Quote:
Originally Posted by suburbanite
Wow, I'd never explored Bagley before but that is a massive collection of solid pre-war housing stock. How are they so consistently well-maintained when they go for $150,000 on zillow? Apart from the wider streets and more sparse tree cover, they remind me of houses you'd see here in Forest Hill that would easily go for $2 million+.
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Wow, they go for 150k? They went for 30k in the last recession, so huge improvement. But that's after 10 years of record auto industry profits, and tons of "Detroit has turned the corner" hype.
Keep in mind that 150k is a pretty "normal" price for Metro Detroit. A bit on the low(er) end, but a 98% African American neighborhood with high taxes, high crime and poor schools isn't typically gonna have high property values, even if the houses have great bones.
And yeah, Toronto SFH values are insane. I'm blown away by the values in the posh parts along Yonge.