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bucolic_frolic

(50,716 posts)
2. With trees, shade and a view, high plateau
Tue Jun 3, 2025, 11:01 AM
Tuesday

because of location location location scarcity affluent area $1,250,000.00? The taxes would be lower than most other homes in the area.

bucolic_frolic

(50,716 posts)
5. Yes, I see. I overlooked the expansive parking lot and didn't know it was renovated
Tue Jun 3, 2025, 11:06 AM
Tuesday

You could house 4-6 tech engineers there!

Bernardo de La Paz

(56,248 posts)
4. The high cost of houses these days is mostly the land. Key here is the lot size.Could put a big two story house in back
Tue Jun 3, 2025, 11:02 AM
Tuesday

I have not looked at price.

Auggie

(32,332 posts)
6. The city might like to see two or three town homes ... anything to address the state housing mandate
Tue Jun 3, 2025, 11:08 AM
Tuesday

beaglelover

(4,281 posts)
7. Price makes sense to me. CA real estate costs are all about the land and that's a HUGE lot in a very desireable
Tue Jun 3, 2025, 11:18 AM
Tuesday

location.

Auggie

(32,332 posts)
9. I agree, though I think it will sell for even more
Tue Jun 3, 2025, 11:38 AM
Tuesday

There is SO MUCH friggin' money floating around that the asking price amounts to pocket change.

BobTheSubgenius

(12,014 posts)
10. There is very little in the housing markets that surprises me anymore.
Tue Jun 3, 2025, 12:16 PM
Tuesday

A few years ago, there was a decent-size lot with a teardown still standing on it in the Point Grey area of Vancouver. It had spectacular views, of course. It had to have SOMETHING that justified the asking price of $22.000,000. Concurrently, there were 9 jaw-dropping chateaux in France for the same price, more or less.

Around that same time, there was a penthouse for sale in downtown Vancouver that had ongoing expenses - strata fee and property taxes - that came to $10,000 a month. Asking price - $26,000,000

Juneboarder

(1,747 posts)
11. Location! Location!! Location!!!
Thu Jun 5, 2025, 12:58 PM
Thursday

That paired with the lot size, this makes sense for the area. Love it or hate it, but it is the reality here in CA.

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