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> I just looked at new home price in Austin though and it’s $2m for 4k square foot house. That seems like a bad idea The old saying "don't buy the biggest hou
by danans 3y ago
> I just looked at new home price in Austin though and it’s $2m for 4k square foot house. That seems like a bad idea
The old saying "don't buy the biggest house in the street" still rings true.
Austin's median home size is 1800-2000 sqft.
Unless you are looking to house a lot of people (i.e. a big extended family) a 4k sqft house is usually a bad idea from an investment perspective because, should you ever want to sell, the pool of potential buyers interested in a house that large is smaller.
That's true whether in Austin or Houston.