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No, you people don't get it. That house is on a large lot. You could knock it down, build a much bigger house for a 1 million and have a 4-5 million dollar ho

No, you people don't get it. That house is on a large lot. You could knock it down, build a much bigger house for a 1 million and have a 4-5 million dollar house for 3.5 million. it's a good deal.

BoorishBears 9y ago
I do get that, 2.5M for that plot is still a large amount of money. The point is that even a 3.5M for the new house will be a lot, but by virtue of it's location and salaries at Apple it's justifiable
- dsp1234 9y ago
  Here is a snapshot of sales of lots that are 10.000 to 20.000 sqft sold in the last 3 months: https://www.redfin.com/city/19457/CA/Sunnyvale/filter/min-lot-size=0.25-acre,max-lot-size=0.5-acre,include=sold-3mo https://www.redfin.com/city/19457/CA/Sunnyvale/filter/min-lo... 2,5M, with respect to the existing market, doesn't appear to be out of the norm.
  - BoorishBears 9y ago
    It's not a lot relative to Sunnyvale it's a lot relative to the US The idea being Sunnyvale can justify that with salaries and the employers in the area
    - deleted 9y ago
      [deleted]
- sjg007 9y ago
  This is why everyone wants Amazon HQ2.