They’ve been tearing down the older houses in my neighbourhood and putting up tons of infills. They start at over a million. It’s ridiculous. I couldn’t afford to live here in any way if I had to buy now. These are not huge houses either.
I had a mate (now deceased) in Charlotte NC, who made a darn good living tearing down perfectly good older homes so Mcmansions could be built on the lots.
As we speak, my little brother is having trouble selling his for the 800+K he was asking. Last I heard he was down to 750K and not even a nibble. I reckon 650K is where he needs to be on it, maybe a 600K sale. --I would not give 300K for it. lol