Last week, I learned that in California, the same 2 BR 2 BA bungalow that costs a ridiculous $300,000 in Gulfport (ok, maybe now $200K since the crash) costs $1,000,099 in Santa Barbara. (But, as a 3 night rental, the price was very fair - and the setting fabulous!)
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It was a great place....and is exactly the type of house you see everywhere in Gulfport..but I think they are down to 100K now......and this once again confirms that old saying "Location, Location, Location".....I wonder what this house would sell for in Grass Valley, Reno, or Flower Mound, or Jacksonville?
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