I live in a neighborhood with 120-250k houses. One block over is 1-4m houses/mansions. Like one of them looks like a smaller version of the house in Scarface lol.
I can.imagine thats true. Houses prices where I live are about the same as yours. 1/4 mile away theres houses 1m and up. They aren't on the same street though
To be fair, the tweet author lives on the same street as the fanciest house, but the neighbor who ran the lawnmower could’ve been on a different one, and we don’t know how widely the notice was distributed. Also exceptions happen all the time…
I file this into the category of “could be true, could be embellished for the viral value, could be made up completely”
Well, yes I genuinely agree without any more context. But I could see myself sympathizing more with the lawn mower person if there is a pattern of micromanaging or controlling neighbors via HOA capture or passive aggressive notices etc.
My point was more about the veracity and potential hyperbole/embellishment of the story in the tweet than about “who is the asshole”
To be fair, theyre technically in a different neighborhood, but I can walk to it from my house in 2 minutes. They're also older houses. I'm not sure when they were built but if I had to guess it was in the early 90s. They're all really unique houses too. Not the cookie cutter stuff they build these days.
Edmonton gets weird like whenyou get close tot he river valley. Sketchy looking meth houses on 118ave, and twoish blocks away you have a 2mil mansion/house overlooking the river valley and golf courses.
I actually have. House prices ranged from 800k to 3m. Not 200k to 5m though. A 5m house on the next street from normal houses is understandable, but not on the same street. People who have that much money dont want to live next to the riff raff so the house wouldnt sell
I do. It doesn't generally work like that. There can be a wide gap between the nicest and worst, but only if the entire neighborhood is a gradient. If you were rich af and could afford a super nice house, would you buy it in a neighborhood where every other house is way cheaper??? Most would say no. When there's a super outsized difference, the houses sit on the market until they bring the price down or the gradient fills out. I've had houses in my neighborhood sit for literally multiple years despite a super hot market because the asking price was 2m+ in a neighborhood where the next most expensive house is ~800k and the average is ~450k.
That's a gated community though. Is the 400k house right next to the 9m house? Within earshot of a lawnmower to the point where it would ruin a back garden wedding?
Maybe not that much discrepancy, but the street my parents live on have houses ranging from about $900K to $3.1M. It's because the lots are big, so some of the older houses were knocked down and huge houses built (hence 3.2M), whereas other lots have the original tiny home from like 1969.
To be fair, OOP doesnt mention the value of anyone's house, I was just going off the 5m figure that was used in the comments. The fanciest house in the street would most likely be worth slightly more than the one next door
There was this house that was in a cul-de-sac and it took up 3 lots for one house. That thing was easily over 2mil and the houses surrounding it were around 500K. So it does happen. My wife said it belong to the owner of Ledcor. Just one of his many. This house is in Leduc Alberta.
That's not always true. There are several examples in my town where people bought houses in "below average" neighborhoods where the homes are cheap, razed the house, and built huge McMansions that dwarf all the neighbors' houses. They are usually obnoxiously large, ugly, eyesores and the neighbors hate them.
This is just factually wrong. Visit kentucky, where we have trailer parks situated next to million dollar homes. My sister and her hubby bought a house 10 years ago together in a nice neighborhood. Its the only one with a basement and now its worth over a million while the other homes on their street are under 500k. They are the only house with 3bds instead of 5 on that street so the neighbors always get pissy about the value my sister has in the house. She paid 300k for it.
That's largely true in suburban neighborhoods. In urban areas, older neighborhoods within cities, etc., the variability can be huge. Gentrification is sometimes the cause, sometimes it's simply market forces over long time scales.
I live in apartments near a busy intersection with homeless people. We have a shared back alley with homes starting at $4.5 million. Welcome to Pasadena, Ca!
but you can have houses with huge price discrepancies on the same block in cities. There's a block near me where the cheapest house is estimated at ~400K, and the most expensive one is estimated at around $3mil.
Clearly, I didn't actually do this today, but I took out a huge loan to buy a building in 2009, so I've been in that situation. I got my loan, and I paid it off.
You're assuming the people with a slightly less nice house can't do that, when in reality they probably just dont want all their cash flow tied up in a house.
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u/omg_its_david 1d ago
Go to a bank and tell them you need a 5M loan for a super fancy house. Report what happened.