News for hackers. Stuff that matters.

A comment on House Costs Just $20k-But It’s Nicer Than Yours. Parent comment

Re:House Costs Just $20k-But It’s Nicer Than Yours by kevindong on Thursday August 20, 2020 @09:56PM (#24231177)
> If you go out to the middle of nowhere, you can get huge, and amazing, homes for less that $100k (because no one wants to live there).

In flyover country, the land is pretty close to free and typically you can buy the house at a discount to what it would cost to rebuild the same structure.

[ Parent | on HN ]
Re:House Costs Just $20k-But It’s Nicer Than Yours by rdtwo on Friday August 21, 2020 @11:32AM (#24235706)
Which is interesting because you can’t build a new house for that price in most urban areas even if land and permits were free. The costs of an ADU are typically in the 150-200k range and once you add permits and sewer it’s easily 200+
[ Parent | on HN ]
Re:House Costs Just $20k-But It’s Nicer Than Yours by fred_is_fred on Thursday August 20, 2020 @11:19PM (#24231624)
In the arid west (Colorado) my building permit cost more than the land - and I was in town (30k permit, 20k land). Why? Because the city has to use that money to buy a water right.
[ Parent | on HN ]
Re:House Costs Just $20k-But It’s Nicer Than Yours by olliej on Friday August 21, 2020 @02:01AM (#24232423)
yeah, there are so many amazing houses that I'd love to own, were they not so far from anywhere useful, which is of course why the buildings/land is affordable :D
[ Parent | on HN ]