Quote:
Originally Posted by tomwed
Who will spend 500k when they can get one 2 miles away for 250k? I guess if the lots are huge or come with a great view it sounds plausible. I won't put up a fuss if the value of my home doubles but something smells fishy if we are comparing similar houses on similar lots.
[i feel like my post jumped threads]
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I support your premise tomwed. I think we were all taken aback when we initially heard of the new development and home costs associated. There has to be more to the story than just doubling up on home prices.