The Pros And Cons Of Where You Live

[Sport]

Last 3 houses within 3 blocks of me went for between $600-650k, all within the year. Another few blocks away I know one that went for under $600k. All of them needing only basic work (painting, carpeting, etc.) at most.

Whichb area ?  All the houses I've seen for sale this year (starting spring time) have been 700+.

[skyguy918]

Whichb area ?  All the houses I've seen for sale this year (starting spring time) have been 700+.

Northeast of Main and Jewel. These houses were all sold in spring or early summer, which likely means they were on the market prior to that. But then again, I'm sure some of them were initially asking more, but sold for the range I mentioned.

All I can say is it's too bad I'm not looking to move. For the price we'd likely get right now, it would probably be 20+% profit in 2 years, accounting for all costs of both transactions.

[jungarmtl]

Anyone interested in to know something about Montreal?

[grodnoking]

Northeast of Main and Jewel. These houses were all sold in spring or early summer, which likely means they were on the market prior to that. But then again, I'm sure some of them were initially asking more, but sold for the range I mentioned.

All I can say is it's too bad I'm not looking to move. For the price we'd likely get right now, it would probably be 20+% profit in 2 years, accounting for all costs of both transactions.

From What I've seen here 90% of houses dont actually get sold for the original asking price

[elit]

Northeast of Main and Jewel. These houses were all sold in spring or early summer, which likely means they were on the market prior to that. But then again, I'm sure some of them were initially asking more, but sold for the range I mentioned.

All I can say is it's too bad I'm not looking to move. For the price we'd likely get right now, it would probably be 20+% profit in 2 years, accounting for all costs of both transactions.

Little out of it there but def not the prices I've been hearing.  And not so sure your right about making money at some point it will stop going up this isn't Brooklyn.  In general very few Ashkenazi families buying in kgh any more.
BTW I moved out of kgh to a brand new community starting in long island which has free bussing to both queens and 5 towns. If anyone's interested feel free to pm or all for more info

[whacked1]

Little out of it there but def not the prices I've been hearing.  And not so sure your right about making money at some point it will stop going up this isn't Brooklyn.  In general very few Ashkenazi families buying in kgh any more.
BTW I moved out of kgh to a brand new community starting in long island which has free bussing to both queens and 5 towns. If anyone's interested feel free to pm or all for more info

What type of families are moving there? (Both level of frumness and age wise)

[elit]

What type of families are moving there? (Both level of frumness and age wise)

Centrist/ black hat. Young families with kids in pre school and or young elementary

[elit]

What type of families are moving there? (Both level of frumness and age wise)

And a couple of ddf'ers 

[skyguy918]

Little out of it there ...

Not in the least bit. All the houses I'm talking about are between main and 147th. Most of them are on 69th (Rd and Ave - the first 2 blocks past Jewel), except the cheapest one, which was on Melbourne. Very much in close walking distance to a wide range of shuls, schools/daycares, and stores. I'm not saying it's KGH central, but it's definitely not out of it.

...In general very few Ashkenazi families buying in kgh any more....

Maybe that you know of. I'm not gonna pretend it's a booming community with young couples buying left and right. But by the same token, don't make it sound like it's an aging/dying community, because it's certainly not.

[elit]

Not in the least bit. All the houses I'm talking about are between main and 147th. Most of them are on 69th (Rd and Ave - the first 2 blocks past Jewel), except the cheapest one, which was on Melbourne. Very much in close walking distance to a wide range of shuls, schools/daycares, and stores. I'm not saying it's KGH central, but it's definitely not out of it.Maybe that you know of. I'm not gonna pretend it's a booming community with young couples buying left and right. But by the same token, don't make it sound like it's an aging/dying community, because it's certainly not.

Sorry I thought you meant other side of main. now you making me curious who you are. ...
Not saying its dying but mostly a transient community of young renting families.  To expensive and you get to little for your money for most families

[skyguy918]

Sorry I thought you meant other side of main. now you making me curious who you are. ...
Not saying its dying but mostly a transient community of young renting families.  To expensive and you get to little for your money for most families

It's always been relatively transient. That's just the nature of the rent vs own housing market split of the neighborhood. I'm not gonna pretend it's for everyone - it has it's pros and cons just like any other place. Each person should weight those pros and cons as they relate to that person. Personally I'm very happy here so far.

[Ergel]

Little out of it there but def not the prices I've been hearing.  And not so sure your right about making money at some point it will stop going up this isn't Brooklyn.  In general very few Ashkenazi families buying in kgh any more.
BTW I moved out of kgh to a brand new community starting in long island which has free bussing to both queens and 5 towns. If anyone's interested feel free to pm or all for more info

North woodmere?

[grodnoking]

North woodmere?

Wouldn't that be in the 5T?

[moko]

Wouldn't that be in the 5T?

Technically, New Hyde Park

[elit]

North woodmere?

Nope.  totally new community

[elit]

Technically, New Hyde Park

?

[whacked1]

Nope.  totally new community

i sent a pm

[elit]

i sent a pm

Responded

[yr]

Little out of it there but def not the prices I've been hearing.  And not so sure your right about making money at some point it will stop going up this isn't Brooklyn.  In general very few Ashkenazi families buying in kgh any more.
BTW I moved out of kgh to a brand new community starting in long island which has free bussing to both queens and 5 towns. If anyone's interested feel free to pm or all for more info

How's the commute to Manhattan?

[grodnoking]

How's the commute to Manhattan?

In other words... she's the lirr run past it