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Real Estate
Reply to "I know the market is hot, but this one is totally insane (Del Ray real estate)"
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[quote=Anonymous]I don’t live in Del Ray, but we have several friends looking to move there. Look at recent comps and keep eyes on another few houses about to close. For a 2000+ square foot SFH with four bedrooms above ground, a nice kitchen, a decent sized lot, and any amount of charm, you’re looking at 1.35-1.5 in Del Ray. It’s a great location and there’s typically very limited inventory with this set up. And while these numbers may plateau or ever drop a little for the next year or two, as inflation gets back under control and the economy picks up again and Amazoners continues to move in, those price points will almost certainly increase. Personally I think this place’s lot is too small to justify that price point, but in a few years it may be worth well above that. It looks like a very nice house.[/quote]
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