Real estate General topic

/ Real estate General topic #531  
Prairie Schooner???
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/ Real estate General topic
  • Thread Starter
#534  
Was just looking briefly at the plans for a new subdivision, basic lots are 50x100; deluxe lots are 55x??? maybe 120?. Not for me... but, I will say, I get to some degree why people do want them. Zero maintenance, battery mower, and they are inside or at work.
 
/ Real estate General topic #535  
Was just looking briefly at the plans for a new subdivision, basic lots are 50x100; deluxe lots are 55x??? maybe 120?. Not for me... but, I will say, I get to some degree why people do want them. Zero maintenance, battery mower, and they are inside or at work.
Next town we have new 2.5 million dollar houses that barely have land to walk around them
We even have some huge 20000+ sq foot houses built right next to each other.
I guess for those that want to go big but not have any land to maintain??

Very happy in my current small house with land that takes work.

My first house was on 50x100, built in 1938, perfect for the single young guy who wants to go out after work instead of doing work on the property. My first mower was a plug in !
Traveled for weeks at a time for work, no worries on maintenance.
 
/ Real estate General topic #536  
I think this is the trend today. Our neighborhood is larger homes on larger lots, and each time one goes up for sale, I hear younger potential buyers say things like, “nice house, but I don’t want to care for all that land.” Most seem to want 6k ft2 houses on 0.25 acre (11k ft2) lots.
 
/ Real estate General topic #537  
I think this is the trend today. Our neighborhood is larger homes on larger lots, and each time one goes up for sale, I hear younger potential buyers say things like, “nice house, but I don’t want to care for all that land.” Most seem to want 6k ft2 houses on 0.25 acre (11k ft2) lots.
I occasionally take a day or two off for a longer weekend, or like last weekend there's a holiday; at my weekly one-on-one meet with my boss he asks if I went anywhere and I'm almost always just "nope, stayed at home, it's paradise".... paradise being tending to grapes trees and garden, cutting wood, clearing brush... and he just shakes his head. You're either into it, or you're not.
 
/ Real estate General topic #538  
Just think of where property tax bills are going with the spike in sales most places.

I just called a Washington Broker I know asking if he could get me assessor value for my place.

I held out for 20 years keeping the dream alive but the last renter cost me dearly... easily over 50k in large part to WA pro renter statutes... 6 months to get him out and told I am lucky...

I think it was his plan all along.

Im not seeing how 25k property tax is sustainable and that's now calculated from the big assessed value spike.

I had been renting just to cover out of pocket prop tax, insurance and 10% management fee... with the plan to make it home...

In 20 years not quite quadrupling of prop tax for a 1977 original home with shop on 16 acres.
 
/ Real estate General topic #539  
How is a tenant who does that able to find another landlord willing to rent to him after he does that?
 
/ Real estate General topic #540  
How is a tenant who does that able to find another landlord willing to rent to him after he does that?
It’s a new world out there especially post pandemic. Not a good time to be a housing provider…

Criminal history may not be a determining factor now.


As far as I know eviction still count but most jurisdictions provide free legal to renters…

Lots of new laws depending on where located such as no eviction during the school year for students/teachers… if you raise rent more than 5% and renter says cannot afford landlord may be obligated to provide tenant relocation money…

 
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