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Real Estate
Reply to "Best and worst - neighborhoods with significant infill housing construction"
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[quote=Anonymous]My mother moved into the house she grew up in in Silicon Valley after her parents died. Her neighborhood is in the #1 school district in California, so for awhile (2004-2006) a 1BR/1BA was selling for $1.2MM. It's a 1940s neighborhood -- no HOA. Family torn down a bungalor and rebuilt down the street. He was involved with a couple of tech companies until he retired at 39. Their brand new house literally (and yes, I know what literally means) touches every edge of the property line. From the street, it's a featureless box. They drive into the garage and enter the home from within. There is no front door. No one knows how big the house really is, but it's on at least 1/4 acre and rises 3 stories above ground -- they also dug a huge pit when they built it, so likely at least one floor below ground. Truly hideous. And Zillow estimates it's worth $2.9 MM. [/quote]
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