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eziam t1_j6kpf6z wrote

Looking at Zillow, they are about 800k for 3,000 square feet at far west end (green gate) while there are new townhomes being built on East Main near triple crossing 840k for 2,300 square feet. So you get to live downtown with bad public schools vs suburb hell with better public schools.

What's special about any of them? Supply and demand. These aren't being bought by college grads or working class people from house poor areas. These are being bought by people from other places that sold their shitty townhouse/house for a million and get to buy a brand new place for less.

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C-C-Top t1_j6kqa1u wrote

hopefully this market crashes soon and makes some of them more affordable

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Hiltson87 t1_j6kr22e wrote

Location. They're cheap shitboxes otherwise. Worked on most of them, they're definitely not worth the price as far as the construction goes. They're $100k shitboxes on $700k worth of land like everything else new out in Short Pump and Goochland.

Fun fact, the original section you can hear the pipes rattle against the studs if your neighbor takes a shit in their 3rd floor half bath because the plumbers didn't strap any of the plumbing to the framing.

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Hiltson87 t1_j6krlk1 wrote

Off the top of my head that I can remember, there's a few members of the family that used to own Eagle, a Federal judge, some VP for Six Flags, and one of the Silva guys from UFC have homes there, want to say it's Joe Silva but I can't remember.

Vast majority of customers I dealt with that lived there were 50+. That neighborhood was also by far the biggest of the asshole homeowners of Eagle's neighborhoods.

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gracetw22 t1_j6l4o9k wrote

Of the people I’ve worked with who had any interest in greengate or similar it was mainly empty nesters who wanted to stay in the same footprint and not have to maintain a big house/yard anymore. Similar to gayton square/ condos on libbie/etc

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bkemp1984Part2 t1_j6ljt01 wrote

Jesús, why invest in the long term viability and safety of the most important system in a house when you can, what, leave off a few $2 pieces of hardware?

I agree with the other poster, AMA time for you. Or at least throw me a couple good tidbits about places like that

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Hiltson87 t1_j6mj6jm wrote

Yeah, guy was head of global development or something along those lines. Didn't matter where he lived.

A lot of those aren't people's primary residence either. Like the Silva guy I know didn't live there full time. He was only here a few times a year because he owned a restaurant here.

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Sunf1re96 t1_j6mjq7k wrote

Because it's the best of Richmond west of Richmond

/s

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Lucky_Locks t1_j6mtjlw wrote

Probably taking advantage of the people moving down from NOVA that every news site keeps talking about.

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StarGraz3r84 t1_j6n8xne wrote

If people would just stop buying the damn things.....

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Antique-Zucchini3250 t1_j6nf8ek wrote

If the market crashes, most of us (probably you included) won't be able to afford a house, it will just be a bunch of wealthy people who survived the crisis and swooped down to buy the property for a profit, again.

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sevenbee t1_j6nobhk wrote

i've always assumed their targeted at people moving from nova, not residents.

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notnot_athrowaway t1_j6ogw3k wrote

Haven’t been in any homes in Greengate, but I’ve worked on over a hundred in West Broad Village. If they’re cut from the same cloth, which I believe they are, they’re absolute garbage even by new construction standards. Excessive moisture issues, terrible air balancing between floors, undersized duct work, and overall shitty construction. I believe they’re all plumbed in CPVC, which is gonna be interesting in the next 5-10 years as hot water pipes start to crumble away in the walls and bulkheads. I just don’t get what people see in that area.

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