A spinechilling story for homeowners

Discussion in 'Community' started by parrothead, Jul 15, 2004.

  1. parrothead macrumors 6502a


    Sep 24, 2003
    Edmonds, WA
    There has been a for sale sign on a group of either new or newly renovated townhouses across the street from my apartment for about 6 months now. Yesterday my wife and I finally got curious and went over for a look. They weren't bad, 1900 square feet, 3 bedroom built in garage. That is the good part. Bad part: no yard, no A/C, no appliances of any kind, no view out the windows. The townhouses are located in a not-too-nice, not-too-bad part of Honolulu, NOT near the beach. So we were thinking that since it is expensive here that they would go for about $250,000. Wrong. Try $680,000!!! :eek: :eek: For a run of the mill townhouse?! I've got a friend in Texas that has a nice 2500 sf 3 bedroom home with a huge yard and all the fixin's for $150,000! Craziness!
  2. Neserk macrumors 6502a


    Jan 1, 2004
    Yeah, but he has to live in Texas :p And doesn't get to live in Hawaii!
  3. Abstract macrumors Penryn


    Dec 27, 2002
    Location Location Location
    Not exactly spinechilling, but that's quite a bit of money though. Is Hawaii/Honolulu an expensive place, or is it just the housing that's expensive? I forget how much stuff costs there. Haven't been to Honolulu in 12 years.

    $680000 could buy you a nice little mansion. ;)
  4. TimDaddy macrumors 6502

    Mar 13, 2002
    Versailles, KY (and that's pronounced Vurr-sales)
    Wow! That's a lot of money! Townhouses around here can be bought for less than $100,000. That is with around 1200-1400 square feet, but still, $680,000 for a townhouse! Day-am! That's freakkin' ten years pay for me, before taxes!
  5. Mav451 macrumors 68000


    Jul 1, 2003
    I'm sorry...I was half-expecting "but there's a dead man in the basement" kind of story. It sells for next to nothing, etc. etc.

    Oh well.
  6. musicpyrite macrumors 68000


    Jan 6, 2004
    Cape Cod
    $680,000 could buy you a nice little G5.

    ...on second thought, serew the G5s, get an xserv!
  7. Dr. Dastardly macrumors 65816

    Dr. Dastardly

    Jun 26, 2004
    I live in a giant bucket!
    HA! I was thinking indian burial ground! :D
  8. etoiles macrumors 6502a


    Jun 12, 2002
    Where the air is crisp
    that is the house next door with the swimming pool... goes for $820'000 :D
  9. medea macrumors 68030


    Aug 4, 2002
    Madison, Wi
    Hah yeah real spinechilling, thanks for the heads up.
    Scary stuff going on in Honolulu.
  10. gwuMACaddict macrumors 68040


    Apr 21, 2003
    washington dc
    not so chilling... or surprising...

    i feel let down

    (you ought to edit the original post and make up a good murder/mystery story to go along with the house)
  11. kgarner macrumors 68000


    Jan 28, 2004
    That's insane. My in-laws are closing on a home next week that is huge. Three levels (2 above ground), large rooms, Master suite on the main level, 2 bedrooms upstairs (each with own bathroom), 2 unfinished bedrooms in the basement, a home theater room, 2 family rooms, huge yard, etc. I could keep going, but here's the kicker. I think they a getting it for less than that townhouse. I know they got it ofr less than $700,000. Hawaii must be outrageous.
  12. Rower_CPU Moderator emeritus


    Oct 5, 2001
    San Diego, CA
    On the other islands, it might go for closer to 400, but there's too much demand in Honolulu.

    Even in San Diego, that house would go for about 700. :eek: :rolleyes:
  13. awesomebase macrumors regular

    Jan 6, 2004
    There are other places that are worse...

    Just try getting any kind of townhome/house in the Redwood Shores area behind the Oracle park... you would wish that a 1200sq. ft. home would be that cheap. Also, 1900 sq.ft. condos in Washington, DC are easily over $1.5M, so, this isn't exactly breaking news, but, I hear ya... prices are just totally ridiculous!
  14. G5orbust macrumors 65816


    Jun 14, 2002
    yeah it would. San Diego's house prices are absurd. Im surprised people still live here, with the high gas prices and even higher house prices...
  15. parrothead thread starter macrumors 6502a


    Sep 24, 2003
    Edmonds, WA
    So not so spinechilling but still rediculous!

    My apologies to any of you who feel let down! I promise to think up a real Stephen King worthy spinechilling story and repost soon. As for your questions about Honolulu being expensive, yes, very. Some examples of this, 400sf studio in Waikiki $1300 + 50 for parking. Gallon of milk $8.00. One gallon of gas $2.30, on the other islands it is around $3.00/gal (now I know this is cheap compared to lots of you, but still pretty expensive.) Empty quarter acre sized lot near Diamond Head with 10 foot high pile of garbage in it $1.5 million. :eek:
  16. ebow macrumors 6502a


    Apr 30, 2001
    Trapped in a world before later on
    $8.00 for a gallon of milk? :eek: Damn! I guess there's little space for dairy farms out in the middle of the ocean. I thought $3+ in New England was bad, and we have cows for the next several thousand miles west!
  17. Moxiemike macrumors 68020


    Jan 1, 2002
    Pittsburgh, PA
    Hah! I just bought (and finally got the keys to) a 3 Bedroom townhouse in an up and coming hip area of pittsburgh, with a full yard in back and garage, and a total of 1750 SF for $55k!

    Pittsburgh is RIDICULOUSLY cheap to live in. And this house really only needs some wiring updates, and some floor updates, paint and blammo!


    My mortgage is cheaper than my car payment!

  18. 2jaded2care macrumors 6502

    Jun 13, 2003
  19. sushi Moderator emeritus


    Jul 19, 2002
    Now that's cold! :D

  20. Apple Hobo macrumors 6502a

    Apple Hobo

    Mar 19, 2004
    A series of tubes
    I thought this post was going to be about finding a dead body in your new house or something. ;)

    I remember looking at a real estate catalogs just for fun when I took a trip to San Francisco a few years ago. Talk about insane property prices! I remember seeing houses that looked like filthy crack houses and went for a quarter million+ $$$. They were listed as "handyman specials". :D The house I live in now is just an average house, but the same house would probably cost 1/2 a million in SF. :eek:
  21. bousozoku Moderator emeritus

    Jun 25, 2002
    Gone but not forgotten.
    Here, around Orlando, Floriduh, I'd expect that to go for about $150,000, so $680,000 seems bad. Still, if you consider that everything on the islands is inflated--that most everything has to be imported--it could be worse. Take a look at real estate in Japan to bring you back to reality. :D

    We had a story here where someone bought a house for $350,000 after having it inspected by a nation-wide company which said that it was sound. Six months later, it was condemned by the county government for being unsafe, due to termites. That's spine-chilling! :eek:
  22. Gymnut macrumors 68000


    Apr 18, 2003
    Yes, well it has been a sellers market the past two years as the median home price has steadily increased. I'm not sure how long you've resided in Hawaii but it's always been the case of the land value, driven up by low interest mortgage rates and increasing demand by mainland buyers. A cardboard box sitting on a weed infested lot could fetch in excess of $400, 000. Well, maybe that's a bit exaggerated. ;)
  23. mactastic macrumors 68040


    Apr 24, 2003
    Yawn.... you obviously haven't been home-shopping in my area. :p

    The MEDIAN house price here is around $450,000. Where I grew up, it's up to $580,000. That means that half the houses sell for MORE than that. And if you can see even a sliver of the ocean from the corner of a bathroom window, you can double the price!
  24. parrothead thread starter macrumors 6502a


    Sep 24, 2003
    Edmonds, WA
    Actually that ISN'T exaggerated! I saw a quarter acre lot in Kahala with a pile of garbage in the middle for sale for $1.5 million. I have been in Hawaii long enough (3.5 years) to know that housing prices are increasing and demand is skyrocketing, but still that price for an average townhouse is crazy.

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