Comments on: Behind the Sale: 52280 Brendon Hills Drive in Granger, Indiana http://www.realst8.com/granger/behind-the-sale-52280-brendon-hills-drive-in-granger-indiana/ Real Estate and Area Information for South Bend, Mishawaka, Granger and Notre Dame, Indiana Wed, 01 Feb 2012 07:56:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BG http://www.realst8.com/granger/behind-the-sale-52280-brendon-hills-drive-in-granger-indiana/comment-page-1/#comment-23061 BG Thu, 24 Apr 2008 19:15:18 +0000 http://www.realst8.crankpin.com/?p=434#comment-23061 I hope you make "Behind the Sale" a regular feature. It would be interesting to see which homes appreciated well and which ones did not. In this case it seems to me that the original buyers overpaid by quite a bit in 1997. $210,000 should have gone a lot further back then. It's tough to say without knowing more about how nice the inside ofthe house is, but a brand new $210k home in 1997 should definitely have had a 3-car garage anyway. I still can't believe that they were only able to get $210 for it this year though. Especially since all of the realtors around here push out-of-towners toward Granger. Maybe NDTom is onto something and the inside decor was really bad. I hope you make “Behind the Sale” a regular feature. It would be interesting to see which homes appreciated well and which ones did not.

In this case it seems to me that the original buyers overpaid by quite a bit in 1997. $210,000 should have gone a lot further back then.

It’s tough to say without knowing more about how nice the inside ofthe house is, but a brand new $210k home in 1997 should definitely have had a 3-car garage anyway.

I still can’t believe that they were only able to get $210 for it this year though. Especially since all of the realtors around here push out-of-towners toward Granger. Maybe NDTom is onto something and the inside decor was really bad.

]]> By: NDtom http://www.realst8.com/granger/behind-the-sale-52280-brendon-hills-drive-in-granger-indiana/comment-page-1/#comment-23055 NDtom Tue, 22 Apr 2008 16:09:22 +0000 http://www.realst8.crankpin.com/?p=434#comment-23055 Looks like the market is returning to "normal". There simply is no housing shortage in our area with plenty of new developments which keep a lid on home prices. It is surprising to see that 10 years later the home is worth less but I'd have to see the conditions and decor to make a judgment. If it needs $20-30K in updates then the price is not surprising but if it was move in ready without issues, the price seems lower than I would have thought. If the house was empty and the owning was funding two mortgages then I can see why they would want to get rid of it. Looks like the market is returning to “normal”. There simply is no housing shortage in our area with plenty of new developments which keep a lid on home prices. It is surprising to see that 10 years later the home is worth less but I’d have to see the conditions and decor to make a judgment. If it needs $20-30K in updates then the price is not surprising but if it was move in ready without issues, the price seems lower than I would have thought. If the house was empty and the owning was funding two mortgages then I can see why they would want to get rid of it.

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