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re: House Buying Anxiety

Posted on 7/27/09 at 2:56 pm to
Posted by TigerinATL
Member since Feb 2005
61683 posts
Posted on 7/27/09 at 2:56 pm to
$344k for 1586 sq ft built in 1953? I don't know too much about Houston real estate, but unless you got it way below list price or you work nearby I'd say you probably could have gotten a much better deal in the Houston area.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26591 posts
Posted on 7/27/09 at 2:58 pm to
quote:

$344k for 1586 sq ft


That's well over 200 a square foot
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41300 posts
Posted on 7/27/09 at 3:06 pm to
quote:

built in 1953


make sure whoever does your inspection is good
Posted by Zach
Gizmonic Institute
Member since May 2005
112799 posts
Posted on 7/27/09 at 3:49 pm to
quote:

but unless you got it way below list price or you work nearby I'd say you probably could have gotten a much better deal in the Houston area.

+1
That price sounds really high.
Posted by TX Tiger
at home
Member since Jan 2004
35706 posts
Posted on 7/30/09 at 1:35 pm to
quote:

$344k for 1586 sq ft built in 1953? I don't know too much about Houston real estate, but unless you got it way below list price or you work nearby I'd say you probably could have gotten a much better deal in the Houston area.

You are right. It's the land value that makes the big difference. You could get the same house in the burbs for around $100k. Of course, then you'd have to spend 3 hours a day playing bumper cars on the freeways.
Houston is so spread out that land inside the loop close to downtown is at a premium.
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