"Dr. Zoidberg - RIP Oppo" (thetomselleck)
10/16/2018 at 15:11 • Filed to: guess that price, houses
0
30|
"Dr. Zoidberg - RIP Oppo" (thetomselleck)
10/16/2018 at 15:11 • Filed to: guess that price, houses | 0
| 30 |
Eastlake, Seattle. Duplex, 1700 sq ft, 2 bedrooms, 2.5 baths. Can’t get much closer to the water. What is That Price?!?
(yes, price per unit)
MasterMario - Keeper of the V8s
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:14 |
|
More than $ 10
|
Dr. Zoidberg - RIP Oppo
> MasterMario - Keeper of the V8s
10/16/2018 at 15:15 |
|
Canadian or US?
facw
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:16 |
|
Let’s say $1.3 M?
HammerheadFistpunch
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:17 |
|
$450,000
|
Dr. Zoidberg - RIP Oppo
> facw
10/16/2018 at 15:17 |
|
That is a quality first stab, you're not too far away
|
Dr. Zoidberg - RIP Oppo
> HammerheadFistpunch
10/16/2018 at 15:18 |
|
dtg11 - is probably on an adventure with Clifford
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:18 |
|
$1.5 mil per unit
|
Dr. Zoidberg - RIP Oppo
> dtg11 - is probably on an adventure with Clifford
10/16/2018 at 15:20 |
|
Close enough. 1.6MM
Congrats!
Turbineguy: Nom de Zoom
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:27 |
|
Now - how much is flood insurance?
:
:
s
h
u
d
d
e
r
:
:
Future next gen S2000 owner
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:27 |
|
1.6M M - What do I win? Gib moneys now!
Ash78, voting early and often
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:28 |
|
Is being close to the water a good thing? I mean, if you’ve got a boat slip/dock, or if there’s recreational access, sure. But otherwise water around seawalls is just little eddies full of cigarette butts and pieces of old fishing nets. This is universally true.
The power lines in the view should knock the price down 20%. Ideally.
jasmits
> MasterMario - Keeper of the V8s
10/16/2018 at 15:28 |
|
Well crum, guess it’s out of my budget
feather-throttle-not-hair
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:30 |
|
The answer is “I’m going to be renting my whole life”
Highlander-Datsuns are Forever
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:31 |
|
It’s so out of control I can’t even fathom. In whitefish with a view of the lake that would be $400,000. In SF that would be $
1 to 2m.
|
Highlander-Datsuns are Forever
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 15:32 |
|
Have you ever contemplated what the property taxes on a $1m+ property would be? Even if you could afford the mortgage of $5k/month you still have >$1,000/month in taxes alone....
|
facw
> Turbineguy: Nom de Zoom
10/16/2018 at 15:38 |
|
Flood insurance is cheap because someone decided it would be good for the government to subsidize people’s poor housing location choices.
|
Turbineguy: Nom de Zoom
> facw
10/16/2018 at 15:50 |
|
M
y
l
a
s
t
h
o
u
s
e
w
a
s
a
m
i
l
e
f
r
o
m
L
o
n
g
I
s
l
a
n
d
S
o
u
n
d
a
n
d
b
o
r
d
e
r
e
d
a
s
a
l
t
w
a
t
e
r
m
a
r
s
h
i
n
b
a
c
k.
O
u
r
f
l
o
o
d
i
n
s
u
r
a
n
c
e
w
e
n
t
u
p
f
o
u
r
or five
t
i
m
e
s
i
n
t
h
e
7
y
e
a
r
s
w
e
l
i
v
e
d
t
h
e
r
e
;
w
e
n
e
v
e
r
h
a
d
a
c
l
a
i
m
a
n
d
t
h
a
t
n
e
i
g
h
b
o
r
h
o
o
d
h
a
d
n
’
t
f
l
o
o
d
e
d
i
n
5
0
y
e
a
r
s
b
u
t
w
e
w
e
r
e
s
t
i
l
l
p
a
y
i
n
g
a
l
m
o
s
t
$
3
k
a
n
n
u
a
l
l
y
f
o
r
c
o
v
e
r
a
g
e
.
S
u
r
e
a
s
h
ell nobody was subsidizing my insura
n
c
e
.
.
RPM esq.
> Highlander-Datsuns are Forever
10/16/2018 at 15:53 |
|
The market price does not always reflect the appraised value for tax purposes, especially for multifamily properties like this one, but it would certainly be a significant expense.
|
MasterMario - Keeper of the V8s
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 16:29 |
|
Australian
|
facw
> Turbineguy: Nom de Zoom
10/16/2018 at 16:30 |
|
$3000/year might still have been below market . It sounds like a lot, but when you consider the damage done by a 100-year flood, it could easily exceed $300k on a lot of houses (no idea about yours).
In any event, FHIP has been paying out far more than it has been taking in. Pretty much every source believes its rates are wrong, but Congress doesn’t want angry constituents who suddenly have to pay a lot more. It does also overcharge lower risk properties to help cover the cost of higher risk properties (which may be happening to you), and obviously that is counterproductive as well. Proper pricing of that risk would lead to smarter decisions as to where to live. Ideally you wouldn’t have the government doing this at all, you’d just mandate that people have flood insurance (at least in 100 year flood area), have penalties (high enough to make sure people bought insurance), and let the market sort it out. Of course that’s basically the insurance model Obamacare operates under, and you can see how the Rs reacted to that.
The Dummy Gummy
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 19:14 |
|
$1,600,000
|
Dr. Zoidberg - RIP Oppo
> Future next gen S2000 owner
10/16/2018 at 19:20 |
|
No
|
Dr. Zoidberg - RIP Oppo
> Turbineguy: Nom de Zoom
10/16/2018 at 19:22 |
|
That’s the Puget Sound right there... No flood.
shop-teacher
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 23:08 |
|
Read the comments for the answer, but cannot wrap my head around it. What the hell do all these people do for a living?
|
Dr. Zoidberg - RIP Oppo
> shop-teacher
10/16/2018 at 23:12 |
|
Fintail would have his canned reply about techies, trusties, offshore dirty money, and speculators ... But the real answer is techies, trusties, offshore dirty money, and speculators.
|
shop-teacher
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 23:30 |
|
Batshitcrazypants.
Fintail also seems to think housing design/quality is uniquely bad in the PNW, despite my assurances that it sucks everywhere.
Love that guy though. I've scored some killer deals from him on cool old diecast cars on LaLD.
|
Turbineguy: Nom de Zoom
> Dr. Zoidberg - RIP Oppo
10/16/2018 at 23:41 |
|
It’s tidally influenced. How is it floodproof?
|
Dr. Zoidberg - RIP Oppo
> Turbineguy: Nom de Zoom
10/17/2018 at 00:21 |
|
Well these duplexes are 20' above sea level so I'm not that worried...
RooseveltDad
> Dr. Zoidberg - RIP Oppo
10/17/2018 at 01:52 |
|
Friends of mine looked at one of those. Very nice. Hey could have, but didn’t.
If you’re running around Lake Union you go right past them.
pip bip - choose Corrour
> Dr. Zoidberg - RIP Oppo
10/17/2018 at 06:29 |
|
$1.5mil