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Originally Posted by Normal
So cool. The 20% + discount on the home is great way to gauge what the lots and homes are worth there. I’ve noticed a large swing in comps many places here. Hopefully many will jump in when the market gets right and we start on a rebound.
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I’m not sure I’m reading your post right. I wouldn’t call this a 20% discount. The house sold a year ago for $674K. If it’s going for 980 then they are making about a 40% profit (assuming about 30k in landscaping upgrades) in 1 year. Dang.