Word has it that 12 Mission has gone
2013-10-26 00:16:08.276696+00 by Dan Lyke 5 comments
Word has it that 12 Mission has gone into escrow! New neighbors by Thanksgiving?
2013-10-26 00:16:08.276696+00 by Dan Lyke 5 comments
Word has it that 12 Mission has gone into escrow! New neighbors by Thanksgiving?
[ related topics: Invention and Design ]
comments in ascending chronological order (reverse):
#Comment Re: made: 2013-10-26 00:36:57.608877+00 by: meuon
I'm partially surprised you did not originally buy it and fix it up it, as a rental and/or to increase your homes value..
#Comment Re: made: 2013-10-26 01:14:37.660955+00 by: Dan Lyke
We thought the price it sold for was too high, and are shocked that it gained as much value as it apparently did.
We also would have had to rent it for a bit if we did the work without a contractor's license.
#Comment Re: made: 2013-10-26 15:37:35.727048+00 by: ebradway
We thought the price it sold for was too high, and are shocked that it gained as much value as it apparently did.
The bubble didn't burst. It just deflated briefly.
#Comment Re: made: 2013-10-26 15:39:17.68995+00 by: meuon
That's good news for you that it increased in value, in theory helps the neighborhood overall, although it can affect your property taxes and other living costs.
#Comment Re: made: 2013-10-26 15:53:55.782685+00 by: Dan Lyke
Prop 13 means our property taxes don't get hit too hard, and by connection, the more recent sales at high prices means those new buyers are posturing more of a share of the cost of government services.
Yeah, gentrification can lead to higher retail prices, but overall I think it's good for us.