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Posts: 124
Vengeance

quality thread

10/10

Posts: 676
Vengeance

Why don't you go call the real estate agent about it? Here's the website: http://www.zillow.com/homedetails/278-Ridgeway-St-Saint-Joseph-MI-49085/2119128269_zpid/#modal_open

Posts: 676
Vengeance

I think that it is a fair asking price. There are many multi-million dollar houses in Michigan, especially those on islands or with lake access. 

Posts: 3645
Vengeance

Disagree. I checked other listings in that postal code. That price is way too high. It ain't 2006 anymore.

 

Islands are a different matter. An island home has always been worth big $$ anywhere.

Summer cottages in MI are relatively cheap, tho. 

Posts: 676
Vengeance

The house was actually 4.5 million before they cut down the price.

Posts: 3645
Vengeance

I just checked the history. They're asking way too much for that house. The price will drop by at least another $500k, possibly $1 mil, before they can sell it.

Posts: 3645
Vengeance

http://www.realtor.com/realestateandhomes-detail/17154-Fairway-Dr_Detroit_MI_48221_M45941-15108?ex=MI586721725

 

^That is a $550 000 house in a nice neighbourhood in Detroit (golf & country club.)

It would sell for $1 mil to $1.5 mil elsewhere in the state.

 

You mean the house you're referring to was worth $4.5 mil 10 years ago before the Big 3 auto manufacturers moved to China and the real estate market crashed?

Posts: 676
Vengeance

I've lost interest. Think what you want about Michigan real estate. 

Posts: 3645
Vengeance

Nice edit.

Ive actually been following the market in Windsor and in MI for about a year now.

A nice fixerupper with tenants could be an affordable alternative to staying stuck in my poverty.

Time will tell.

Posts: 676
Vengeance

I edited it because my mind is wandering so much right now. I couldn't make it sound right and I didn't have the attention span to keep trying. 

10 / 21 posts
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