advertisements

We have nail down to $366K(2900 Sq ft) home in Carmel and $306K(3300Sqft) home in Fishers. Here are the details and can any one suggest which is the best.

Carmel:
SQFt: 2900
Floor plan : good
Community and area: very good(on town rd)
Price: $366K
No Brick wrap, No Lake view but 11000 sqft lot.

Fishers:
Sq Ft: 3300
Floor plan : Excellent

Community and area: good(on 126th)
Price: $306
Brick wrap, Lake view but 9500 sq ft lot


With 2 years old kid, with priorities in order: schools, price, resale, lifestyle(in long run). I can see around 65k difference and trying to toss between two. Will there be difference in schools, price, resale, lifestyle and is it a worth to spend 65K more to live in Carmel.

Any suggestion please.

Best reasoning post is invited to my house warming party...: )
Reply With Quote Quick reply to this message

 
Old 03-21-2008, 04:37 PM
 
Location: Turn Left at Greenland
17,763 posts, read 39,578,376 times
Reputation: 8243
Without seeing pictures and where the houses are within town .. it's hard to say. Towne Road and 126th street can get kind of congested depending ... dm me the mls's and I'll have a looksy.
Reply With Quote Quick reply to this message
 
Old 03-22-2008, 09:14 AM
 
Location: Fountain Valley, CA
131 posts, read 531,763 times
Reputation: 62
It is hard to say. We just bought off of 121st in Fishers. We looked at Carmel and we just could not justify the extra money for less of a home.

We are new to Indiana too so our reasons were based on Schools, resale and driving around and finding an area we liked.

Both Carmel and Fishes have excellent schools. The resale may vary, but who knows. Fishers had younger families like us - 2 young kids.

We went off the neighborhood being well taken care of (Resale), the school our 7 year old well be going to (Best in HSE), and then of course features and price. Remember...location...location...location
Reply With Quote Quick reply to this message
 
Old 03-22-2008, 12:40 PM
 
Location: The Fruited Plain
172 posts, read 509,553 times
Reputation: 58
$366K - 2900 - 11K - No Lake view - No Brick - Carmel
$306K - 3300 - 9.5K- Lake View - Brick - Fishers

At first blush, I'd say, if the Carmel house is vinyl - PASS

Brick +
Lake View +
Price +
Bigger home +
Yard size is insignificent at this time in your life - just more work for YOU - but, you can still get your thumb green!

All things being equal, it looks like the Fishers home might be a better bang for the buck.
But you need to consider RESALE.
Which would be the more desirable home in 5-7 years?
Which has the best curb appeal?
Which interior space(floorplan) is the most attractive - most kid friendly?

With the above 'pluses' for the Fishers home, the Carmel home would need to really 'shine' to sway the vote.

Good luck!
Reply With Quote Quick reply to this message
 
Old 03-23-2008, 08:07 PM
 
24 posts, read 146,624 times
Reputation: 34
We are in Fishers and it is great, except we drive to the West side daily so that is a drag. Otherwise, we like the shopping (Supertarget on 116th) and convenience to the 465 on 69 when not backed up. Hard to justify financing an additional 65K which would turn into 100K or more over 30 years mortgage, and I don't think the resale would be different unless you are competing with your builder prior to the development completion date, which is hard.
Reply With Quote Quick reply to this message
 
Old 03-24-2008, 09:25 AM
 
90 posts, read 601,751 times
Reputation: 53
Default Meado brooks vs Somerset

What do you think of Meadow brooks estates(Pulte) on 116th st Vs Somerset woods(Drees) on 126th street(fishers). if any one aware of these communities, please suggest me one.

126th is a narrow road for now but getting more floor space than Meadow brooks home on 116th st which is like kings road.

Which one is the best?
Reply With Quote Quick reply to this message
 
Old 03-24-2008, 10:14 AM
 
2,156 posts, read 11,119,474 times
Reputation: 800
I am surprised those prices are up that high. Maybe the Great Real Estate Crash of 2005 through 2008 has not yet reached those houses.
Reply With Quote Quick reply to this message
 
Old 03-24-2008, 10:33 AM
 
Location: The Fruited Plain
172 posts, read 509,553 times
Reputation: 58
Quote:
Originally Posted by Southside Shrek View Post
...the Great Real Estate Crash of 2005 through 2008...
????????????
Reply With Quote Quick reply to this message
 
Old 03-25-2008, 09:59 AM
 
90 posts, read 601,751 times
Reputation: 53
Default What do you vote for..... Help please.

Quote:
Originally Posted by TraderJack View Post
$366K - 2900 - 11K - No Lake view - No Brick - Carmel
$306K - 3300 - 9.5K- Lake View - Brick - Fishers
Original message Corrected as

$366K - 2900 - 11K - No Lake view - sides and rear No Brick - complt Front Brick - Town Rd, Lake side park, Carmel
$306K - 3300 - 9.5K- Lake View - 1 story Brick wrap - complt Front Brick- 126th Somerset, Fishers

What do you vote for..... Help please.
Reply With Quote Quick reply to this message
 
Old 03-25-2008, 02:05 PM
 
2,156 posts, read 11,119,474 times
Reputation: 800
Just a note: I have been observing some pretty amazing downturns in home prices. For example, I drove along Fall Creek to the north of 96th the other day and saw a nice looking house on the Geist with a real lake view for 273K---For Sale by Owner.

Gasoline prices continue to rise while homes prices drop. Go figure!
Reply With Quote Quick reply to this message
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top