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0 pointsvasilipupkin8y ago0 comments

No, you people don't get it. That house is on a large lot. You could knock it down, build a much bigger house for a 1 million and have a 4-5 million dollar house for 3.5 million. it's a good deal.

0 comments

BoorishBears8y ago

I do get that, 2.5M for that plot is still a large amount of money.

The point is that even a 3.5M for the new house will be a lot, but by virtue of it's location and salaries at Apple it's justifiable

dsp12348y ago

Here is a snapshot of sales of lots that are 10.000 to 20.000 sqft sold in the last 3 months:

https://www.redfin.com/city/19457/CA/Sunnyvale/filter/min-lo...

2,5M, with respect to the existing market, doesn't appear to be out of the norm.

BoorishBears8y ago

It's not a lot relative to Sunnyvale it's a lot relative to the US

The idea being Sunnyvale can justify that with salaries and the employers in the area

1 more reply

sjg0078y ago

This is why everyone wants Amazon HQ2.

j / k navigate · click thread line to collapse

0 comments

BoorishBears8y ago

I do get that, 2.5M for that plot is still a large amount of money.

The point is that even a 3.5M for the new house will be a lot, but by virtue of it's location and salaries at Apple it's justifiable

dsp12348y ago

Here is a snapshot of sales of lots that are 10.000 to 20.000 sqft sold in the last 3 months:

https://www.redfin.com/city/19457/CA/Sunnyvale/filter/min-lo...

2,5M, with respect to the existing market, doesn't appear to be out of the norm.

BoorishBears8y ago

It's not a lot relative to Sunnyvale it's a lot relative to the US

The idea being Sunnyvale can justify that with salaries and the employers in the area

1 more reply

sjg0078y ago

This is why everyone wants Amazon HQ2.

j / k navigate · click thread line to collapse