Track homes why so popular? | FerrariChat

Track homes why so popular?

Discussion in 'Other Off Topic Forum' started by J.P.Sarti, Apr 5, 2006.

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  1. J.P.Sarti

    J.P.Sarti Guest

    May 23, 2005
    2,426
    Here in Vegas they'll put or squeeze 10 houses on an acre here, used to be you would get at least 1/2 acre with a ranch house here in the old areas from homes in the 50s,60s,70s and 80s, seems people wanted some space then and maybe a real yard.

    Are track homes as popular in other areas as well?

    IMO these are basically condos as you can spit and hit the house next door, I guess people will buy anything if you sell and package it right as they are still selling somewhat well though not like at the peak here 2 years ago.

    Cost wise they are expensive as well, not a bagain at all IMO for what you get.
     
  2. Etcetera

    Etcetera Two Time F1 World Champ
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    These are popular in Anchorage, too. Not quite 10 per acre, but pretty bad in a lot of areas.
     
  3. M512

    M512 Formula Junior

    Sep 5, 2005
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    They are building that way here in the Dallas area too. I think it comes down to basic urban sprawl. The builders can put more houses on an acre and make more money or another view would be they can sell more houses, because keeping the land portion of the expense down per house, allows them to keep the new construction price down as they "stamp out" houses, making them more affordable to perspective buyers.
     
  4. J.P.Sarti

    J.P.Sarti Guest

    May 23, 2005
    2,426

    I agree why builders do it, land is their biggest cost but you used to get a 2400 square foot home here for $120k 6 years ago so a track home made some sense due to its cheap price but now the same homes are $300k competing with old homes that have some land to offer with the home.
     
  5. RacerX_GTO

    RacerX_GTO F1 World Champ
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    The more $700,000+ homes they can squeeze into tiny square yards, the higher return.. but at what cost to the mental health to the community? There is something to be said about cramming people and families together. Everyone needs their space, literally.
     
  6. Dubai Vol

    Dubai Vol Formula 3

    Aug 12, 2005
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    Just to be pedantic, they are "tract" homes.

    And yeah, it's pretty awful, but some people don't like yard work. The average lot size in England is 1/8 acre, maybe those builders went there on vacation?
     
  7. M512

    M512 Formula Junior

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    Personally, I like a larger lot, and have been looking for some nice reasonably priced acreage lately (for future building of a home). I grew up in the northeast and the lots in general are bigger there.

    An interesting thought I am having is about Europe. In my experience, they build "villages" that have small lots or "zero" lot line. Then there is open space outside the village. I was actually suprised my first trip over there, how much open space there still was over there. Perhaps there is something to be said for the smaller lots.
     
  8. UroTrash

    UroTrash Four Time F1 World Champ
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    It's the commoditization of the American Hyper-consumer.

    Cookie-cutter houses for cookie-cutter people living on the edge of a financial cliff, one pay check...one interest rate increase from disaster; who have to drive showy SUVs, financed of course, and shop at the newest malls.

    Urban sprawl populated by hollow people with banal, meaningless lives seeking affirmation with cheap and trendy products produced by a soulless mega-corporations funneling money to the corporate officers who do not live in such houses.

    Do you feel sorry for 8,000 chickens crowded in a 40 by 200 foot chicken house? Feel sorry for those calves kept in 3x 6 foot pens? Fly over any big city and see the real tragedy.

    Have a nice day!



    :):):):):):):):)
     
  9. Dubai Vol

    Dubai Vol Formula 3

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    Look in the southeast. I bought 16 acres of beautiful land for $50K. A nearby plot of 56 acres went for $155K before I could snap it up. Listed one day sold the next. Darn!

    I lived in a village in Germany exactly like that. Everyone lived close together but the village was surrounded by farmland and forest. So we could all walk to all the stores and restaurants in the village, use the single bus stop to commute to anywhere, and still had open land all around us. Nice.
     
  10. LMPDesigner

    LMPDesigner F1 Rookie
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    Nov 5, 2003
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    It's big in Atlanta too. I talked to my estate agent when looking for a house (1999) about it and was told that these "tract" houses were the preferred choice for 85-90% of her clients. They liked them because:

    1.) No yard work.
    2.) No trees so no leaves in gutters
    3.) They get a "big" house, ie, they spend % more on house than land.
    4.) It is close to road so everyone can see "their" home.
    5.) they can feel comfortable with the neighbors. I guess this means that they all expect everyone else to be just like them.


    What is amazing is that these paces continue to go up in value. I have the opposite, so to speak-I have a 1-ish acre lot full of trees, etc. The whole neighborhood is like that and each house is different in layout and looks. I have trees so close to the home that squirrels can jump onto roof from overhanging branches. It is very quiet, the neighborhood has a wide mix of types, etc.

    So you figure a high demand area right?, well the next neighborhood, a bloody tract land outsells us probably 2-1. Go figure!!!
     
  11. jsa330

    jsa330 F1 World Champ
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    Our neighborhood association here in Lake Highlands successfully lobbied against a 10 detached-house-per-acre development on an old church property; they're going back to the drawing boards to get 5 or 6 much more expensive houses per acre...I still cringe at the thought of what's probably going to get built, from a critical architectural POV. But, at least this is inner-city, the land is $$$, and the buyers will be longterm "endusers" that will maintain them well.

    The sad thing about neighborhoods like Dr. Uro dramatically described is that they're throwaway...I was in an area of north Plano recently...houses probably 10-15 years old, decent design and construction, brick exteriors, rear garages, single family lots, maybe 50x130...and the whole area had an air of neglect and abandonment. Obviously they were originally occupied by firstime buyers and now house transient owners and renters. The big surprise for me was to see such a relatively closein and well located area gone to seed so quickly.

    Yeah, the tract builders really hype the "lifestyle" they're offering...come back 5 years later and check it out.
     
  12. Wyatt

    Wyatt Formula Junior

    Jan 21, 2005
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    Well put!!! This seems to be the "biggest bang" for 1st time home buyers in Washington/Oregon as well. Tract shack builders will sell their souls to stir up some "luxury living" feel in there developments! But what does happen to these poorly built homes in five years??? Vinyl siding/Formica counters...one should dare to dream!!! :)
     
  13. Meister

    Meister F1 Veteran
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    Both well put.

    Most people don't have many options these days.

    1. They don't have the $ or the credit to pay custom build/land prices.
    2. They don't have the time/money or ability to take on a fixer-upper that they might be able to put more equity into.
    3. Banks like nice, new, no stories, non-money trap homes (for now)
    4. People have lower standards these days
    5. It's easy
     
  14. Whisky

    Whisky Three Time F1 World Champ
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    What's wrong with vinyl siding ?
     
  15. Stephanie

    Stephanie F1 World Champ
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    They're popular in some of the newer developments. There are less expensive subdivisions in my development that have them but I wouldn't want to live in one. It's kind of weird if you ask me.
     
  16. jsa330

    jsa330 F1 World Champ
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    Nothing, if properly applied and combined with other materials in a reasoned way: constructionally sound and aesthetically appropriate and pleasing.

    The problem is that the tract builders just slap it on every surface after they've met their quota for exterior brick-veneer square footage, and don't pay attention to detail, correct weathersealing and mating with other materials, etc.
     
  17. Buffarino

    Buffarino Guest

    I know this is f-chat and all, but not everyone can afford a nice home on 1/2 acre or more, especially in places like Vegas where home prices have skyrocketed the past few years.

    That's why they build them.
     
  18. Wyatt

    Wyatt Formula Junior

    Jan 21, 2005
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    Nothing "wrong" with it...it just fit with the joke. :) Didn't mean to offend...



    RK
     
  19. J.P.Sarti

    J.P.Sarti Guest

    May 23, 2005
    2,426
    Thats the point you can get many older homes with a 1/2 acre in Vegas in older areas for the same price as a new $300,000 tract home with the same square footage, the tract homes are usually 2 story the older homes ranches and single.

    Why do people buy into these places where you can look out your window and hear/see your neighbor 5 feet away, I know they use computers to get the most houses per ft of land and try and put the windows on each so they don't line up but you can hear your neighbors easily, everyones is everyone elses business as well you have no privacy.If people didn't buy them they wouldn't build them like this.
     
  20. parkerfe

    parkerfe F1 World Champ

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    I have always been perplexed by those that move to the suburds only to buy a big house on a small lot. I for one would much rather have a small house on several acres...in fact, I'de rather have a shack on several acres than a mansion on one...I have been blessed enough to have both a nice house and several acres which my family enjoys....my childrens could never now live in a neighborhood of houses even on 1 acre lots! When they spend the night with friends in such neighborhoods they always come back home and comment how they feel sorry for their friend as they have no woods to play in or no creek to splash around in or no trails to ride the golf cart on...or no deer, raccoons or other wildlife to marvel over... They're is nothing like having the privacy of not being able to see another house nor your neighbors being able to see yours. If you don't want acrerage, just stay in the city and buy a condo...everyone moving to the suburds just to live in a box on 1/3 acre is what makes traffic so terrible every day.
     
  21. Stephanie

    Stephanie F1 World Champ
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    I'm buying a condo if anything.. no yard maintenance or bs. I'm a single girl, I don't need to worry about lawn care or having a huge place to myself. :D
     
  22. Juice It

    Juice It F1 Rookie

    Sep 22, 2002
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    We have what you would call no lot homes priced all the way up to the millions and the reason people move in them is they are closer in, they have new useable floorplans instead of closed up old styles and have you looked at the inside of a 30 year old house that has not been redone lately? It is just as easy to buy a lot and build a new house. Many people also want an association to help keep the neighborhood looking good which didn't exist in many older communities. Some people don't like it when their neighbors park boats etc. in the yard. Land is nice but I would rather live in a nice house on a small lot than a crappy house on a large lot.
     
  23. parkerfe

    parkerfe F1 World Champ

    Sep 4, 2001
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    Not I...you can always remodel an old house, which are almost always built better than newer houses,or you can tear down or move and sell an old house and build a nicer house on acreage, but you can never build more acreage around a nice house...last time I looked, God ain't making any more land...
     
  24. JTranfield

    JTranfield Formula Junior

    Dec 29, 2003
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    Well said, here in Atlanta the smart money is either remodeling or tearing down with the same intent. A better lot in a better location.
     
  25. Buffarino

    Buffarino Guest

    All things being equal, I agree. If I had the choice of a 2000 sq ft house on 1/2 acre or a 3000 sq ft house on .1 acre, I'd go with the bigger lot. But around here, that's usually not the case.
     

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