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Why does a big home 20 mi from downtown Austin cost as much as one 20 mi from..

Posted on 2/27/16 at 9:34 pm
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 2/27/16 at 9:34 pm
Manhatten?

I was looking for a 2500sqft home with a decent sized yard with decent schools within 20 miles of downtown Austin and its looking like you need at least $400k.

My cousin just bought a home 20 miles from Manhattan that is 2700sq ft, huge yard, nice schools (5% black), access to public transportation, unfinished basement that doesn't count towards square footage, and so on for under $400k.

He makes a lot more in the area than he would if he worked down here so that offsets the taxes and higher COL.

What gives? NYC amenities are amazing compared to Austin, even though Austin is a nice city imo. Is Austin real estate a bubble?
This post was edited on 2/27/16 at 9:35 pm
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120217 posts
Posted on 2/27/16 at 9:35 pm to
quote:

What gives? Is Austin real estate a bubble?


Absolutely.
Posted by Brosef Stalin
Member since Dec 2011
39176 posts
Posted on 2/27/16 at 9:37 pm to
All those California people moving to Austin are driving up the prices
Posted by bradwieser
Cornell Fan
Member since May 2008
10555 posts
Posted on 2/27/16 at 9:37 pm to
quote:

nice schools (5% black)


Posted by Lago Tiger
Lago Vista Tx
Member since Jan 2011
1069 posts
Posted on 2/27/16 at 9:37 pm to
Everything has always been inflated around Austin .
Posted by Parallax
Member since Feb 2016
1449 posts
Posted on 2/27/16 at 9:38 pm to
Austin is one of the most sought after places to live in the US.
Posted by Tingle
1173 Tallow Tree Lane
Member since Sep 2013
4558 posts
Posted on 2/27/16 at 9:39 pm to
Check Pfugerville or Round Rock.


ETA: Pville and RR won't have sub-5% black schools but they're still decent suburbs within 20 mi of Austin.
This post was edited on 2/27/16 at 9:52 pm
Posted by Bigpoppat
Drinking a Manhattan
Member since Oct 2008
9212 posts
Posted on 2/27/16 at 9:39 pm to
quote:

nice schools (5% black


Dude
Posted by Uncle Stu
#AlbinoLivesMatter
Member since Aug 2004
33659 posts
Posted on 2/27/16 at 9:40 pm to
you looking up 183 towards Cedar Park, or down towards Kyle/Buda?
Posted by GM
Baker
Member since May 2011
1060 posts
Posted on 2/27/16 at 9:41 pm to
quote:

nice schools (5% black)


At least you know.
Posted by Pistol...2K4
25 foot assassin
Member since Jun 2004
6918 posts
Posted on 2/27/16 at 9:42 pm to
quote:

All those California people moving to Austin are driving up the prices


This...because it is one of the most desirable places to live. We looked at buying there with 250K to spend and you can't get much there for that.
Posted by ruzil
Baton Rouge
Member since Feb 2012
16879 posts
Posted on 2/27/16 at 9:44 pm to
HaHaHa, you poor!

quote:

nice schools (5% black


And racist.
This post was edited on 2/27/16 at 9:46 pm
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 2/27/16 at 9:45 pm to
quote:

nice schools (5% black)


Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58315 posts
Posted on 2/27/16 at 9:46 pm to
quote:

(5% black)



Wow
Posted by CunningLinguist
Dallas, TX
Member since Mar 2006
18762 posts
Posted on 2/27/16 at 9:46 pm to
Where 20 miles from Manhattan are you talking about? I want to say you are making shite up
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 2/27/16 at 9:47 pm to
quote:

I want to say you are making shite up



People believe what they want to believe. Move on and don't bother with the thread?
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
29180 posts
Posted on 2/27/16 at 9:49 pm to
Definitely making things up.
Posted by WalkingTurtles
Alexandria
Member since Jan 2013
5913 posts
Posted on 2/27/16 at 9:49 pm to
quote:

(5% black)


Well someone has to play on the basketball team duh!!!!
Posted by AZTarheeel
Member since Feb 2015
3702 posts
Posted on 2/27/16 at 9:50 pm to
quote:

nice schools (5% black)


Really?

Sorry your uncle got his arse beat in LA today.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 2/27/16 at 9:52 pm to
quote:

nice schools (5% black)


how does one find this shite??? asking for a friend.
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