Friday, December 01, 2017

Peak Trophy Property?






We considered buying this property in 95-96 and building. Look what happened to it since.What kind of insanity took hold that someone paid $799k in'04?

82 Lopaco Court 93010


53 comments:

LBD said...

It was all about how much a month and house prices never go down, 6 months and you will a hell of a profitable ATM. LOL!

Lawyerliz said...

Is that the one with the pool?

Lawyerliz said...

My house with 2 1/2 acres and a pool, cost 164k plus 30 k repairs. In 1996. I don't think it ever went anywhere close to underwater. Want to spend another 40--50k, BUT I CAN'T FIND A CONTRACTOR.

Lawyerliz said...

When do unemployment rates come out?

Rob Dawg said...

No, the EMPTY lot.

Lawyerliz said...

Friday, December 8.

Lawyerliz said...

Hunh? Well. I guess it is is a pretty big lot

Lawyerliz said...

It has all that grass. . .

Rob Dawg said...

1.14 acres. There is an equestrian easement and some unbuildable land in that.
The lot line offsets also subtract where needed most.

Lawyerliz said...

I once had a lot.line dispute involving one inch.

Rob Dawg said...

OT. We went to"Murder on the Orient Express" last night. Throughly satisfying. Kenneth Branaugh is a genius of Orson Wells caliber. Of course we went for free. Used a coupon for donating blood.

Lawyerliz said...

The surveyor made the inch go away.

Think we'll see the ovie. Read the book decades ago. I Think I rembet the solution. I won't tell.

Lawyerliz said...

Some People have too much money. Many don't have enough.

LBD said...

Many won't invest in their selves and have what they deserve.

Lawyerliz said...

Many of them are undeserving heirs.

Lawyerliz said...

Are the fires still burning?

Lawyerliz said...

Pence,.obstruction of justice too? Want to hide under the bed again.

LBD said...

How and who decides who is deserving? If they are not then are generally written out of a will. I should be the one who decides the fate of my efforts left behind. IMO

Lawyerliz said...

Sure. Might not do the recipients good though. Has nothing to do with deserving.

LBD said...

If they where not raised to understand money then yes. Parents job is not always simple or successful.

Lawyerliz said...

Basically many want to look rich more than actually being rich. To do both, you have to be really rich

Lawyerliz said...

And good morning.😀 all.

LBD said...

Good Morning!

Access to credit can make any middle class look rich until the bill comes due. Sad thing is being cheap only last for a short time. Usually the concept never goes away but Like me you excel in your income and become extravagantly cheap. Lot of fun and satisfying. :)

Lawyerliz said...

Remember aspirational buying? I like traveling eating out and having household help. More here is better. And shoes, I confess, shoes.

Lawyerliz said...

I never collect coupons,almost never look at prices at the grocery store. Worry that I spend too little at having fun.
It looks like the damned tax bill will pass.

LBD said...

Then you are happy with your wealth and take comfort in not worrying about pennies.

They need to follow through with spending reductions. I doubt that will happen, T will try.

Lawyerliz said...

Do you think they should give the big corporations the tax cut? With the budget busting implications? It won't pay for itself---that only happened once,.but they say it every time.

LBD said...

We lost our country years ago. IMO Global economics confuse everything for the average person. My guess is it might bring money back maybe some jobs but job elimination has started and no one knows where that is going. Let's import more poverty, that will fix it!

Lawyerliz said...

Well, exporting know-how to China.sure doesn't help.

Lawyerliz said...

Who is gonna pick the.veggies?
Maybe machines? Americans refuse. How much pay would suffice to get them out there?

LBD said...

Picking veggies is not the problem. Many can right now be machine harvested. Bracero program should be reinstated solving that problem. Lazy Americans should return to work projects for welfare. Welfare should be taxed as all citizens need to share the burden. Won't happen,IMO.

China is not stupid, same a Japan, S.Korea, etc. We gave the country away for nothing, very hard if not impossible to get back.

Lawyerliz said...

We don't have to give any new stuff away. And if they have we should try to steal it, like we did silk and gunpowder.

Lawyerliz said...

Wifely duty: cleaned kitchen.

Lawyerliz said...

What would dawg or anybody else pay for the lot?

Rob Dawg said...

I didn't pay $180,000 back in '95. That someone did pay $799,000 is why I made this post. Now? No thanks. Better deals everywhere.

LBD said...

You can pay as much as they will lend and we know how that worked out.

Unknown said...

Infill lots always have problems. If it was easy to build it would already be developed. I love doing engineering on sites that are 60% easements, floodplain, and adverse slopes. Sellers just see the average and location and think it's worth something.

LBD said...

I love selling easements to the Highway and electrical departments. Especially when the dump a huge transformer and hook it up in the wrong place. This was CRE not RRE.

Lawyerliz said...

A park perhap?

Lawyerliz said...

There is an article in Scientific American about smokey wine and a possible chemical cure.

Lawyerliz said...

Now, reading about Trump is making me nauseus. I usually like following politics. And remember this tax bill will add at least a trillion to the deficit.

Lawyerliz said...

There is also a fabulous picture of Pluto. To me Pluto will always m be a planet.

Lawyerliz said...

We have a roofer coming over next week for an estimate. Yay.

Cinco-X said...

Any experience with soil nailing?

Cinco-X said...

A cure for the Smokey flavor, or a cure for something else?

Cinco-X said...

Try smoking a little marijuana before you read

LBD said...

Good Morning!

Almost done digging a 50' trench 2' deep then lay cable and RV post. Retirement isn't easy. LOL!

Rob Dawg said...

Mrs Dawg has my "list" for the day. Lots of shovels and ladders and stuff involved.

Rob Dawg said...

LBD. Let this voice of experience make a suggestion. Since you have a trench. 50' is $40 of one water pvc and one electrical pvc run. No one ever has said "i regret having laid those pipes in advance."

Rob Dawg said...

Liz. UE report is Friday.

LBD said...

Thanks RD, I have already ran the others this is the last one I do and one more up a steep hill under a retain wall. I known big boulders stopped the power main coming in and they went ridiculously deep. Maybe replacing the pole works out better. Cost to be determined. I used the skidsteer and one fork till I hit 12" tree roots then by hammer drill and shovel. Like I always seem to say this is the last one I do. :)

Rob Dawg said...

Newpost.

Unknown said...

You mean soil retention blankets for erosion control on the slopes? Either that or we terrace with walls.