They Don't Look Too Bad To Me
Just for the heck of it, I visited several of the new construction models they've been advertising in The Daily Sun. I found the exact same model that we bought two years ago in Hadley with a sales price within $200 of what we paid. I thought that one would give me a good idea of what's happening to prices in TV.
How'd they compare? In my opinion we have a heckuva a lot more house in a better location than the models we looked at. Obviously, a Lantana is a Lantana is a Lantana. But when comparing the features and lot you get for today's price compared to two years ago, there's no doubt in my mind that I'd stay where we are.
Bottom line? Unlike other parts of the country where the prices of houses are plummeting, it looks to me like prices here have remained the same or maybe even ticked up a bit. Based on the "comp" of the models I looked at, I'm convinced that our house, as it sits now, would command a price of as much as 10% more than our total investment (original cost plus all the stuff we've added--landscaping, birdcage additions, cabinets, painting, pavers on the driveway, etc.). We closed on our house in Mallory Square two years ago today!
And it's pretty obvious that "the bottom" has been reached here in TV. It's going to be all "up" from here on out.
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Politicians are like diapers--they should be changed frequently, and for the same reason.
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