I hear you. I guess what it really comes down to is that market value is what someone is willing to pay! Out of curiosity, what market are you in that houses like this go for $450k?
@skydivingrealestateagent That's the problem this is a bubble market. No one can afford that house by this time next year it will be worth at least 30% less.
@@MrRjsnowdeninteresting. Would you bet money that houses in the Austin MSA will drop 30% after they’ve already come down 10-20% in the last two years? What time next year will prices crash? And what market are you in?
No it's not worth a million dollars. That house should be no more than 450K!! The insurance and prop tax will be well over 2K per month. Insanity.
I hear you. I guess what it really comes down to is that market value is what someone is willing to pay! Out of curiosity, what market are you in that houses like this go for $450k?
@skydivingrealestateagent That's the problem this is a bubble market. No one can afford that house by this time next year it will be worth at least 30% less.
@@MrRjsnowdeninteresting. Would you bet money that houses in the Austin MSA will drop 30% after they’ve already come down 10-20% in the last two years? What time next year will prices crash? And what market are you in?