3 ms·

No offense, but if there's a 100k lot, it's because noone wants to live there.

by turtlebits 5y ago

deleted 5y ago
[deleted]
atwebb 5y ago
No offense, a statement like that (and the OP) without factoring in location means nothing. There are definitely 100k lots in places people want to live, some of them are pretty big. While everyone may not want to live there, there will be plenty of buyers.
- gravypod 5y ago
  Exactly this. A 100k lot in PA is a vastly different thing than a 100k lot in NYC.
  - atwebb 5y ago
    Every housing thread seems to be people wanting to discuss their locality first, anecdotes second, and then a diceroll for the rest.
pengaru 5y ago
The Essential Craftsman spec house recently sold for $610k. According to the public history the undeveloped lot looks to have cost 40k in 2017. Does this qualify as a place nobody wants to live? Last I checked the PNW was a nice place. https://www.trulia.com/p/or/roseburg/3044-nw-daysha-dr-roseburg-or-97471--1114632855 https://www.trulia.com/p/or/roseburg/3044-nw-daysha-dr-roseb...
- turtlebits 5y ago
  I was referring to undeveloped lots as per the comment I was replying to. At that price, it would have already been developed. Most cheap undeveloped land that is for sale has some issue with it (unbuildable, access, wetlands, flooding, one or more utilities unavailable, nuisances - noise, terrain, etc). FYI- the linked property has the land assessed at 133k. It's not purchasable as a 100k lot if there is a house on it. Edit - doing more research the "Essential Craftsman" house is on Farm/Forest zoned land. It may have been recently rezoned to build residential on.
  - hoseja 5y ago
    Two economists are walking down the street and one of them notices what appears to be a $20 bill on the sidewalk. “It’s not a real $20 bill,” the other economist declares. “If it were a real $20 bill, someone would have picked it up off the sidewalk already.”

3 ms·

No offense, but if there's a 100k lot, it's because noone wants to live there.

by turtlebits 5y ago

No offense, but if there's a 100k lot, it's because noone wants to live there.

deleted 5y ago
[deleted]
atwebb 5y ago
No offense, a statement like that (and the OP) without factoring in location means nothing. There are definitely 100k lots in places people want to live, some of them are pretty big. While everyone may not want to live there, there will be plenty of buyers.
- gravypod 5y ago
  Exactly this. A 100k lot in PA is a vastly different thing than a 100k lot in NYC.
  - atwebb 5y ago
    Every housing thread seems to be people wanting to discuss their locality first, anecdotes second, and then a diceroll for the rest.
pengaru 5y ago
The Essential Craftsman spec house recently sold for $610k. According to the public history the undeveloped lot looks to have cost 40k in 2017. Does this qualify as a place nobody wants to live? Last I checked the PNW was a nice place. https://www.trulia.com/p/or/roseburg/3044-nw-daysha-dr-roseburg-or-97471--1114632855 https://www.trulia.com/p/or/roseburg/3044-nw-daysha-dr-roseb...
- turtlebits 5y ago
  I was referring to undeveloped lots as per the comment I was replying to. At that price, it would have already been developed. Most cheap undeveloped land that is for sale has some issue with it (unbuildable, access, wetlands, flooding, one or more utilities unavailable, nuisances - noise, terrain, etc). FYI- the linked property has the land assessed at 133k. It's not purchasable as a 100k lot if there is a house on it. Edit - doing more research the "Essential Craftsman" house is on Farm/Forest zoned land. It may have been recently rezoned to build residential on.
  - hoseja 5y ago
    Two economists are walking down the street and one of them notices what appears to be a $20 bill on the sidewalk. “It’s not a real $20 bill,” the other economist declares. “If it were a real $20 bill, someone would have picked it up off the sidewalk already.”