- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 1 bed 2 bath tiny homes in San Antonio for $160K
Posted on 11/29/23 at 12:22 pm to stout
Posted on 11/29/23 at 12:22 pm to stout
There is probably a demand for such housing when priced appropriately but these are waaaaayyyyyy over priced compared to the area they are in.
I would love to know what took place for the county to allow their construction. The surrounding area is mostly typical 3/2 starter row houses. If these things sell for the price they are listed at they will increase the value of homes around them...but more than likely they turn into a blighted and under priced rental community that drives down property prices around them. It is a shame though because if planned appropriately, zoned appropriately and built efficiently and priced accordingly something along the lines of these would make a big difference in some areas.
There is a similar development in Atlanta. When they initially sold those units they had a screening process that focused on why the potential buyer wanted to live in the community. They sold those for a little less than the area price for homes of similar finishes. Within a year everyone had been bought by a investment group that paid cash and turned it into a rental community. Still a nice community because rents are ridiculously high but the initial buyers sold out as soon as the money made it practical LOL.
I would love to know what took place for the county to allow their construction. The surrounding area is mostly typical 3/2 starter row houses. If these things sell for the price they are listed at they will increase the value of homes around them...but more than likely they turn into a blighted and under priced rental community that drives down property prices around them. It is a shame though because if planned appropriately, zoned appropriately and built efficiently and priced accordingly something along the lines of these would make a big difference in some areas.
There is a similar development in Atlanta. When they initially sold those units they had a screening process that focused on why the potential buyer wanted to live in the community. They sold those for a little less than the area price for homes of similar finishes. Within a year everyone had been bought by a investment group that paid cash and turned it into a rental community. Still a nice community because rents are ridiculously high but the initial buyers sold out as soon as the money made it practical LOL.
Popular
Back to top
Follow TigerDroppings for LSU Football News