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View Full Version : somms 1.5 million home account


SOMM
04-30-2006, 04:32 PM
all trees and shrubs on premises deep root fertilized once annually. in ground irrigation system. turf is core aerated twice annually, spring and fall. Fertilizer by Lebanon Parex and Lebanon Proscape.

SOMM
04-30-2006, 04:39 PM
first aeration and irrigation start up for '06 is next week.

SOMM
04-30-2006, 04:43 PM
front shrubs, just coming out of dormancy for '06

SOMM
04-30-2006, 04:46 PM
our 6' vinyl privacy fence

SOMM
04-30-2006, 04:50 PM
bradford pears along fence shade the western exposure

SOMM
04-30-2006, 04:53 PM
back yard lay of land

MysticLandscape
04-30-2006, 05:28 PM
That house is 1.5 Mil?

NateV
04-30-2006, 05:41 PM
That house is 1.5 Mil?

Thats what I was thinking.

Lawnworks
04-30-2006, 07:30 PM
It would be about a 350k home here.

MysticLandscape
04-30-2006, 07:33 PM
Around here i want to say 550K. But I live one of the most expensive parts of the country when it comes to realesate.

SOMM
04-30-2006, 08:28 PM
....it's in the best school district in the entire eastern portion of the State, drives up the values when 5-figures are spent on each public school kid annually.

makes you think about where you advertise, doesn't it?

zim bob the landscaper
04-30-2006, 09:14 PM
ya it would be 600k i think thats all id pay. but other than that nice account.

cessnasovereign
04-30-2006, 09:36 PM
DAMN! That house would run $150-200K tops here! For 1.5 mil you get a HUGE house. Jake Delhomme's house (Carolina Panther) is only about 1.5 million and it's huge plus have a security fence and a little security hut at the driveway. !!!!

cgland
04-30-2006, 10:20 PM
Those are not Bradford Pears. Maybe Aristocrat or Chanticlear.

Chris

SOMM
04-30-2006, 10:50 PM
They dont look like brads because we pruned the snot out of them last fall.
They were sold to us as bradfords 6 years ago, you're prolly right though cg, lol.


Good observations on comparative house valuation, posters. Your clue is in post#2. 10 years ago all homes on block looked like the immediate-right $450K rambler. What our account did 7 years ago, like the new wrapped frame-in construction to the rambler's right, was move out to the Marriott Courtyard for a year while their rambler was demolished and their new custom 2-story was built. The kitchen and baths alone cost more than 3/4 million with marble floors and walls, custom vaulted ceilings with skylights and custom lighting, media systems, the finest cabinetry, appliances and fixtures money can buy.

We got our $,$$$ cut last spring when municipality buried all new underground utility lines and wasted half the front yard (including irrigation system) and stressed the other half. The power lines seen in post #4 are behind the main thoroughfare's shopping and restaurant district almost a block away.

LawnGuy73
05-01-2006, 08:10 AM
ya it would be 600k i think thats all id pay. but other than that nice account.

I agree, congrats though.

cessnasovereign
05-01-2006, 08:40 AM
What our account did 7 years ago, like the new wrapped frame-in construction to the rambler's right, was move out to the Marriott Courtyard for a year while their rambler was demolished and their new custom 2-story was built.

Same thing happened to my grandparents house. They sold it for around $235K, the people never moved in, but added a 2nd story to parts of it and did all kinds of work and now it's worth about $700K.

(In the Dilworth area for those here in Charlotte.)

rickt
05-01-2006, 01:23 PM
Thats not a 1.5 million dollar home.

That house is a estimated value of $200,000-$300,000 tops, the land is not worth more than $20-25,000.

This home here is currently for sale for $1.1 Million.

http://www.upimages.net/upload/4e4be4a8.jpg

SOMM
05-01-2006, 02:47 PM
ok rickt -
since you rub elbows with the real estate brokers everyday like us, why don't you look at this actual listing now on the market, right across the street from our clients. Iif you go through the flip'n pictures (living room by the fireplace), you'll see the view encompasses our client's property immediately across the street from this listing ( our clients are real estate brokers themselves here in this market
- we all realize that it's NOT YOUR MARKET rickt, alright - there's zero housing bubble here, ok?):

http://www.cbgundaker.com/search/advanced/index.jsp

....when you've got the website up, rickt, then use top dropdown-menu to enter:$0 - $2,000,000( not $200,000 or it won't work,k? ) as your "list-price" on top and then enter " 621968 " as the "MLS number" on the bottom and tell us all what you come up with, k? (you'll see it's listed as more than 1.5 million right now).
Thanks for your enlightening analysis !
:hammerhead:
:dizzy:

All_Clear
05-01-2006, 04:06 PM
Have to laugh at the real estate comparisons going on here.

I agree i personally wouldn't pay that much unless i get my own oil well in the back yard but just goes to show how different markets around the U.S. are.

Nice property. Keep up the good work!


All Clear

mulcahy mowing
05-01-2006, 04:19 PM
yea thats a small house for 1 mill

VWBOBD
05-02-2006, 02:25 AM
all trees and shrubs on premises deep root fertilized once annually. in ground irrigation system. turf is core aerated twice annually, spring and fall. Fertilizer by Lebanon Parex and Lebanon Proscape.


THAT IS A $200K HOUSE IN MY NECK OF THE WOODS......WELL IT WOULD BE IF IT HAD A BIGGER LAWN.

Choctaw Scalper
05-02-2006, 02:51 AM
Here in North Texas it would be about $200,000 as well. For 1.5 million you would get a good 10,000 to 15,000 Sq foot home with acreage.

liquidforcedude7
05-02-2006, 07:36 AM
Yea you could get 7 of those homes here for 1.5 mil. Unless its like waterfront, or has some massive acreage.

rickt
05-02-2006, 09:18 AM
ok rickt -
since you rub elbows with the real estate brokers everyday like us, why don't you look at this actual listing now on the market, right across the street from our clients. Iif you go through the flip'n pictures (living room by the fireplace), you'll see the view encompasses our client's property immediately across the street from this listing ( our clients are real estate brokers themselves here in this market
- we all realize that it's NOT YOUR MARKET rickt, alright - there's zero housing bubble here, ok?):

http://www.cbgundaker.com/search/advanced/index.jsp

....when you've got the website up, rickt, then use top dropdown-menu to enter:$0 - $2,000,000( not $200,000 or it won't work,k? ) as your "list-price" on top and then enter " 621968 " as the "MLS number" on the bottom and tell us all what you come up with, k? (you'll see it's listed as more than 1.5 million right now).
Thanks for your enlightening analysis !

Thats the price for the home across the street, that has nothing to do with the value of the house in question.:hammerhead:
:dizzy:


I have a rent house that is worth $62,000, the house across the street recently sold for $112,000. So as you can see the value of the house across the street has nothing to do with the value of a particular home. Also the house that is next to this $112,000 home is worth $148,000.

So i can claim the rent house i own is worth $100,000 just because the other ones are ? Nope, which is what your doing.

SOMM
05-02-2006, 11:58 AM
Your houses that you describe rickt - they are located in Houston's 5th Ward, pehaps ??

School's in session, rickt:
Lets compare the real valuation factor here.
It's called School Districts. Especially "District Expenditures / (per-)Student".

Today we'll see how a Houston TX High School near country clubs and golf courses stacks up to a Clayton MO High School near the same facilities, maps included. Lets compare the annual amount each School District Expends Per Student( because their District can afford it through the property taxes collected on multi-million dollar homes + commercial high-rises, office parks and facilities):

http://www.publicschoolreview.com/school_ov/school_id/46103
Clayton High School, Clayton MO spends $12,255 annually, per-student, because they're fat-n-sassy with big property-tax revenues.


http://www.publicschoolreview.com/school_ov/school_id/78941
Houston's Kashmere High School, Houston TX spends $5,804 annually, per-student, less than half of what Clayton MO expends ?!?!?!?!

any questions, rickt ?

A1A Lawn Care
05-02-2006, 03:01 PM
Its all location, location, location!!! That turns a 500k to a 1.5 mil. I see it all the time here in N.VA

rickt
05-02-2006, 05:59 PM
Your houses that you describe rickt - they are located in Houston's 5th Ward, pehaps ??

any questions, rickt ?

I have several rent houses in various parts of Texas, the one in question is located in Garland, Tx which is about 30 Minutes from Dallas, Tx.

The $62,000 home im talking about has the same "land" value as the home across the street ($16,000), however the home across the street (and the one next to that one) have a "home value" of $112,000 and $148,000 and that doesnt include the $16,000 value of the land. Looking at my rent house and the house across the street you could not tell the price difference as they look alike (They are 58 years old).

Now saying the above i cant go around and say that my $62,000 rent home is a $100,000 home just because the ones across the street are. Which is what you are doing, your giving us the price of the home across the street and then trying to tell us the home you "maintain" is a million dollar home just because the one across the street is... Get the point now ??

tiger1
05-02-2006, 07:18 PM
1.5 million? Dont' fart the nieghbors might hear it! For 1.5 million I think I would not want to be that close to any one or that close to the street.

SOMM
05-04-2006, 01:36 AM
how's the schools where your house is located rickt?

nah, not with triple thermals tiger, you won't hear a thing.