For the Real Estate Drop in sales and price Naysayers HOLD ONTO YOUR HATS

[HNL2LHC]

Well I’m not waiting anymore… I’m in the market finally!! Closed yesterday

Congrats!!!! Awesome news for you.

 

[Englewood]

Well I’m not waiting anymore… I’m in the market finally!! Closed yesterday

Congrats!

 

[hallett21]

Mom listed her townhouse Tuesday. Tenant occupied until September. 8 inquiries day 1 and 6 showings scheduled Tuesday.

Listed 100k more than she offered it to the tenants for.

 

[Englewood]

Mom listed her townhouse Tuesday. Tenant occupied until September. 8 inquiries day 1 and 6 showings scheduled Tuesday.

Listed 100k more than she offered it to the tenants for.

We're in a strange spot these days. The market doesn't really match up with how tough things are for a lot of people. Right now, prices are holding steady, even though interest rates are up. Unless people with super low mortgage rates decide it's time to sell or have to move, I don't see much changing anytime soon.

Layoffs will be the key area to watch.

That's my .02 from a former used-house salesman.

 

[hallett21]

We're in a strange spot these days. The market doesn't really match up with how tough things are for a lot of people. Right now, prices are holding steady, even though interest rates are up. Unless people with super low mortgage rates decide it's time to sell or have to move, I don't see much changing anytime soon.

Layoffs will be the key area to watch.

A standard 20% down purchase on this with current rates is a hell of a mortgage payment. I imagine there’s people just moving cash around and just paying the “higher” property taxes?

 

[Englewood]

A standard 20% down purchase on this with current rates is a hell of a mortgage payment. I imagine there’s people just moving cash around and just paying the “higher” property taxes?

I've been out of the game for a bit, and don't have the data, but I don't think many people are putting 20% down? Maybe the mortgage guys can chime in.

For example:

$800,000 purchase price
-$160,000 down (not sure many have that kind of liquid cash)
$640,000 L/A
@ 7%
$4,257/mo
$800 property taxes
$200 Insruance?

Roughly $5,257/mo for an 800k house AFTER parting with $160k.

 

[PaPaG]

Has nothing to do with Havasu. You make a claim but we need to research it? LOL. The fact that you can't substantiate your claims shows that they are not factual in any way.

Where is this river house that lost $150k in value over the last 2 years... Havasu? Parker? Bullhead? Some other River?

As I said, Do your own research facts are facts. I have no need to go through all my findings and inform you, but if you are smart as you think you are open your eyes and do a bit of your own research you will see what is going on around the country.

 

[hallett21]

I've been out of the game for a bit, and don't have the data, but I don't think many people are putting 20% down? Maybe the mortgage guys can chime in.

For example:

$800,000 purchase price
-$160,000 down (not sure many have that kind of liquid cash)
$640,000 L/A
@ 7%
$4,257/mo
$800 property taxes
$200 Insruance?

Roughly $5,257/mo for an 800k house AFTER parting with $160k.

I don’t think anyone is doing 20% lol.

 

[EmpirE231]

I'm seeing some price drops in the southern Utah area..... are they still high? yes. We're people listing at these higher prices in hoping they'd get lucky? yes..... but all in all, more price declines than usual. Have not checked Idaho.... but those are 2 states a lot of CA transplants have moved to. Havasu is strange, the heat is getting to some peoples heads there.... Unless that place ends up with some better industry and infrastructure, it'll end up like the salton sea 20 years from now.

CA has been slightly immune to the price drops, due to most people buying recently have 2-3 families living there, and putting in ADU's to offset the monthly overhead of living somewhere.

 

[HNL2LHC]

I don’t think anyone is doing 20% lol.

Our son just did on his Havasu house last August…..

Things are softening for sure. Both Havasu and Hawaii. But you only loose money if you sell. it did it back in 1997ish as well as 2008-2009. Then after a couple of years it was off to the races. One of these days it will fell right to start selling things off and reinvesting. It is getting very close in Hawaii as they are using their 529.5’s true consrervitive’s rule book on redistributing the wealth. Just blows my mind what our property manager has to deal with and that will start to affect our bottom line or even options to sell.

 

[Englewood]

I'm seeing some price drops in the southern Utah area..... are they still high? yes. We're people listing at these higher prices in hoping they'd get lucky? yes..... but all in all, more price declines than usual. Have not checked Idaho.... but those are 2 states a lot of CA transplants have moved to. Havasu is strange, the heat is getting to some peoples heads there.... Unless that place ends up with some better industry and infrastructure, it'll end up like the salton sea 20 years from now.

CA has been slightly immune to the price drops, due to most people buying recently have 2-3 families living there, and putting in ADU's to offset the monthly overhead of living somewhere.

Havasu sure seems to beat to it's own drum. Salton Sea? Damn! LOL

 

[hallett21]

Our son just did on his Havasu house last August…..

That’s awesome. In 2018 I put down 10? Maybe 11%? I needed every nickel for the remodel lol.

I just don’t think the average buyer has 200k ready to go, but they can pull off a big monthly payment. Don’t ask me how lol.

Also as mortgage payments have exponentially increased PMI doesn’t sound so bad. Especially if it’s the difference between owning or not. Right or wrong

 

[NicPaus]

I don’t think anyone is doing 20% lol.

I think they are thanks to parents and grandparents.

I have a client in escrow now. They have enough left over for 200k in upgrades.

Another one they closed 6 months ago. Doing a lot of work to the house. Around your age. $6400 a month nut all in on 2 + 2. Probably spent 80k already after close on upgrading.

 

[HNL2LHC]

That’s awesome. In 2018 I put down 10? Maybe 11%? I needed every nickel for the remodel lol.

I just don’t think the average buyer has 200k ready to go, but they can pull off a big monthly payment. Don’t ask me how lol.

Also as mortgage payments have exponentially increased PMI doesn’t sound so bad. Especially if it’s the difference between owning or not. Right or wrong

Good thing is that he bought in Havasu and it is about 1/2 of CA or Hawaii. But the best part is that he bought a house and not a condo if he stayed in Hawaii. It may not appreciate like CA or Hawaii but he is not stuck in a condo or townhome with people so close and the drama and don’t forget the HOA fees.

 

[hallett21]

Havasu sure seems to beat to it's own drum. Salton Sea? Damn! LOL

Havasu is slowly but steadily approaching the status of Mammoth and the like. Less industry is needed when people fly and drive in to spend thousands every weekend.

I cannot imagine the property taxes collected in the 80s vs today.

 

[NicPaus]

I'm seeing some price drops in the southern Utah area..... are they still high? yes. We're people listing at these higher prices in hoping they'd get lucky? yes..... but all in all, more price declines than usual. Have not checked Idaho.... but those are 2 states a lot of CA transplants have moved to. Havasu is strange, the heat is getting to some peoples heads there.... Unless that place ends up with some better industry and infrastructure, it'll end up like the salton sea 20 years from now.

CA has been slightly immune to the price drops, due to most people buying recently have 2-3 families living there, and putting in ADU's to offset the monthly overhead of living somewhere.

The ADUs I have been bidding don't pencil out unless the property was owned before covid. Buying now and dropping 3-400K on a adu. The adu would not bring in enough to offset what it costs to build.

 

[attitude]

CA $700k and up is a different animal compared to most markets. Phoenix on the other hand has definitely started to roll down hill. I’m see prices down about 10% in the last 6-8 months, rentals at 2020 rates and still sitting.

I have also noticed lots of homes that were bought and lived in for less then a year just to be put up for sale at about the previous purchase price. Is the heat scaring people off, is the job market in the tank, are people realizing they purchased at the top and wanting to get out? Genuinely curious.

 

[Englewood]

The ADUs I have been bidding don't pencil out unless the property was owned before covid. Buying now and dropping 3-400K on a adu. The adu would not bring in enough to offset what it costs to build.

I have a lot in San Diego zoned for 4 units. I could build 3 more homes, and 4 ADU's. What are people spending for a 1000' ADU, all-in?

 

[DMF]

I have a lot in San Diego zoned for 4 units. I could build 3 more homes, and 4 ADU's. What are people spending for a 1000' ADU, all-in?

Hold on to your hat when you hear the prices!!! It doesn't make any sense to me.

 

[EmpirE231]

The ADUs I have been bidding don't pencil out unless the property was owned before covid. Buying now and dropping 3-400K on a adu. The adu would not bring in enough to offset what it costs to build.

people are getting creative.... smallest house on the smallest lot down our street has probably 3 families living in it. This place sold maybe 2 yrs ago? It previously had a detached garage with small room of the back. I kid you not I think someone is living in a tough shed in the backyard.

another big house, tennis court etc that sold for 1.3..... landscaping is all ran down now, looks like shit, but they converted the garage into an ADU and someone is living there. They now have no garage and the wife has to park her Audi SUV in the driveway . In CA everyone is turning their SFR into a small ghetto apartment complex.... unless you are in Newport beach or del mar

 

[RiverDave]

Honestly, that's weak. You make the argument, and claim that you would've lost $150k, but have zero facts to support it. I understand what you said, I worded my response incorrectly.

I'd love to see a house in Havasu/Parker that has gone down $150k since this post started, assuming that's where your house is? It's ok to admit defeat. A one-horse town in Texas is hardly a snapshot of the market as a whole. If I am wrong, please show me and I will wear it.

@RiverDave have you seen any houses drop 150k in the last 2 years?

lol not unless it was grossly overpriced to begin with.

 

[hallett21]

Hold on to your hat when you hear the prices!!! It doesn't make any sense to me.

Existing garages aren’t terrible. But yes still very expensive. The problem is a new freestanding ADU is no different than building a brand new home as far as engineering, new building codes, etc.

 

[DC-88]

Existing garages aren’t terrible. But yes still very expensive. The problem is a new freestanding ADU is no different than building a brand new home as far as engineering, new building codes, etc.

Actually if the ADU is on an older home, the requirements for fire sprinklers and solar are waived ( at least in our County) so that helps a little . The math on them is easy to do as it's just the same as any other price per square foot on a new build assuming the lot is flat. I know this is debatable and varies by state but lets say 300 bucks a square foot cost including building fees but plus contracting fees as a baseline which is where the 3-400k thrown around comes from. A few of the ones I've done have a new garage too in addition to the living, but the hardest part is typically access for over excavation/ recompaction, making sure the sewer has fall, dealing with utility companies for separate metering etc, all for less of a contractor fee than a new house due to the small size. I have one more to add to my list of jobs for some friends, and am adding one in my back alley attached to my rear garage so we can move back to AZ much of the time, and then calling it quits on doing them

 

[hallett21]

Actually if the ADU is on an older home, the requirements for fire sprinklers and solar are waived ( at least in our County) so that helps a little . The math on them is easy to do as it's just the same as any other price per square foot on a new build assuming the lot is flat. I know this is debatable and varies by state but lets say 300 bucks a square foot cost including building fees but plus contracting fees as a baseline which is where the 3-400k thrown around comes from. A few of the ones I've done have a new garage too in addition to the living, but the hardest part is typically access for over excavation/ recompaction, making sure the sewer has fall, dealing with utility companies for separate metering etc, all for less of a contractor fee than a new house due to the small size. I have one more to add to my list of jobs for some friends, and am adding one in my back alley attached to my rear garage so we can move back to AZ much of the time, and then calling it quits on doing them

Agreed. But when a 2,000 sq ft house cost 600-800 to build and the tiny ADU costs 3-400 everyone’s jaws drop lol.

Edit. Meaning there’s an expectation that because they are smaller they should cost a lot less.

 

[NicPaus]

I have a lot in San Diego zoned for 4 units. I could build 3 more homes, and 4 ADU's. What are people spending for a 1000' ADU, all-in?

$350+ a sq ft all in or more. They still need a main line for sewer, water main, roof, kitchen, bathroom. So the price per sq ft is more. Best to build them 1200 sq ft if it fits.

My old house. Plan is to do a addition to it. To make it 1600 sq ft ad a 1200 sq ft adu. Build a back house 1600 sq ft and ad a 1200 sq ft adu. Talking with the planner to see If I can add a Jr adu to front existing house. If not I will have 5600 sq ft on the lot. One around the corner is in escrow for $560 sq ft. I just posted 1 on here that was listed for 650. Tried to find a investor for that 1. But no takers.

 

[zhandfull]

Havasu is slowly but steadily approaching the status of Mammoth and the like. Less industry is needed when people fly and drive in to spend thousands every weekend.

I cannot imagine the property taxes collected in the 80s vs today.

I have always thought of Lake Havasu as the Newport Beach of the river. lol…

Sure doesn’t seem to be a shortage of money in town.

 

[DC-88]

Agreed. But when a 2,000 sq ft house cost 600-800 to build and the tiny ADU costs 3-400 everyone’s jaws drop lol.

Edit. Meaning there’s an expectation that because they are smaller they should cost a lot less.

True - The cap rate is the same though . And since most that call me never did anything in their lives except hope to pop out a hot daughter(metaphoric) they could choose to pound sand until ca and other states allow the back yard to be sold off separately ...... golden goose isn't free .

 

[Havasu blue label]

I think they are thanks to parents and grandparents.

I have a client in escrow now. They have enough left over for 200k in upgrades.

Another one they closed 6 months ago. Doing a lot of work to the house. Around your age. $6400 a month nut all in on 2 + 2. Probably spent 80k already after close on upgrading.

True - The cap rate is the same though . And since most that call me never did anything in their lives except hope to pop out a hot daughter(metaphoric) they could choose to pound sand until ca and other states allow the back yard to be sold off separately ...... golden goose isn't free .

Pound sand good one

 

[hallett21]

True - The cap rate is the same though . And since most that call me never did anything in their lives except hope to pop out a hot daughter(metaphoric) they could choose to pound sand until ca and other states allow the back yard to be sold off separately ...... golden goose isn't free .

I just wonder how many people are doing it to just increase property value.

Also even if it takes 10-12 years to regain your initial investment. That’s not historically a bad investment. Obviously not a killer one but 400k in and paid back in 10 years + equity gains isn’t bad.

 

[Orange Juice]

Havasu sure seems to beat to it's own drum. Salton Sea? Damn! LOL

I haven’t been through Salton in 40 years. Looking at Zillow, it would probably make a great 2 month retreat for winter visitors. (60 years ago)

 

[DC-88]

I just wonder how many people are doing it to just increase property value.

Also even if it takes 10-12 years to regain your initial investment. That’s not historically a bad investment. Obviously not a killer one but 400k in and paid back in 10 years + equity gains isn’t bad.

The only reason I'm doing mine is to increase the property value because we plan to sell at retirement and I only want NNN commercial rentals at this point . Doing spec houses as part of what we do anyway, it makes sense as the new owner would probably build one if I didn't do it . The gain should be about double the cost of the const. A few of the other ones I've done were actually paid for by mother in laws to move into, and the others were to rent out . We live in a vacation beach town with STR restrictions so full time rentals are like gold to tenants and rents are ridiculous.

 

[PaPaG]

lol not unless it was grossly overpriced to begin with.

Never was for sale, when a few realtors said they had buyers for cash with short escrow during the peak time frame and panic buying of covid I said I am open to listening, I even asked a realtor for comps to see... I figured just like all the houses in havasu that got bid up along with other hot areas of the country that sold for much more than asking with all the bidding wars might as well be open to listening. If I were to sell it would have been when we had all the crazy panic buyers. We will never agree that is for sure but that is OK its all a debate and opinion and in the end we will see who was wrong, right or even close to figuring it out.

 

[Englewood]

Never was for sale, when a few realtors said they had buyers for cash with short escrow during the peak time frame and panic buying of covid I said I am open to listening, I even asked a realtor for comps to see... I figured just like all the houses in havasu that got bid up along with other hot areas of the country that sold for much more than asking with all the bidding wars might as well be open to listening. If I were to sell it would have been when we had all the crazy panic buyers. We will never agree that is for sure but that is OK it’s all a debate and opinion and in the end we will see who was wrong, right or even close to figuring it out.

Unfortunately, none us have any idea wtf is coming. After that COVID stunt that our own government pulled on us, and the money pumped into the economy since, It’s a crap shoot on what the future brings.

My theory is, buy a home for shelter, and if it appreciates, great.

Time “in” the market always beats “timing” the market.

 

[Orange Juice]

 

[DRYHEAT]

lol not unless it was grossly overpriced to begin with.

Grossly overpriced house in Havasu? …Never happens.

 

[stillhustlin]

I'm seeing some price drops in the southern Utah area..... are they still high? yes. We're people listing at these higher prices in hoping they'd get lucky? yes..... but all in all, more price declines than usual. Have not checked Idaho.... but those are 2 states a lot of CA transplants have moved to. Havasu is strange, the heat is getting to some peoples heads there.... Unless that place ends up with some better industry and infrastructure, it'll end up like the salton sea 20 years from now.

CA has been slightly immune to the price drops, due to most people buying recently have 2-3 families living there, and putting in ADU's to offset the monthly overhead of living somewhere.

I’ve compared spec count (2023+) in Washington County Ut to Clark County Nv. Looking at homes $975k and up there are 138 in WaCo and 200 in Clark as of today. WaCo has a population of 200k and Clark County has a population of 2 million. Either one is heavily undersupplied or one is heavily over supplied. There guys doing 5-6 million dollar specs in Southern Utah now. 2+ million dollars homes really didn’t exist prior to Covid in Southern Utah.

 

[badgas]

I'm seeing some price drops in the southern Utah area..... are they still high? yes. We're people listing at these higher prices in hoping they'd get lucky? yes..... but all in all, more price declines than usual. Have not checked Idaho.... but those are 2 states a lot of CA transplants have moved to. Havasu is strange, the heat is getting to some peoples heads there.... Unless that place ends up with some better industry and infrastructure, it'll end up like the salton sea 20 years from now.

The salton sea was NEVER ever close to the revenue and destination that Havasu is. Lot's of people with major FU money come to play in Havasu.

 

[Orange Juice]

The salton sea was NEVER ever close to the revenue and destination that Havasu is. Lot's of people with major FU money come to play in Havasu.

The FU money back then was in Palms Spring, Las Vegas, Hollywood.

 

[Cole Trickle]

I’ve compared spec count (2023+) in Washington County Ut to Clark County Nv. Looking at homes $975k and up there are 138 in WaCo and 200 in Clark as of today. WaCo has a population of 200k and Clark County has a population of 2 million. Either one is heavily undersupplied or one is heavily over supplied. There guys doing 5-6 million dollar specs in Southern Utah now. 2+ million dollars homes really didn’t exist prior to Covid in Southern Utah.

Its a weird market for sure....

Seems things in the 800-1.5 million zone sit for a little and have some negotiation room. I'm guessing that's a standard buyer that doesent like the current rates.

2+++ million watch out they are going up and being purchased for cash I can only assume. I can look over my back wall and throw a rock and hit multiple 5 million plus houses with people moving in. Most of the buyers are not from out of state they are local or from up north it seems.

Some of the houses are bonkers.

 

[yuppie]

Its a weird market for sure....

Seems things in the 800-1.5 million zone sit for a little and have some negotiation room. I'm guessing that's a standard buyer that doesent like the current rates.

2+++ million watch out they are going up and being purchased for cash I can only assume. I can look over my back wall and throw a rock and hit multiple 5 million plus houses with people moving in. Most of the buyers are not from out of state they are local or from up north it seems.

Some of the houses are bonkers.

I'm actually looking pretty hard at St. George. Going to visit there this weekend on my way down to Havasu.

Seems like you still get your money's worth when buying a house out there. With all the development going on, I can see that place growing a lot of the next 5 years.

Can you speak to the weather a bit more? Is Hurricane super windy? Whats the winter/summer like?

 

[Cole Trickle]

I'm actually looking pretty hard at St. George. Going to visit there this weekend on my way down to Havasu.

Seems like you still get your money's worth when buying a house out there. With all the development going on, I can see that place growing a lot of the next 5 years.

Can you speak to the weather a bit more? Is Hurricane super windy? Whats the winter/summer like?

Hurricane definitely gets more wind than St. George or Washington. Typically starts in the mid to late afternoon.

I have friends that live in Hurricane and love it as recreation is right out the back door. Dixie springs is a coo, community and would match our lifestyle perfect but I didn’t want to be in the hurricane school district and I don’t want to live in a place that allows str’s.

I live on the border of St. George and Washington (crimson school district)and I wouldn’t consider it a windy location that would bother anyone. When it does blow it can blow hard.

If you like sun this is the place for you as it’s one of the sunniest spots in the us. Being in the desert it’s a dry heat and with the elevation it’s a little cooler than what you would get in vegas.

I would say a hot summer day could get into the 110-112 range and you might see 30 in the winter. We have been here 3 years and gotten 3 days of snow and it never sticks or lasts more than a couple hours.

We moved from Corona and when people ask I tell them it’s 5 degrees hotter in the summer and 5 degrees colder in the winter.

Overall I would say it’s pretty mild you might get a month and a half where you want shade or hang out in the pool.

It’s growing like crazy but they seem to be doing a good job investing in the infrastructure as well. He people that have been here for 40 years hate it but for people like us it feels like California in the mid 80’s.

 

[Cdog]

Prices seem to be going up in N Phoenix and Scottsdale. How long will the trend continue? The market is definitely reverting to seasonal swings.

 

[shintoooo]

For people moving to Utah, are you taking your jobs with you or are you looking for jobs out there?

 

[stillhustlin]

For people moving to Utah, are you taking your jobs with you or are you looking for jobs out there?

I’m up in Northern Utah but I got a job out here. Went to college in Utah and moved back to SoCal for 1.5 years after I graduated. Covid hit I saw all my friends were still hitting the bars out here so I said screw it and left. I work in land acquisition and development. I tried finding a job in Cedar City where I went to college but ended up having to move up North to SLC. I have ran projects in St George and managed remotely in SLC.

 

[Cole Trickle]

For people moving to Utah, are you taking your jobs with you or are you looking for jobs out there?

The job market does not match the home prices. I believe it just came out and Utah is like #6 in the most expensive place to buy a home.

Most of the people i know work remote or are self employed. There is money to be made but if you are looking for a 100k corporate gig i think its going to be tough to find.

They are building out some areas by the airport in the next 5 years that will bring a ton of tech and logistics to the area. Check out the blackrock project over in ivins its absolutely nuts and will bring some huge $$$ to the economy. I think they have 2 pga events scheduled at the new facility.

Kevin Costner is also Building a movie studio out here.

That's southern Utah I can't speak to Salt Lake. Personally i wouldn't live in Salt Lake its no where near CA bad but its a big city with big city issues. (I also don't want to deal with snow)


This guy has a ton of videos updating what's being built.

 

[yuppie]

For people moving to Utah, are you taking your jobs with you or are you looking for jobs out there?

I work remote in big tech. I'm looking at St.George for the size and quality of house along with prices, many of them have RV/Boat garages, gorgeous mountain views, decent sized lots. Mountain Biking (and Off-road activities) right there, and it's only 2hrs to Vegas, 4hrs to Havasu. The only thing I'm concerned about is coffee shops and food spots, but I think that'll improve quickly.

They're building a ton of stuff out there right now, like a stadium that'll hold ~20K people, Utah Jazz supposed to play their pre-season there, PGA Tour has a stop there and they're building one or two new golf resorts. Supposedly there is also fiber internet all over the place, which is a big plus.

This "Tech Ridge" thing they're doing might bring in more food and coffee places due to more techies coming into town:

 

[yuppie]

Hurricane definitely gets more wind than St. George or Washington. Typically starts in the mid to late afternoon.

I have friends that live in Hurricane and love it as recreation is right out the back door. Dixie springs is a coo, community and would match our lifestyle perfect but I didn’t want to be in the hurricane school district and I don’t want to live in a place that allows str’s.

I live on the border of St. George and Washington (crimson school district)and I wouldn’t consider it a windy location that would bother anyone. When it does blow it can blow hard.

If you like sun this is the place for you as it’s one of the sunniest spots in the us. Being in the desert it’s a dry heat and with the elevation it’s a little cooler than what you would get in vegas.

I would say a hot summer day could get into the 110-112 range and you might see 30 in the winter. We have been here 3 years and gotten 3 days of snow and it never sticks or lasts more than a couple hours.

We moved from Corona and when people ask I tell them it’s 5 degrees hotter in the summer and 5 degrees colder in the winter.

Overall I would say it’s pretty mild you might get a month and a half where you want shade or hang out in the pool.

It’s growing like crazy but they seem to be doing a good job investing in the infrastructure as well. He people that have been here for 40 years hate it but for people like us it feels like California in the mid 80’s.

Perfect, this is what I wanted to hear. I'll probably avoid Hurricane because I think that wind would bother me too much. Not concerned about schools outside of re-sell value, but over time, that'll either change or just go up anyway.

 

[Cole Trickle]

Perfect, this is what I wanted to hear. I'll probably avoid Hurricane because I think that wind would bother me too much. Not concerned about schools outside of re-sell value, but over time, that'll either change or just go up anyway.

Sounds like you would like the little valley area if you are trying to be closer to town. Starting point for RV garage homes will be 1 million and continue up depending on sq footage.

They also have rv houses for a better deal out off river and the 7. Its a nice area and over time will end up being built out and jump in value. Its probably a 10 minute drive to town but they have a ton of stuff planned along the 7its just going to take time.

 

[yuppie]

Sounds like you would like the little valley area if you are trying to be closer to town. Starting point for RV garage homes will be 1 million and continue up depending on sq footage.

They also have rv houses for a better deal out off river and the 7. Its a nice area and over time will end up being built out and jump in value. Its probably a 10 minute drive to town but they have a ton of stuff planned along the 7its just going to take time.

There's some really interesting stuff I'm finding under a million: https://www.zillow.com/homedetails/1344-E-Mountain-Ridge-Dr-Washington-UT-84780/2053133286_zpid/ -- Landscaping this backyard might bring the cost up a bit, not a bad start though.

It's going to be a balance between square footage, garage space and views, but they're building a lot and I'm not in a rush until rates get back around the 4's

I just need to spend a little time out there looking around.

 

[Done-it-again]

There's some really interesting stuff I'm finding under a million: https://www.zillow.com/homedetails/1344-E-Mountain-Ridge-Dr-Washington-UT-84780/2053133286_zpid/ -- Landscaping this backyard might bring the cost up a bit, not a bad start though.

It's going to be a balance between square footage, garage space and views, but they're building a lot and I'm not in a rush until rates get back around the 4's

I just need to spend a little time out there looking around.

At $427 sq ft seems high, especially with no back yard and easy 100k with no pool.