Geotpf_IHB
New member
[quote author="morekaos" date=1241673125]Why would you build this?
<a href="http://www.redfin.com/CA/Temecula/32032-La-Serena-Way-92591/home/12263231">3931 square feet</a>
Or this?
<a href="http://www.redfin.com/CA/Temecula/31625-Pio-Pico-Rd-92592/home/6244006/mrmls-T09034274">4225 square feet</a>
Or this?
<a href="http://www.redfin.com/CA/Temecula/40110-Butterfield-Stage-Rd-92591/home/12263568">2395 square feet</a></blockquote>
There is a limited market for big ass houses on big ass lots in every city. For example, the second house you listed was built in 1983 and is in a group of other houses of similiar size and age.
It's just that in 2006 or so, people got stupid and built too many of these things, many in places where they don't belong. For example, in San Jacinto (in the middle of the desert), there are entire subdivisions full of 3,000+ square foot houses (on smaller lots than your example), most built around 2006. You can buy one now for $150k, or $50 a square foot-much less than the cost to build them, not even counting the land.
<a href="http://www.redfin.com/CA/Temecula/32032-La-Serena-Way-92591/home/12263231">3931 square feet</a>
Or this?
<a href="http://www.redfin.com/CA/Temecula/31625-Pio-Pico-Rd-92592/home/6244006/mrmls-T09034274">4225 square feet</a>
Or this?
<a href="http://www.redfin.com/CA/Temecula/40110-Butterfield-Stage-Rd-92591/home/12263568">2395 square feet</a></blockquote>
There is a limited market for big ass houses on big ass lots in every city. For example, the second house you listed was built in 1983 and is in a group of other houses of similiar size and age.
It's just that in 2006 or so, people got stupid and built too many of these things, many in places where they don't belong. For example, in San Jacinto (in the middle of the desert), there are entire subdivisions full of 3,000+ square foot houses (on smaller lots than your example), most built around 2006. You can buy one now for $150k, or $50 a square foot-much less than the cost to build them, not even counting the land.