The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Live2Sail who wrote (47171)	1/16/2006 8:28:27 PM
From: ohyeah	Read Replies (2) of 306849

I have a bit more to add to this discussion. I have never been to Burlington, VT so I can't say much on that but I'm sure the winters are pretty long as I have friends from Montreal that fled to San Diego and will never go back. Both Ann Arbor and Charlottesville are IMHO significantly more expansive than CH. Charlottesville has a great setting but the downtown is old with very narrow streets ... nothing like Franklin street in CH. Being closer to DC probably has something to do with the greater expense :) Ann Arbor is O.K. but I frankly wasn't that impressed. It is fairly flat ... at least CH has some hills and some areas with views. The lakes up in MI seem cold even in the summer and well then there is Detroit :( To say CH is more expensive than Raleigh is misleading. What I would say is that Raleigh being a massive city has many tract home developments that are affordable. As some have noted the suburbs like Cary and Apex are quite nice. To get into the older parts of Raleigh (read more convenient in-city locations) is going to cost you. CH is a small town with some high end neighborhoods and some more affordable ones. Even the more affordable ones have a lot to offer like walkability, large lots, free comprehensive bus system, numerous parks and trails, and many large trees. Like Boulder, CH fights large scale developments and is not likely to change quickly. This attitude is starting to drive up prices because there isn't much land left. Many people that live in this area think Chapel Hill is crazy expensive but I think that is due to their perspective perhaps. One final note on CH is that people here put a tremendous value on new construction and "planned communities" (read Meadowmont and Southern Village). So much so that there is a massive price differential between older more established areas (on larger lots with many mature trees) and newer stuff (on California style lots). One exception to this rule is Franklin St. which is prestigious but noisy. Two areas that kinda also have a Boulder flavor but are not really that cheap anymore are Ashland Oregon and Flagstaff Arizona. Both of these cities are college towns but the colleges are not as well known. As far as weather, yes Boulder is better than CH but than again I think San Diego is better than Boulder (opinion). If I was selecting a college town and money was no object I would pick La Jolla (shores or farms), then Boulder. For those on limited budgets I'd pick CH out of what is left.

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