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The question is whether the equivalent house is just a couple hundred grand cheaper, or a million cheaper? Couple million maybe for a nice new mansion?
by kshacker 5y ago
The question is whether the equivalent house is just a couple hundred grand cheaper, or a million cheaper? Couple million maybe for a nice new mansion?
- asdff 5y agoMedian home price in austin is nearly 600k and in California its 800k, so its not as dramatic as a million cheaper unless you are considering places like the hollywood hills where homes go for north of $1.4m minimum (although you can get a home elsewhere in the LA area for $750k in many parts, this is a relatively high water mark)
- throwaway0a5e 5y ago>Median home price in austin is nearly 600k and in California its 800k, Compare Austin to somewhere near Freemont or compare TX to CA. Comparing Austin to all of CA is more than a little dishonest since there's a lot of rural nowheres in CA to drag down the average price but the comparison exludes all of Texas's rural nowheres.
- kshacker 5y agoAbsolutely. I am a Californian, and when I see my family talking about the houses they bought in Texas, and yes maybe that was a decade back, and I compare them to an equivalent house in Cupertino (there are none maybe, and I am not that familiar with Fremont but I think it is the same range, just 10% lower worst case), the price difference has to be a million at least, could be more.
- asdff 5y agoThat's cupertino, look at concord for better prices.
- asdff 5y agoMedian home in LA county is 775k, lower than state median even. Concord CA, 35 minute drive from freemont, has a median of like 650k. Note I said median and not average too.