Draconator Posted May 6, 2022 Posted May 6, 2022 by $100K Not a bad looking place though https://www.redfin.com/NY/Buffalo/29-Ojibwa-Cir-14202/home/73185056 Quote
Buffalo716 Posted May 6, 2022 Posted May 6, 2022 Or the entire market is oversaturated Beautiful condo Not paying that much 1 Quote
Draconator Posted May 6, 2022 Author Posted May 6, 2022 5 minutes ago, Buffalo716 said: Or the entire market is oversaturated Inventory is sooooo low right now it's down right crazy. Yet I would agree that this may be overpriced. 1 Quote
Buffalo716 Posted May 6, 2022 Posted May 6, 2022 (edited) 5 minutes ago, Draconator said: Inventory is sooooo low right now it's down right crazy. Yet I would agree that this may be overpriced. The market in the city is overpriced and houses are selling on the spot My house just got appraised almost 2.5x the value I bought it at 15 years ago They want my taxes to increase .. nice house it's not worth what they say Yeah if you want to sell it's good.. I don't want to sell and they want to raise my taxes substantially Every house is going way over what it was 2 years ago in buffalo Whether it's Lovejoy, Sloan , cheektowaga or downtown market is insane and tons are selling Edited May 6, 2022 by Buffalo716 1 Quote
Draconator Posted May 6, 2022 Author Posted May 6, 2022 2 minutes ago, Buffalo716 said: The market in the city is overpriced and houses are selling on the spot My house just got appraised almost 2.5x the value I bought it at 15 years ago They want my taxes to increase Yeah if you want to sell it's good.. I don't want to sell and they want to raise my taxes substantially Every house is going way over what it was 2 years ago It's overpriced everywhere. Houses listing for $175 are going for $250K and over. They're appraising for that much also. Quote
Buffalo716 Posted May 6, 2022 Posted May 6, 2022 1 minute ago, Draconator said: It's overpriced everywhere. Houses listing for $175 are going for $250K and over. They're appraising for that much also. Most houses around the city are selling super fast I know a bunch of people who just left Lovejoy and sloan and the east side And their houses sold instantly above value... Market is crazy! Quote
Draconator Posted May 6, 2022 Author Posted May 6, 2022 Just now, Buffalo716 said: Most houses around the city are selling super fast I know a bunch of people who just left Lovejoy and sloan and the east side And their houses sold instantly above value... Market is crazy! My wife and I are realtors. We put bids in on houses $60K over asking. There are over 70 bids on the same house and the $60K over asking bid falls in the middle of the pack. Seller? This market is perfect! Buyer? Keep putting the bids in. One is bound to be accepted. 1 1 Quote
Buffalo716 Posted May 6, 2022 Posted May 6, 2022 2 minutes ago, Draconator said: My wife and I are realtors. We put bids in on houses $60K over asking. There are over 70 bids on the same house and the $60K over asking bid falls in the middle of the pack. Seller? This market is perfect! Buyer? Keep putting the bids in. One is bound to be accepted. Good advice and that's insane! 1 Quote
SoTier Posted May 6, 2022 Posted May 6, 2022 8 hours ago, Draconator said: Inventory is sooooo low right now it's down right crazy. Yet I would agree that this may be overpriced. The market for $1million+ condos in downtown Buffalo is probably much smaller than the market for $250K condos, and certainly much smaller than $1 million+ single family homes in the city and suburbs. 1 Quote
BillsPride12 Posted May 6, 2022 Posted May 6, 2022 I know this is just heresay but I read somewhere on Twitter that Eichel was so disliked by his Sabres teammates that there is an unwritten rule in the locker room that none of the players can buy his house. Who knows if that's a real thing or not but interesting to see this after just reading that a couple days ago. Quote
Draconator Posted May 6, 2022 Author Posted May 6, 2022 (edited) Just now, BillsPride12 said: I know this is just heresay but I read somewhere on Twitter that Eichel was so disliked by his Sabres teammates that there is an unwritten rule in the locker room that none of the players can buy his house. Who knows if that's a real thing or not but interesting to see this after just reading that a couple days ago. True, and $1 Million homes (Single Family or Condo) attract a very specific type of buyer in Buffalo. $1 Million Condo's in say Hilton Head gets you about 2 blocks from the beach. Edited May 6, 2022 by Draconator 1 Quote
BillsPride12 Posted May 6, 2022 Posted May 6, 2022 Just now, Draconator said: True, and $1 Million homes (Single Family or Condo) attract a very specific type of buyer. Exactly, normally that's a situation where another player would have most likely bought the property so it makes you wonder if that rumor has some legs to it. Quote
aristocrat Posted May 6, 2022 Posted May 6, 2022 2 hours ago, BillsPride12 said: I know this is just heresay but I read somewhere on Twitter that Eichel was so disliked by his Sabres teammates that there is an unwritten rule in the locker room that none of the players can buy his house. Who knows if that's a real thing or not but interesting to see this after just reading that a couple days ago. Man, this kid just does not have a great rep. He's gonna need to do a real look in the mirror if he wants to change his career. 1 Quote
ExiledInIllinois Posted May 6, 2022 Posted May 6, 2022 2 hours ago, BillsPride12 said: I know this is just heresay but I read somewhere on Twitter that Eichel was so disliked by his Sabres teammates that there is an unwritten rule in the locker room that none of the players can buy his house. Who knows if that's a real thing or not but interesting to see this after just reading that a couple days ago. Hockey players are very superstitious too... Why buy that Mass Hole's house... Doom their career. That's why nobody is breaking their neck to buy it. 1 hour ago, eball said: Sweet digs. Yeah, from May to October. Should be worth half that as a summer home. Call me in late December before the Lake freezes over. 😉 Quote
BillsFan4 Posted May 6, 2022 Posted May 6, 2022 2 hours ago, BillsPride12 said: I know this is just heresay but I read somewhere on Twitter that Eichel was so disliked by his Sabres teammates that there is an unwritten rule in the locker room that none of the players can buy his house. Who knows if that's a real thing or not but interesting to see this after just reading that a couple days ago. I heard the same thing. 1 Quote
ExiledInIllinois Posted May 6, 2022 Posted May 6, 2022 $100k is only under 10% discount. Would you feel like you got a deal @ the grocery store if you used a 10% off coupon. Maybe... But 20-30% is nicer! That's a deal. That condo ain't worth a million or more... Not even close. What a joke the market is. Again... Half the year you'll be shivering down there... Quote
BillsPride12 Posted May 6, 2022 Posted May 6, 2022 1 hour ago, ExiledInIllinois said: Hockey players are very superstitious too... Why buy that Mass Hole's house... Doom their career. That's why nobody is breaking their neck to buy it. Yeah, from May to October. Should be worth half that as a summer home. Call me in late December before the Lake freezes over. 😉 My interpretation was that he is just such a prick that they want him stuck with having the financial burden of it lol...but you could be on to something there too 1 Quote
ExiledInIllinois Posted May 6, 2022 Posted May 6, 2022 (edited) 9 minutes ago, BillsPride12 said: My interpretation was that he is just such a prick that they want him stuck with having the financial burden of it lol...but you could be on to something there too Eichel coming up w/$1.1 million is like me scratching up a $1,000 for my auto deductible. Really no financial burden though, just icing on the cake. Edited May 6, 2022 by ExiledInIllinois 1 Quote
Nextmanup Posted May 6, 2022 Posted May 6, 2022 I didn't realize there were $1.2 million townhouses in downtown Buffalo. I always wondered where he chose to live given his need to constantly get downtown to the arena. I think most of those guys tend to end up way out in Clarence, however. 2 Quote
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