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STOP RENTING AND STEAL THIS HOUSE!

safricks
December 20, 2012 07:32AM

Registered: 9 years ago
Posts: 55

MUST SELL IMMEDIATELY: ST CROIX EAST END HOUSE FOR SALE in secure, quiet, safe neighborhood. Main House 3 BR, 2.5 BA. Apartment 2 BR, 2 BA - can be separated into 1/1 or use the upstairs apartment as a master suite! Comes mostly furnished on a .6 acre large fenced & gated yard. Includes well (never buy water again!), automatic emergency generator, washer & drier, hurricane shutters, security lights. Will list with Realtor soon. Price only valid for a short time while unlisted with Realtor. ONLY $299,500! I told you, it's a steal!!!340.513.3832

Re: STOP RENTING AND STEAL THIS HOUSE!

islandtyme
December 20, 2012 08:24PM

Registered: 10 years ago
Posts: 878

Depending on the exact area, that's gr8 price for the EE of STX, do you have any pictures? And more of a general location, like Grapetree Bay, Cotton Valley, Turners Hole, etc......

Re: STOP RENTING AND STEAL THIS HOUSE!

picaflores
December 21, 2012 06:59AM

Registered: 6 years ago
Posts: 160

Click on the poster's name, then click on "show all posts", and there you'll find all the info you're looking forsmiling

STX

Re: STOP RENTING AND STEAL THIS HOUSE!

SkysTheLimit
December 22, 2012 12:01PM

Registered: 11 years ago
Posts: 1,897

Here are the pics posted a yr ago

[plus.google.com]

Re: STOP RENTING AND STEAL THIS HOUSE!

stxer
December 22, 2012 07:02PM

Registered: 12 years ago
Posts: 183

Quote
safricks
MUST SELL IMMEDIATELY: ST CROIX EAST END HOUSE FOR SALE in secure, quiet, safe neighborhood. Main House 3 BR, 2.5 BA. Apartment 2 BR, 2 BA - can be separated into 1/1 or use the upstairs apartment as a master suite! Comes mostly furnished on a .6 acre large fenced & gated yard. Includes well (never buy water again!), automatic emergency generator, washer & drier, hurricane shutters, security lights. Will list with Realtor soon. Price only valid for a short time while unlisted with Realtor. ONLY $299,500! I told you, it's a steal!!!340.513.3832


Like everything else in the USVI, things happen slowly. I have watched real estate prices on St Croix for over 20 years. Back in 2005 when real estate on the mainland was going up like crazy, St Croix was a pretty good buy, and gradually raised asking prices near the mainland level.. But, soon the states real estate bubble broke and housing prices crashed, however STX prices stayed the same. Of course, nothing sold, but we were too slow to figure that out. Now as 2013 approaches, real estate in the states is beginning to recover. Once again, the problem with St Croix is that we never crashed as far as the states and the asking prices were still too high. In addition STX has more economic problems than most stateside locations.

You can go to historically good real estate markets on the mainland today and buy a great 3 bedroom house with a pool in a gated community in the low $200,000. Not, of course, in the most' in demand' areas of silicon valley or coastal LA. Meanwhile, here in St Croix and probably St Thomas too, we are waiting for the starry eyed family from the mainland who will buy our house at 30% over the real market. The only real estate that really re -adjusted on St Croix were the condominiums and that is because they carry sky high HoA and insurance monthly costs. This house is a good buy according to the listings, but we need to ask ourselves, what it takes to really sell.

Re: STOP RENTING AND STEAL THIS HOUSE!

islandtyme
December 23, 2012 02:36AM

Registered: 10 years ago
Posts: 878

Thanks Picaflores, found info. I C it's in Tipperary.......w/no view or pool, the price may be a tad too high.

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