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TOPIC: Re:home appreciation rate for daybreak
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cindrelly (User)
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Re:home appreciation rate for daybreak 15 Years, 12 Months ago Karma: 0  
Only from my own personal observation of the market last year comparing "older" homes in Founder's Village (and new ones in Eastlake) it seems that lot size is a HUGE factor in determining house price, and resale value, in Daybreak. Homes with comparable square footage were priced considerably lower with smaller lots--especially those with 0.07 acres in the Parkside Homes. And the super small lots didn't seem to be selling very well--sitting for sale for months in a still-hot market. Maybe the concept of "shared yard" wasn't catching on very well to resale buyers. But with this new market where cheaper homes are selling better than more expensive ones, maybe things have changed.

Since all the homes in our price range in Founder's Village seemed to be trashed rentals with goofy floor-plans, poorly finished basements, and unfinished yards--we opted for the biggest lot size we could afford in Eastlake (and a 2.5 garage with additional parking pad, incidentally). I don't think the front-entry garage makes much of a difference with resale. If people are looking in Daybreak, they're buying into the whole concept of porches out front, garages in back.
 
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home appreciation rate for daybreak
ana1 2008/05/20 15:50
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scoop 2008/05/20 16:19
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willbyham 2008/05/20 17:11
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ana1 2008/05/20 17:23
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willbyham 2008/05/20 19:12
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LCast 2008/05/22 22:49
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scoop 2008/05/22 23:28
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cindrelly 2008/05/28 05:29
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LCast 2008/05/23 21:45
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