Home values dont scale linearly. A $3 million house is more than 200% better tha
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Date: August 13th, 2026 8:31 PM Author: slate vibrant institution
Than a $1m house
"Once you get past a certain price point, a larger share of the additional money can go into things that disproportionately improve the actual house: custom millwork, better windows and doors, stone and hardwood instead of veneers and vinyl, higher-end cabinetry and appliances, better lighting, more complicated architecture, higher ceilings, better soundproofing, better mechanical systems, and much more expensive finish work.
By contrast, a lot of houses around the $1 million mark, especially in expensive markets, are expensive primarily because of land, location, and square footage. You can end up with a 3,500-square-foot house that still has essentially mass-market construction: hollow-core doors, basic drywall details, commodity cabinets, cheap flooring, builder-grade hardware, fiberglass showers, ordinary windows, and generic fixtures. It is a lot of house, but not necessarily a particularly well-made or luxurious house.
That creates something resembling a threshold effect. Going from $500,000 to $1 million might mostly buy you more bedrooms, more land, or a better neighborhood. Going from $1 million to $3 million can sometimes move you into an entirely different category of construction, where the house is not merely larger but materially nicer at almost every point you touch or see.
There is an important caveat, though: this depends enormously on location. In San Francisco, Manhattan, Los Angeles, etc., another $2 million may mostly be paying for land and scarcity. In a lower-cost market, the difference between a $1 million and $3 million house can be enormous because construction quality becomes a much larger component of the price."
Now rate this 3.5 million dollar house https://www.zillow.com/homedetails/13800-Goodall-Rd-Lake-Oswego-OR-97034/48225148_zpid/
(http://www.autoadmit.com/thread.php?thread_id=5892910&forum_id=2\u0026mark_id=5310893#50066556) |
Date: August 13th, 2026 8:35 PM Author: frum brunch
Higher quality stuff is worth more
News at 10
(http://www.autoadmit.com/thread.php?thread_id=5892910&forum_id=2\u0026mark_id=5310893#50066563) |
Date: August 13th, 2026 8:40 PM Author: Cream gay wizard sneaky criminal
i think that's wrong. 200% better is a lot better. generally residential price-to-value does scale mostly linearly
the price points for high end homes have more to do with inventory than the actual physical qualities of the home, land, location etc. there are only going to be so many high end homes that meet certain criteria in an area. a house can end up significantly more or less expensive than it would otherwise be based on whether or not wealthy people have other options in the area
high end spec builders do a solid amount of research to figure out exactly which features people in an area really want and which are underserved in the area's current inventory
(http://www.autoadmit.com/thread.php?thread_id=5892910&forum_id=2\u0026mark_id=5310893#50066586) |
Date: August 13th, 2026 9:03 PM Author: emerald theater people who are hurt
i don't hate it. for the price it leaves me a bit cold. maybe i am more of an old house guy, not sure.
looks like they just spent a good amount of money on plants, which will look better as they have more time to grow in. as long as things were built right, i mean, it's a lot of square feet and has a lot of stuff. lots of wealthy houses on the street. seems like a higher end public high school in the area, and a south suburb of portland or.
edit: how many months can you use an outdoor pool in portland OR, like 2 or 3?
(http://www.autoadmit.com/thread.php?thread_id=5892910&forum_id=2\u0026mark_id=5310893#50066657) |
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