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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (77438)	5/13/2007 11:26:01 AM
From: Wyätt Gwyön	Respond to of 306849

Same is true for Austin though- Toll isn't building in Tarrytown that I can see. to put it in perspective: Steiner Ranch is in BF Egypt, it can't be called Austin by any stretch of the imagination. if you know where the Oasis is, that's basically where Steiner Ranch is. for some reason lots of people want 4000 sf houses out there costing 600K (a price which could buy you a decent home in-town even today), in exchange for a long commute in terrible traffic with poor infrastructure. there isn't any land in Tarrytown. the land that does come up is existing houses, which people tear down and then build starter castles. i don't see how Toll could be there unless they are into custom one-off jobs. recently the city passed an ordinance limiting the permitted amount of increase in square footage. another thing they are doing in Tarrytown is buying two or three contiguous houses, tearing them down, and building overpriced townhome clusters. i believe Tarrytown is the most ridiculously priced area in all of town. people are paying two or three times the price essentially for the cachet. it's not like in California, where if you pay enough you'd be close to the beach or something. no, you're just close to a Starbucks, LOL. re: airport, see the following. urbanaustin.org