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Old 04-09-2007, 21:22   #31
Eric
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Re: Exciting New Development

Quote:
Originally Posted by garinda View Post
I don't know the exact figure, but the average cost of a terraced house in Hyndurn is now over £100,000.

So with the all the building guarantees that these apartments come with, meaning they'll be maintenance free for at least ten years, plus all the extras, such as white goods etc, the price isn't really that exorbitant.
Ok, when you put it in that kind of perspective, it really is not all that exhorbitant. I guess that in general real estate is more expensive. Makes some sense when you consider that land for building is at a premium because of the relatively small size of the island and the relatively large size of the population. I know of a house similar in size to mine in the Village of Battersea about 40k north of hear which has a price tag of only $60,000 and it sits on about an acre of land.
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