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re: Home values affected by DLSD
Posted on 10/2/19 at 4:59 am to TigerTatorTots
Posted on 10/2/19 at 4:59 am to TigerTatorTots
How was the resale on them? As long as I don’t lose money I don’t care.
3
Posted on 10/2/19 at 7:39 am to SulphursFinest
We call DSLD neighborhoods instant ghetto's.
If they build near me, I'm selling the next day.
If they build near me, I'm selling the next day.
Posted on 10/2/19 at 11:04 am to SulphursFinest
My last house was DSLD. Bought for $212K, sold for $250K about 4 years later.
Quality was decent. Only had a handful of minor issues after moving in. But DSLD comes out 3 or 4 times throughout the first year for follow ups. Think they called it a warranty inspection, but it was mostly just touching any up minor issues you noticed(fix rough trim cuts, re-caulking trim, adjust doors, fix weather strip peeling off front door, etc).
Wasn't a fan of the cookie cutter look of the neighborhood where every house looked almost exactly the same. Now that I'm in a custom built, I'd be a little mad if DSLD or Horton started building a neighborhood right next to mine because I wouldn't want the cookie cutter comps having negative affect on my neighborhood's value.
Quality was decent. Only had a handful of minor issues after moving in. But DSLD comes out 3 or 4 times throughout the first year for follow ups. Think they called it a warranty inspection, but it was mostly just touching any up minor issues you noticed(fix rough trim cuts, re-caulking trim, adjust doors, fix weather strip peeling off front door, etc).
Wasn't a fan of the cookie cutter look of the neighborhood where every house looked almost exactly the same. Now that I'm in a custom built, I'd be a little mad if DSLD or Horton started building a neighborhood right next to mine because I wouldn't want the cookie cutter comps having negative affect on my neighborhood's value.
Posted on 10/2/19 at 12:51 pm to SulphursFinest
quote:Sold my first for a 10% profit after 3 years (was a lower end low cost neighborhood in the middle of Mandeville so demand was high)
How was the resale on them? As long as I don’t lose money I don’t care.
Sold my second for what I paid for it after 3 years so I took a loss on realtor fees.
THe Northshore is so saturated with DSLD/Horton neighborhoods, it is really hard to sell a used home in a DSLD neighborhood when they are building brand new ones for the same price down the road.
This post was edited on 10/2/19 at 12:54 pm
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