Buildouts? Emminent bankruptcy? Draconian review board? Hidden gem?




So CK, you're WhosieWhatsit! I've always liked your work.
Edited

I really like that property. Give it enough time, and it will be very nice, I think. It, like many other developments, hit just before the peak of the market, and the money dried up, so builders couldn't afford to build. I don't know for sure, but it seemed to me that every lot which came on the market, sold within a few days. I'm not sure if the developer is still holding lots.I think the developer had/has only a handful of lots left. When I was looking at the neighborhood it appeared that nearly every lot had sold at inception a few years ago. $115,000 range was the initial pricing I believe for interior lots, peaked around $415,000 for an equivalent lot with flipping. The first house built in there is a higher grade build/finish (and price) than what is now being put in (I think) in an effort to stimulate demand.
I really like that property. Give it enough time, and it will be very nice, I think. It, like many other developments, hit just before the peak of the market, and the money dried up, so builders couldn't afford to build. I don't know for sure, but it seemed to me that every lot which came on the market, sold within a few days. I'm not sure if the developer is still holding lots.

Edited
Please wait while we verify your forum account.