This builder paid $20 million for the land in December, 2010, and have already sold over 50 homes averaging around $1M each. This site was a pile of rocks three years ago – here’s a tour of the neighborhood now:
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Jim is once again on the cutting edge of real estate service technology. Awesome.
Thanks daytrip! I hope it translates.
Ahh yes stonebridge estates…18 months ago 5000 sq ft with 1 acre lots were going for $900k…and no one was touching these. Now some of the nicer ones are 1.4+M… The human psyche amazes me….http://www.redfin.com/CA/San-Diego/Undisclosed-address-92131/home/12153099
It is my understanding if you are paid, it’s a “drone”. If unpaid then it’s a hobby craft. Ain’t governments grand?
Yes just another hobby for me, just like the blog.