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+--- Thread: scared myself tonight (/showthread.php?tid=7889)
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scared myself tonight - davemchine - 03-25-2006
I made an offer on a piece of land tonight. It is fairly large and we'd probably build a 2600sq ft house on it, so there's $260,000 minimum plus the $80k for the land, plus development plus landscaping. Holy crap!
Dave
Re: scared myself tonight - Paul F. - 03-25-2006
Those numbers are certainly enough to pucker up MY nether regions....
Congratulations... (assuming the offer is accepted, that is).
Re: scared myself tonight - Seacrest - 03-25-2006
Egads.
$340K would barely buy a driveway here in Berkeley.
I'm so depressed.
Good luck to you.
Re: scared myself tonight - davemchine - 03-25-2006
This is the goal
Re: scared myself tonight - sscutchen - 03-25-2006
That looks like more than 2600 sq ft... :-)
Re: scared myself tonight - rexrzer - 03-25-2006
Sounds like a very rational investment to me...here in Ventura County you *might* be able to get by with an investment of about $1.2-$1.4Million to accomplish the same project
We already have the big house on the large lot, and it's a beautiful thing to know it's yours.
I don't know where exactly it is that you're planning this venture, but good luck to you!
_______________
Re: scared myself tonight - ztirffritz - 03-25-2006
where is it dave?
Re: scared myself tonight - Mr. Ed - 03-25-2006
Property and home values have risen here in our little bourough in western PA. However, the prices you mention - we can't even imagine! There was a large home with one of the larger pieces of land in the community (needs some work) that sold at a repo auction some time ago. It was purchased for around $20,000. They thought they could sell it and make a quick buck. No buyer. That's typical here. The nicest places I've seen is out a little ways. I thought of buying it. It's a large beautiful brick ranch on several acres of nice land. It went for an unheard of price; $90,000!
It's a small world - but - we must be in the "twilight zone!"
Re: scared myself tonight - kap - 03-25-2006
With that price one couldn't even buy an outhouse here in southern Cal!
Darn, I need a drink and I am not even a drinker
Kap
Seacrest Wrote:
-------------------------------------------------------
> Egads.
> $340K would barely buy a driveway here in
> Berkeley.
> I'm so depressed.
>
> Good luck to you.
>
Re: scared myself tonight - spearmint - 03-25-2006
I'm betting you are lucky enough to be living in the South?