masonbrit t1_j4v53vy wrote on January 18, 2023 at 2:04 PM

Reply to comment by MiloAshworthy in Living in the City of Richmond by CrossFitPotter

Its wild reading the first half of this and then seeing a developer is trying to sell a house on pink for $700k

MiloAshworthy t1_j4v5zf3 wrote on January 18, 2023 at 2:11 PM

There are a handful of houses in church hill that I think are well worth 700k, but they all have been renovated in and out, have yards and garages. Those are few and far between in church hill though.

Instead they slap new siding on a house that's tilted to the side and cash out for 400/500k

masonbrit t1_j4v7a2q wrote on January 18, 2023 at 2:20 PM

I agree. There was one on 32nd and clay that was listed at the peak of the housing market for 700 but was also 4200 sqft and in the nicest part of church hill (IMO) that I would say was expensive but worth it if you had the money.

But the one I’m seeing now is one of those that you mention that were going for 400-500 at the peak of the market, not 700K for a 2400 sqft house behind ocean grocery, with no garage, and interest rates at their current level

It looks like they even sold 2 there in the past couple of months for 600k which is just as insane to me.

I very much enjoy living in church hill and have a vastly different experience living here than it seems the person I replied to does, but if I had the money to afford a 700k house I wouldn’t think it was money well spent.