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Reply to "Where does $500K buy you a nice house right now..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP you should be aware of that what passes for “good housing stock” in many areas pales in comparison to around here. Expect lots of tile floors, carpeting & dark granite countertops. [/quote] Pretty much. There is very little inventory completely updated, unless the house is new. [/quote] I actually would think the opposite since a lot of “good inventory” around here is based on schools and not the actual house itself[/quote] PP here. Look at the interiors of houses with nice exteriors in places like East Grand Rapids or Charleston & you’ll see what I mean. Nicer (at least in terms of visuals) big new builders like Toll Brothers & Ryan Homes also only build in certain markets and not at in others. In many areas there are basically no new builds.[/quote] I guess that’s where we differ. I don’t view toll brothers or Ryan as upscale but more builder grade suburban homes.[/quote] They’re far nicer than the average “nice” home in most places. [/quote] Not necessarily true. It varies dramatically by location. I live in a small town in flyover country and the housing stock is much better than DC and Toll Brothers and Ryan are considered the cheap mass market builders. The well renovated homes here rival the best renovated homes in DC. I think it has to do with the fact that the older houses were mostly built during a time when houses were better built (and more attractive). [/quote] Yep exactly. The cost of living, labor, materials are cheaper in some of the mentioned places. Which makes it possible to add in higher end finishes and collaboration with interior designers for a lot of the new builds [/quote]
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