I’ve got to show this to someone – its crazy. You guys are real estate guys so you might find this interesting.
I am toying with the idea of upgrading a little. I am happy where I am and just the thought of packing up all my stuff moving saps me of all my energy. But the wife keeps complaining about our current digs and my miserly ways and it is getting pretty annoying.
So I have been playing around with Zillow, setting it to my price range and flying over the country and swooping down when I see a cluster of red dots and taking a look.
Man! What a difference there is in what a dollar will buy in different parts of the country. I live in Fresno, CA – Gateway To Bakersfield. Take a look at what $950,000 in Fresno (not the coast mind you, just ol’ Fresno.) Pay special attention to the fine finished carpentry we enjoy out here.
Now let’s take a look see at what you can get for just $20k less in Louisville.
Can you detect a difference?
Let’s try that again:
My Old Kentucky Home – at $125/sq ft you just know it’s gotta be a dump.
I am being called to dinner. I wanted to tie this in to MHP investing. Maybe I will later.