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i think you can buy an equivalent prefab home these days for about $125k. A bit of inflation over $84k, but not approachable. But the appreciation formula for
by whydoineedthis 3y ago
i think you can buy an equivalent prefab home these days for about $125k. A bit of inflation over $84k, but not approachable. But the appreciation formula for such types of houses hasn't changed - still lower than traditional stick or stone.
- homero 3y agoLand is a much bigger issue these days. The actual houses are still cheap. When buying a house you're mostly paying for the plot which no one realizes
- celdon25 3y ago> which no one realizes Ah, yes, the popular urban myth that houses in cities are made of gold and platinum (or similarly expensive materials) while the houses built on the periphery are doomed by planned obsolescence. Thank you for telling us that isn't the case.
- silisili 3y agoThere's a heckuva lot more than that. In the vast majority of cities, the land isn't worth a fraction of everything else involved. You can't just pay your 10k(or even 100k) for a plot, 125k for a prefab, then call it a day. If you could, house values would absolutely plummet. You've got the permits, the foundation, driveway, utilities, and the whole issue of paying someone to put the parts together, to name a few.
- bombcar 3y agoYou just need to look around more, lots with electrical and water/sewer already run to them can be as low as $10-20k. But not in San Francisco.
- asynchronous 3y agoGonna need some citations for that chief, so that way I can immediately start building a house I can afford.
- bombcar 3y agoHere’s one that’s not quite a Lego kit: H007D-0060 - Ashmont 1 - Story Home Material List at Menards - https://www.menards.com/main/p-1449804742035.htm https://www.menards.com/main/p-1449804742035.htm But hey, rebate!