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Here’s a good example of a simple, more modern approach to an older space. This 1,100-square-foot floor-through condo at 238 South 3rd Street keeps it simple and in the process is successful, in our opinion. The two-bedroom, one-bath pad is asking $695,000. Think that’s realistic?
238 South 3rd Street [FSBO.com] GMAP P*Shark


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  1. *r*: Would it really take you years to save up $3,600? If so, then you probably REALLY need to leave NYC, where the cost of living is so high….

    Actually, Detroit is already kinda creepy so I can’t imagine what it’s about to become. The city never recovered from the 1967 riots, and there are literally abandoned skyscrapers with broken windows in downtown Detroit. The economy is basically non-existent except for what’s left of the auto industry and ancillary industries. You’d have be a self-sustaining artist or freelance web designer or writer to survive there.

  2. i’d move to detroit to buy something that cheap (tho it would still take me years to save up even 20 percent of the 18K) oh well. if a house in detroit is 18K how much is a rental? i dont know a lot about detroit other than it’s supposedly really really bad and burnt out and stuff, but what’s the economy like down there?

    i cant believe i just said down there. detroit’s in michigan lol!

    *r*

  3. Mr. B., you’ve gotta be kidding. It looks to me as if all they did was erect some sheetrock and splash the place with white paint. It would be okay for someone immediately post-college whose parents were willing to buy it … if it were going for about $250k or so.

    In that link to the Atlantic Monthly article you posted elsewhere today, it said that houses in Detroit are now selling for as little as $18k. I say all the young and creative types should move to Detroit and take over all of the abandoned industrial buildings to create a new SoHo or Williamsburg in the Upper Midwest!

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