Ontario Tax Sale Property Forum
Tax Sale Forum => Property Information => Topic started by: Pfm1011 on August 26, 2009, 11:42:28 AM
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any results and did anyone bid..
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The result for the only worthwhile property was $16,356 for the 5 acre lot.
I was the second highest bidder at several thousand dollars below that.
Allow me a mild rant once more at the idiots who bid the assessed value. There is another place where you can buy properties at assessed values, its called MLS. Please go there and stop driving up the bids here, where we are supposed to be trying to get bargains!
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that lot is worth 20 retail absolutely max, It should taxsale at 10 to 11 max or it was a waste of money ,..However if it was a local enduser. its cheap enough for a lot , who cares if you pay 10 or 16 ..the house will cost 300
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Its stupid to pay 16 when u should have paid 10. And if anybody out there agrees with PFM that 6 thousand dollars is nothing, feel free to contact me and give it to me.
My rant stands. The guy who bid 16 is one of too many idiots out there bidding assessed values at a tax sale. Go to MLS and leave tax sales to the people who need a bargain. I doubt this guy is an end user, I'm willing to bet, I'll see this property on MLS overpriced and sitting there for the next year.
As for a house costing 300K???? If you're filthy rich sure u can have a mansion built for that. But I plan to build with eco-freindly methods and using my own hands and I plan to get a really nice house built for under 50k. If you want to know how, google "cob construction" or "earthbag buildings" or "rammed earth" or "earthships" or 'Field stone houses" or "straw bale" etc.
And please no one respond with the construction industry propaganda that only a contractor can build a viable house. People have been brainwashed with their consumeristic crap for too long. And yes, as long as its safe and sturdy I don't care if its up to code or not!
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And please no one respond with the construction industry propaganda that only a contractor can build a viable house. People have been brainwashed with their consumeristic crap for too long. And yes, as long as its safe and sturdy I don't care if its up to code or not!
The local building officials will have something to say about your building techniques...I'm pretty sure of that.
I've put up several buidings personally, all up to code. And, I work in the construction industry. You are right in that anyone can build a house, it helps however, if you have an inkling of what you are doing. Please call me over the grand opening, and we will put it to the test. If it is still standing when the wolf blows, then the little pigs can stay inside.
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As for a house costing 300K???? If you're filthy rich sure u can have a mansion built for that.
The most basic of cottage will cost 150 a foot to have built. Build it yourself for 75 a foot .
But you need a basement ..add 20 K , want it walkout add 10 K..need to blast , add 10. Geotherm add 15 ,
I want some acreage so add a driveway and a few hundred of hydro lines or solar ..add 30 ..
Garage ..15 .. want to make it from steel so you skid steer isnt scooped in a week 25 to 30
oops ..need a tractor or skidsteer 25..or both 50
Oh wait..development charges and permits..add 10
300 wont buy a mansion..wont even buy a basic log cabin or viceroy with more then one or 2 bedrooms
As per your mud house..good luck with the town , the neighbours...and the wife.. ..want to be cheap and creative ..sea container houses..working in New York..good luck in muskoka
As per the winner paying too much..Everytime I lose I think the winner paid too much, Everytime I win .... everybody else thinks the winner paid too much
Dont get P*ssed when you lose..thats the fun of the game.. working your strategy ..when you lose..dont be a dick..give the winner a "well bought" and try to beat them the next time
Almost every opening I go to has at least one dick who gets out of shape ..and makes an ass of himself
and to correct my earlier post..MLS makes that a 32k to 45k lot so 16 is probably half price or less
, worse case 30% discount..still "well bought"
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thanks for the bad karma pfm. Is it really that unacceptable to rant here after losing without getting called a dick? I prefaced it by explaining I was upset and going to rant. It wasn't the first time I lost by someone bidding over the assessed value and was accumulated anger. Although you may not agree that bidding assessed value or higher is ruining the tax sale game there are many out there who do agree. Where is left to get bargains?
"Dont get P*ssed when you lose..thats the fun of the game"
Really??? anyone else agree with that?
"when you lose..dont be a dick..give the winner a "well bought" "
Really, You always maintain your gentlemen front? you've never gotten angry when some idiot bids a ridiculous amount, ruining your smart bid?
Then I congratulate u on being an enlightened being with amazing emotional control. but I doubt it, as an enlightened gentlemen would not imply someone is a dick on a message public board. I certainly wouldn't imply that about u though I may think it.
PS I have told people "well bought" when I'm beaten by 500 or 1000 dollars.
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You may want to ponder this..the odds that the man who paid 16 for the lot is on here is fairly good (you forget that we are just a few posters but there is a Sh*tlocker of lurkers ) He comes home all happy after winning a bid and is called an idiot by a stranger on a forum after he got a five acre building lot for a meager 16K..a good deal anywhere on the planet..
Assessed value..Who cares about assessed value..On most taxsale pieces the assessed value is completely wrong..either extremely low or extremely high and anyone who uses that number will lose their shirt ( or lose the bids) in this game. Keep using it as a benchmark and you will simply keep losing bids or even worse ..winning bids
Where is left to get bargains? I can assure you theres bargains galour..ask Dave2 how his year is going
Karma..you don't have me to thank for that one
As per ranting....I have been known to do so an multiple occasions and can assure you I will again
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:)PFM1011 has just gained my respect. The chap who bid the 16K called me after the sale to say, he had no sooner got off the telephone with the treasurer finding out that he and was the winner, that someone on this site was calling him an idiot. I recall nearly 20 years ago he came in second on a farm in Grimsby and I had paid 1k per acre which by conventional wisdom was the going price for farms in that area. We met at another sale and he did not call me an idiot. He was curious and keen to learn. Even though he did not know who I was, he congratulated me on being no. 1 to his second high tender so many times in the past. I had a reason for bidding 100k on the farm. He was correct about the value except for the fact that there was a leasehold interest on one acre of the property. The owner was assured by his solicitor that his lease would survive the tax sale. His solicitor later had to admit that he did not fully understand that area of the law and that I was correct. He happily paid me 150k and I let the previous owner rent the large brick bungalow and 50 acres for a modest rent until she could get her life back in order. The chap who paid 16k is no idiot but we all occasionally overpay. I will sometimes walk away on my 20% deposit. Sometimes it is not obvious just who the idiots are but I recognize a true professional like you when I see one.
G2020
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Small world.
Good post. Why don't you stay awhile? We could probably learn a thing or two from you.
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g2020 and the person who won, have been doing this for 20+ years??? And this is your first post?? I guess you would be considered some the the " sh*tlocker of lurkers" PFM mentioned. Why dont u post something usefull.
So this chaps feelings were hurt by being called an idiot? And he called u to complain? Did he cry on his husbands shoulders too? ;D
I stand by my little rant.
Ive been doing this 5 years and I cant tell u how many times I've come in second where the winning bid was 30% to 50% higher than mine. Probably about 5 times and its beyond annoying. All this overbidding is creating inflationary pressures so to speak and going to cause to to bid more than I want. Keep your bids reasonable people!!
And just to let you know, I was actually really hoping that the winner would read that I was calling him an idiot. Can you guess why?
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I have been at this game for a while, but no where near 20 years. I do not bid often but when I do am either very close or totally blown away. In the scheme of things 6K is not that much in relation to building a cottage. However, on a 16K bid 6K is approx 40% of the bid. Everyone has a different use for land, and a different value propostion regarding what true market value of the land.
Some people see value others see junk, it really depends on what your using it for, a good example is the EA land that is non buildable, to 99% it is junk and nothing more then a campsite but to the adjoining landowners its value is much greater.
One great example of this on this board is Frank, there is a waterfront property that he won at tax sale many years ago, I think he blew away everybody with his bid, if i recall correctly it was by at least 20K if not more, I was'nt even in the running. He either currently is or has finished a building on it, even with his high bid and his total cost to build (i have never seen the property) I am sure that he could turn a nice profit on it.
Back at the time I thought his bid was crazy, I know that mine was low but his was somewhere around 2X what i put in. Now with more experience I see the logic behind his thinking. Live and learn
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I don't understand why you care what you lose by, losing is losing . It doesn't matter if you get steam rolled or simply beat by a dollar ..you lost ..you have been defeated
loser
Part of Speech: noun
Definition: person, thing that fails
Synonyms: also-ran, deadbeat, defeated, disadvantaged, down-and-outer, dud, failure, flop, flunkee, has-been, underdog, underprivileged
defeat
Part of Speech: verb
Definition: conquer in military manner
Synonyms: ambush, annihilate, bar, bear down, beat, best, block, butcher, crush, decimate, demolish, discomfit, drown, entrap, finish off, halt, hinder, impede, lick, mow down, obliterate, obstruct, outflank, outmaneuver, overpower, overrun, overthrow, overwhelm, parry, prevail over, quell, reduce, repel, repress, repulse, roll back, rout, route, sack, scatter, shipwreck, sink, slaughter, smash, subdue, subjugate, suppress, surmount, swamp, torpedo, trample, trash, upset, vanquish, whip, wipe out
There is no second place in this game.
I have two category's of bids..One where I want to win so I bid high. and others where I could care less if I win so I lowball and hope I luck out.
In most cases where I am beat, I can see where the people are coming from. If a piece has a special value for me IE adjacent etc I will pay a premium ( still way below market). I personally prefer to get my ass kicked then to lose by only a buck or two. If someone bids 30 or 50% over me it means I am bidding in the conservative region and not overbidding. Clearly the land is worth as much as I thought or more. I also take it as learning to adjust my land values for the next bid.
However If I lose by only a small amount I am pissed since I was so close and clearly a fool being so cheap.
fool
Part of Speech: noun
Definition: stupid or ridiculous person
Synonyms: ass, birdbrain, blockhead, bonehead, boob*, bore, buffoon, clod, clown, cretin*, dimwit, dolt*, dope*, dumb ox, dunce, dunderhead, easy mark, fair game, fathead, goose, halfwit, idiot, ignoramus, illiterate, imbecile, innocent, jerk*, lamebrain, lightweight, loon, moron, nerd*, nincompoop, ninny, nitwit, numskull, oaf, sap*, schlemiel, silly, simpleton, stooge, sucker, turkey, twerp, twit, victim
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My problem in reviewing a property for tax sale purchase is my own shortcomings in seeing what it is truly worth in the resale market. I tend to take an engineering approach and worry more about the likely costs involved then potential value for reuse or resale.
Assessed value is just one measurement of value. Not all assessed values are up to date. I had one property for years (not a tax sale property) that was way underassessed. Did I complain to MPAC, for some reason no. ;D
I was not involved in in Napanee but if you read the recent posts in Trent Hills the engineering approach and related concerns of myself are obvious. On the other hand the limitations are also there. A piece of property on a hill means an expensive approach road but does give you a great view that some people are willing to pay more for.
My big problem always has been in finding those people who are willing to pay more.
Try as I might in saying how good the lot is for construction; level and flat etc. the people I seem to deal with always want a lower price.
At the end of the day any price is justifiable if you can find a buyer who will pay your price. I have done enough ranting myself about coming second if your follow my posts and having to deal locally with someone who is obviously a better reseller then me.
WorldJohn I won't rant and rave; I would get even. I would look on someone who overpays as a potential customer of your marble. Obviously if they lost their marbles once they may do it again.
Be optimistic. Maybe they have a suitable model to create a statute like the Greeks and Romans did.
AS I noted earlier the ladies who want to spend your money tend to be not bad to look at for an old geezer like me. You as the marble supplier will have to make certain that the model is suitable for the high quality marble you supply. :o
There is a person who hangs out in this board from time to time who appears like this. 8) He has this image for a reason. He appreciates the finer things in life but does not want to appear obvious doing it. Sooner or later I will probably have to go head to head against him. He is so smooth I won't realize what happened to me. I can feel the stiletto now.
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One great example of this on this board is Frank, there is a waterfront property that he won at tax sale many years ago, I think he blew away everybody with his bid, if i recall correctly it was by at least 20K if not more, I was'nt even in the running. He either currently is or has finished a building on it, even with his high bid and his total cost to build (i have never seen the property) I am sure that he could turn a nice profit on it.
Back at the time I thought his bid was crazy, I know that mine was low but his was somewhere around 2X what i put in. Now with more experience I see the logic behind his thinking. Live and learn
Not quite correct. I have won three bids, and none by the margin you refer to. The property you are talking about was won by only 1k. It may have been double yours, and was in fact double most bidders, but there was one right behind me. Some folks thought I was crazy, but I got a minor variance through so I could build within view of the water, and it is now under construction.
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Not quite correct. I have won three bids, and none by the margin you refer to. The property you are talking about was won by only 1k.
Sorry, my memory is not quite that crisp as it was a few years ago. The point is still valid, there were a lot of bidders for that property, all where pretty much in the same ball park, but only yourself and one other person saw the true value that all of us other bidders missed. In all honesty, I was bidding lower then I thought it would sell for but I went the max I could at the time, I was expecting to be in the top three for sure.
But PFM is correct, it does'nt matter if I lost the bid by 30K or by 1K, a loss is a loss and that = no profit.
I do understand worldjohns frustration though, if bid after bid of junk land(to most of us) is fetching enermous bids, then it will start to set a precedent to all of the bidders and lurkers on here, kind of hurting the profit potential for regulars. But thats life and business. I do notice a lot more bidders on tax sale properties then in the past. Also, seeing more and more people at openings then the ones I used to attend in the past. This is just personal opinons, no scientific stats to back up.
Same thing as going to any type of live auction, there are deals to be had but when you get a lot of people looking for a deal, emotion takes over and more often then not people overpay. There are still deals to be had so it just means the winning a bid becomes more sweeter!
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I do notice a lot more bidders on tax sale properties then in the past. Also, seeing more and more people at openings then the ones I used to attend in the past.
I think this is a great topic that hits the spot. Winning bids. The problem is there is a lot more competition with the internet and OTS [featured properties]. You have to be more aggressive and the margins are thinner. It would be interesting to hear from those who have been doing this a while how things have changed. I have cursed those that beat me on bids and thought they were fools only to see the same property on MLS for three times what they paid. My problem is I have a conservative nature for investments. I only have myself to blame. On the bids I have lost[all of them] I would congratulate the winner but maybe call him a d*ck only under my breath to myself
But in actuality it is just jealousy.
BTW congrats Dave 2. Maybe a venue for our next meeting ;)
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Worldjohn, you must first realize that someone wanted "that" property, and it wasn't on MLS. You don't "need" a bargain, you "want" a bargain, but reflect on how you would feel if every bidder that lost to you, on your success(es), immediately ran home and posted an ode to your stupidy on this board: not very nice when you turn it around. You may be having a bad day, week, or month, or year, for that matter, but it's time to pull back and cool down; I'm not going to give you a negative karma, but you are way out of line.
I think you are in bad temper because you are making bid after bid without the success you expect, and have just lost one too many, but I think your real problem is that you are not, knowingly or not, putting in the thought and effort it takes to be successful by bidding right. I am by no means an expert, but have bid, and won, twice on properties where I thought would be right for us to build our retirement home (the boss had a different opinion), won a third that was redeemed immediately, lost a fourth up around Apsely/North Kawartha (Frank, I should have introduced myself, but was feeling shy that afternoon, but I did immediately notice your resemblance to that movie star), and lost a fifth because I bid low due to inability to find the property (a local removed the road sign). I put a lot of thought into my bids, and some of it is emotional. If this is a business to you, you need to sit down, calm down, and rethink the whole thing, because I think you're taking out your lack of success on the winners. I bid with the intention of winning, not on getting a bargain, so I may have people looking askance at the bid amount, but I sure don't pay retail. If you find you can't calm down, maybe it's time to change paths.
The other folks are right, and you are not. Sorry, but that's the way it is. You owe that bidder, and the members and lurkers on this board, an apology.
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By the way, I'm losing my mind trying to find the notice for Napanee/Greater Napanee: is it under some other name, or did I just completely miss the Gazette notice?
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Thank-you Ernestbidder. Very well said.
It is very rude of people to make posts so that they can call people names such as "idiots or morons". No one knows the reason for someone to make an unusually high bid. Assessed value has nothing to do with the actual value of a piece of property. It is simply a number assigned by MPAC to assist in the collection of taxes. The actual value of the property is up to the individual trying to buy.
Worldjohn, and others, should keep their hurting comments to themselves. Let's try to keep this fun, and hopefully make the occasional profit if that is your intention.
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Ernest :The Corporation of the Town of Greater Napanee August 1 gazette
In regards to higher amounts of bidders, The internet has definitely made it easier for more people to learn about the sales so there can be more bidders..But it has also made it easier to research neighbourhood sales. aerial photos, mining claims, property and owner history , ZONING and CONSERVATION , and of course its way easier to sell thanks to MLS.
Additionally..its alot easier to avoid a toxic site or we don't need to drive 8 hours now to find its a swamp..( Google is my hero) There is alot more land with no bidders today as we are dodging more bullets
There is still an amazing amount of deals. I have seen a few people overpay by any standard on a few deals , but generally the people who I have been beat by are still way below market value and have gotten deals...just not insane lottery wins, Mind you there is still some lottery hits out there too. Seems like one lottery a year. ( think Dave2 got this years)
The funny thing is that all the good deals go unnoticed ( or unadvertised on here ) So although you lurkers think you are smarter as you sit and rub your hands , you actually arent getting any scoops :-X
In regards to .."land isn't as cheap as it once was.".give me a break,..Saturday matinees aren't a nickel anymore..
7 % a year increase in value is going to bring the tax sales up to...10 years ago the 50K piece was 20 at tax sale. now the same piece is 100K value and 40 at tax sale. The discounts and profits seem the same to me,
Oh wait there is a pile of lurkers...Yup..No more deals in tax sales....move along...nothing to see here..go look at the power of sales..
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There is something nasty that has reared its ugly head lately which if it continues will definitely hurt us. It appears Ontario tax sales is now advertising the tax sales with 6 weeks notice. This may be good for them re increased sales of tender packs and title searches, it is definitely bad for us and for the towns as they will now have 6 weeks of stupid phone calls
The reason for short advertising and using OTS is to reduce the load on the city.
Although I usually endorse the hell out of these guys on here and really believe in their product. Advertising this early will definitely hurt us for the gain of OTS.
I may suggest that the only way to deal with this is to make sure we phone the towns with "has it redeemed yet" questions a couple times in the weeks prior to the sale. Make sure you make a comment about the six weeks..The hassle will definitely remind the towns why they should keep the advertising period tight to the sale. ( a shot across the bow of OTS )
Additionally do not buy the title search until a few days before the sale.. Buying it right away forces you to recheck in 6 weeks.
Like I said I like these guys service and product however someone wasn't (or was) thinking with this 6 week deal. Hopefully they read this and see they "are being penny smart and pound stupid" as the six weeks of hassle to the town will totally eliminate the chances of a town advertising early and may not use OTS again due to the hassle
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PFM, I thought you were the disguised owner from OTS ;). They had you to thank for. Now the have you to hate for. :)
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Just finished reading through the entire thread. I think your old folks took it too serious - somebody has lost his bid to an "idiot", and the "idiot" still takes home the win happily. What's the big deal? I actually would appreciate being called "idiot" if the "idiot" were myself who ended up making no money or no use of the taxsale after paying much more than other bidders for the win. So I learn. We've heard so many successful stories. What's the downside of it? Is there really no idiot? Everyone was applauding for Dave2's island win, do you really know Dave2 doesn't even have a boat to take him there so he is worrying every time he wants to go to his own island? And Dave2 might have to sit on it long enough like Robinson Crusoe before somebody comes by to say hello. ;-)
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PFM, I thought you were the disguised owner from OTS ;). They had you to thank for. Now the have you to hate for. :)
Some of my postings did look like paid advertisements ;D...I seriously do think they do a good job and I use them alot but this 6 week thing is insane ....I have a short attention span..I like to have a sale done start to finish in two weeks. I absolutely love the one week notice ones..no waiting .
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Everyone was applauding for Dave2's island win, do you really know Dave2 doesn't even have a boat to take him there so he is worrying every time he wants to go to his own island? And Dave2 might have to sit on it long enough like Robinson Crusoe before somebody comes by to say hello. ;-)
Jayz:
My biggest problem right now is not a missing boat but a missing barge. Up in the far north the septic pump out guys do not have enough business on the water so there is no water borne septic pump out service like there is further south say around Parry Sound. If I have a serviceable septic system (that remains to be proven) to pump it out I have to load a septic truck onto a barge, haul it out to the island, let it do its duty and then return to shore. Unfortunately right now they decided to move a hundred year bridge in the local town and all the barges are tied up moving the bridge. LOL :'(
For those of you that watch the discovery channel Yes I do watch "ICE Road trucking" and I did think think of waiting until February when the bay is frozen. Problem is the septic bed will also be frozen and I don't think the septic guys would be keen in cuting out blocks of frozen contents of the tank.
Maybe I will have to switch to Plan B which is to convince PFM to buy it. All I have to do is convince him to add a single (0) to his $85,000 planned offer and I might even persuade my wife to sell it. ;D
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Everyone was applauding for Dave2's island win, do you really know Dave2 doesn't even have a boat to take him there so he is worrying every time he wants to go to his own island? And Dave2 might have to sit on it long enough like Robinson Crusoe before somebody comes by to say hello. ;-)
Jayz:
My biggest problem right now is not a missing boat but a missing barge. Up in the far north the septic pump out guys do not have enough business on the water so there is no water borne septic pump out service like there is further south say around Parry Sound. If I have a serviceable septic system (that remains to be proven) to pump it out I have to load a septic truck onto a barge, haul it out to the island, let it do its duty and then return to shore. Unfortunately right now they decided to move a hundred year bridge in the local town and all the barges are tied up moving the bridge. LOL :'(
For those of you that watch the discovery channel Yes I do watch "ICE Road trucking" and I did think think of waiting until February when the bay is frozen. Problem is the septic bed will also be frozen and I don't think the septic guys would be keen in cuting out blocks of frozen contents of the tank.
Maybe I will have to switch to Plan B which is to convince PFM to buy it. All I have to do is convince him to add a single (0) to his $85,000 planned offer and I might even persuade my wife to sell it. ;D
I have a generator possibly for lend(to power your sewage pump)before ice in.Might need extra hose to get to the barge though.850? Now I know what you mean by not cheap.That's enough for a new kitchen w/marble.Cheers.
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Pfm, I thank you: I completely missed that Gazette posting!
Dave2, if you have no septic bed, think incinerating toilet; I'm building a new home this fall/winter, and thinking of having an incinerating toilet manufacturer, formerly of Paris, now in Brantford, make a custom unit with a stainless basement burn tank, servicing a normal low-flow toilet (as my legs are too short to let me get up on the regular fibreglass unit) flushed by treated gray water. The price works to about the same as a septic bed. Of course, if you can sell for the 850, you will be able to afford to helicopter the old poo out for the new owner
I just noticed I have a -1 karma, and wondered WHAT? until I noticed Pfm has -3; what have we done? :>)) It must be something right. Maybe not, as I also just noticed Pfm has only 5 on the plus side: I think everyone has been like me: reading avidly (lurking until I registered), and forgetting to give a pat on the back where due. I shall be more diligent on this front from now on.
On tax sale notices, it would be helpful if municipalities would publish the direct URL for their own websites.
If anyone followed/bid the 1998 Brighton tax sales, the house on a humongous lot at 824 Smith St just sold on MLS, and it was bought for $57,602.13 at the TS. In the second Brighton TS, a billy-goat (more like mountain goat) lot at 13 Lakeview Hts sold for $15599, almost twice the minimum tender. It will be interesting to see what they do with it, but it may have been bought by the neighbour, as their home is now for sale.
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We did follow that as Dave2 got taken out by a "800 Lb gorilla"
Anyways what did the unit sell for ? we had this discussion a year ago
As per 57K seems like a good (not mind blowing great but still good) deal except for the hassle of eviction. It is definately at the high end of the scale for bids but not at all insane. I'm guessing you have 110 K or so worth of house if the interior isn't trashed as its a nice size lot . Could probably fire sell it as is for 90 to 100 in a very worse case. Figure 3k to evict and you still almost doubled your money for a few days work. At 57 there is no way to lose unless Cameco has been moving stuff from Port Hope and hiding it in the basement
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I'm not sure why the frustration of not winning any. It's better to be the losing bid if the winning bid is too high.
With many of these 15k properties that people chase after, you can find a better property 90% of the time if you just look around (and not just the MLS). Most of these tax sale properties are not gems, and that's why the taxes weren't paid on them.
The last bid that I won was a couple of years ago. I've bid on about a half dozen properties since then with an average value of about 20-30k. Some were redeemed and the others I lost, but the ones that I lost were at a price that the properties would not have been worth it to me. I don't look at this as a game, it's just business.. well.. hobby/business.
One thing that I notice on here though is people chasing after properties with water access only and overvaluing them relative to road access waterfront. I just don't see the point in saving 50k by getting a water access property when the land will end up being a small, small percentage of the money put into the whole thing if you're going to build.
For my just over an acre waterfront cottage property, the land cost (bought in 2000) is just under 10% of the total amount spent on building the cottage (including septic, hydro, deck, dock, etc), and about 5% of the recently appraised value. If it was water access, the value would be much less, but the cost savings (if any, when you add up the extra costs of water access) would have been marginal at best.
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bingo!And well said.
I don't know why anyone would be upset about Napanee.Neighbour should have bought it.
Water access is waterfront to over bidding people.
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Here,here! Jolly good! Etc!
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If my wife really loved me should would buy me this
http://www.yachtauctions.com/listing.php?vessel=3763 (http://www.yachtauctions.com/listing.php?vessel=3763)
62 MPH at 1.1 GPM ..
I know its completely not a taxsale thing..but ....damn thats one sexy toy..( take a gander at the drives)
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62 MPH at 1.1 GPM ..
1.1 GPM thats just insane, unless you are an arab sheik. Nice boat, im partial to the Scareb's and the Cigarette's myself.
I suggest that you forgot about the wife and buy the boat, you will be able to crusie with some real hotties if you have that fountain boat. Although it will only be for a very short time as the gas to keep that boat running will bankrupt you faster then a divorce.
Ya, im single and I would take that boat over any one of my ex girfriends, even the one I almost married. :)
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1.1 gallon per mile is actually "good on fuel"...well as "good on fuel" as a 48 ft express boat
can be. ;D
Toronto to Montreal 5.5 hours and 350 us gallons of diesel ..thats just damn sexy ..Leave at noon and be at Sainte-Anne-de-Bellevue for dinner and definately be the hottest toy there
for tekkies..the tubes forward of the props aerate the water at low speed to allow the diesels to spin up faster...Apparantly it works...5 seconds to plane
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my girlfriend advised me to wait a few weeks and calm down before replying to this post. PFM you basically called me a dick in this thread, that I can take because I know I can be one. Perhaps it was a dick move to call the winner an idiot partly out of anger, partly hoping he would walk away from his bid. But when you implied I was a fool...well those are fighting words. I sleep well at night because I dont take crap and insults from anyone. Because of this I dont have a steady job but I do have my honour. My first move in this will be as a gentlemen therefore, PFM I offer you the opportunity to apologize and the matter will be dropped.
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OK ..so You can call someone an idiot , but we cant "imply" you are a fool...you may want to really look at the "glass house proverb"....
then read the post "However If I lose by only a small amount I am pissed since I was so close and clearly a fool being so cheap"
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Okay as annoying as it was to do so, I re-read the thread and I guess I mis-interpreted things. Congrats to the winner of napanee.