Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Pittsburgh
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-08-2019, 06:53 AM
 
1,524 posts, read 1,333,288 times
Reputation: 1361

Advertisements

Quote:
Originally Posted by gg View Post
Keep in mind, I am comparing Pittsburgh to Pittsburgh only a few years ago. I am not comparing it to the big expensive areas, but we could compare it to other rust belt cities I guess.

If you buy a home around $400K, you are looking at a grand a month in real estate taxes in many areas here. Not a lot of people can afford that.
We could but we should be thankful our prices are nothing like cities like Detroit or Cleveland. We should at least strive to have an average US real estate market, no? That's why I've been comparing Pittsburgh stats to the US average.
Reply With Quote Quick reply to this message

 
Old 05-08-2019, 07:00 AM
 
265 posts, read 152,806 times
Reputation: 374
Quote:
Originally Posted by gg View Post
If you buy a home around $400K, you are looking at a grand a month in real estate taxes in many areas here. Not a lot of people can afford that.
The biggest drawback to Allegheny County, and Pennsylvania in general, right here.

I sold a 4 bed 4 bath 3400 sq ft six year old house in Colorado in 2013 for $405K and my property tax was $1800/yr.

Last edited by amattaro; 05-08-2019 at 07:13 AM..
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:01 AM
gg gg started this thread
 
Location: Pittsburgh
26,134 posts, read 26,168,918 times
Reputation: 17378
Quote:
Originally Posted by PGH423 View Post
We could but we should be thankful our prices are nothing like cities like Detroit or Cleveland. We should at least strive to have an average US real estate market, no? That's why I've been comparing Pittsburgh stats to the US average.
We lost 1/2 our population a few decades ago and the big cities didn't. So I think it is unrealistic for us to have a US average cost of homes at this time. Maybe in a decade or so though, but not yet. Also, we don't have a great location to other cities.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:13 AM
 
Location: Pittsburgh, PA (Morningside)
14,357 posts, read 17,185,029 times
Reputation: 12428
Quote:
Originally Posted by amattaro View Post
The biggest drawback to Allegheny County, and Pennsylvania in general, right here.

I sold a 4 bed 4 bath 3400 sq ft six year old house in 2013 for $405K and my property tax was $1800/yr.
If assessed values continue to rise so rapidly in the city and desirable suburban areas, most of the increase will be canceled out by a drop in the mill rate in the longer run.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:20 AM
 
Location: Mid-Atlantic
12,529 posts, read 17,651,496 times
Reputation: 10639
Quote:
Originally Posted by amattaro View Post
The biggest drawback to Allegheny County, and Pennsylvania in general, right here.

I sold a 4 bed 4 bath 3400 sq ft six year old house in Colorado in 2013 for $405K and my property tax was $1800/yr.
You pretty much described my house in McCandless, only it's assessed at $284,100. Taxes: $6,938.00
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:26 AM
 
Location: Pennsylvania/Maine
3,711 posts, read 2,761,581 times
Reputation: 6231
Quote:
Originally Posted by PGH423 View Post
Those are both beautiful houses.
$349 though is pie in the sky. The listing says "don't fall for a flip" but it looks pretty flipper to me. It's not as nice as the other one that $75k less.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:55 AM
 
Location: Lebanon Heights
807 posts, read 622,994 times
Reputation: 415
Quote:
Originally Posted by zalewskimm View Post
$349 though is pie in the sky. The listing says "don't fall for a flip" but it looks pretty flipper to me. It's not as nice as the other one that $75k less.
If nothing else, what I would love to see (particularly as a Dormont taxpayer) is for the school district to proactively go out and reassess properties like this. It is currently only assessed at $85k, so the school district/borough/county is literally foregoing thousands of dollars in revenue for this year by waiting for the sale before it challenges the assessment.

I'm all for letting the market reward (or punish) this seller for his/her efforts, but we should be getting that additional tax revenue as soon as possible.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 07:58 AM
 
1,524 posts, read 1,333,288 times
Reputation: 1361
Quote:
Originally Posted by zalewskimm View Post
$349 though is pie in the sky. The listing says "don't fall for a flip" but it looks pretty flipper to me. It's not as nice as the other one that $75k less.
Fair enough. I didn't look that closely.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 08:01 AM
 
1,952 posts, read 1,151,579 times
Reputation: 736
Never know, we had a house in Emsworth get listed for $340k. Said it was nuts since those are more Ben Avon prices then it goes under contract. Hasnt closed yet so waiting to see if it appraises and what the actual sold price is but never would have expected that one. Just like anything, it is worth what someone is willing to pay.
Reply With Quote Quick reply to this message
 
Old 05-08-2019, 08:02 AM
 
1,524 posts, read 1,333,288 times
Reputation: 1361
Quote:
Originally Posted by gg View Post
We lost 1/2 our population a few decades ago and the big cities didn't. So I think it is unrealistic for us to have a US average cost of homes at this time. Maybe in a decade or so though, but not yet. Also, we don't have a great location to other cities.
OK but then it's a stretch to use the words "wildly high" and "Pittsburgh Home Prices" in the same sentence.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2022 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Pittsburgh

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top