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re: Home values affected by DLSD

Posted on 10/3/19 at 10:15 am to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 10/3/19 at 10:15 am to
I think its very reasonable, depending on the state, that if you are in one of these homes and you go to sell in 5 years or so, you wont lose your arse.

You might not make anything at all, but for the most part, in Texas, I view these neighborhoods as more of the "starter" family unit.

I dont have a DLSD or Horton home and the neighborhood we are in now just let Horton in. I am super pissed about it. They rezoned one of the planned phases as well and apartments are going up down the street.

I had planned to sell this house in a few years, but now I think we will just turn it into a rental.
Posted by lsu13lsu
Member since Jan 2008
11470 posts
Posted on 10/3/19 at 10:32 am to
I think it has to do with timing. If you try and sell your Tract Home when a new Tract Home subdivision is coming up nearby or try and sell before they finish in your subdivision you are gonna lose value. You will have too much competition for brand new, with warranty and custom options. You cannot compete with that.
This post was edited on 10/3/19 at 10:33 am
Posted by lsujro
north of the wall
Member since Jul 2007
3917 posts
Posted on 10/3/19 at 11:19 am to
quote:

I think it has to do with timing. If you try and sell your Tract Home when a new Tract Home subdivision is coming up nearby or try and sell before they finish in your subdivision you are gonna lose value. You will have too much competition for brand new, with warranty and custom options. You cannot compete with that.



this. a slow trickle of new builds is about worst case scenario for trying to sell one of these types of homes.
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 10/6/19 at 3:10 am to
quote:

dude you should be renting and investing elsewhere. do not listen to homebuyers. they are completely clueless fr


When you make a blanket statement of home ownership based on one example from a guy on the Northshore of all places, you should certainly be taken very seriously.

I guarantee you I have more equity from home ownership alone than your entire portfolio, and I did it using a fraction of my money/overall costs, & used the banks cheap money for the rest. But I understand my scenario is not typical as well.



This post was edited on 10/6/19 at 9:09 am
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7215 posts
Posted on 10/6/19 at 7:19 am to
All new constructions have a 5 year warranty in Louisiana, not just dsld.
Posted by rf23
Member since Nov 2021
3 posts
Posted on 11/10/21 at 6:46 am to
They use the same materials from the same suppliers has all other builders.
Posted by slackster
Houston
Member since Mar 2009
84584 posts
Posted on 11/10/21 at 7:34 am to
I’ll never understand these out of left field bumps.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/10/21 at 8:04 am to
DSLD PM right there
Posted by EDDIE61112
Baton Rouge, l
Member since Apr 2021
85 posts
Posted on 11/10/21 at 10:59 am to
quote:

They use the cheapest materials possible


This is absolutely false. They use the same material as every other builder in town.
Posted by dragginass
Member since Jan 2013
2732 posts
Posted on 11/10/21 at 7:14 pm to
quote:

They use the same materials from the same suppliers has all other builders.


Not even close. I watched them use fiber/paper board sheathing on a 300k home. No respected builder would use that crap.
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 11/11/21 at 6:29 am to
quote:

This is absolutely false. They use the same material as every other builder in town.


Then move to a different town, all the houses being built where you live are hot garbage.
Posted by ItNeverRains
37069
Member since Oct 2007
25363 posts
Posted on 11/11/21 at 6:30 am to
quote:

Not even close. I watched them use fiber/paper board sheathing on a 300k home. No respected builder would use that crap.



We used ZipSystem Sheathing the last 5 years and have yet to have an issue.
Posted by dragginass
Member since Jan 2013
2732 posts
Posted on 11/11/21 at 7:07 am to
Zip system is a great product, that's not what I saw in use.
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