One more perspective, Big12:Big12Bear said:
Even with their home prices coming down a bit off their highs, Austin should still be #1 on the list.
Stacy V. Cole said:One more perspective, Big12:Big12Bear said:
Even with their home prices coming down a bit off their highs, Austin should still be #1 on the list.
'Had some new patients, a young born and raised in California couple that "always wanted to move to Texas."
They initially went to Austin, checked the housing market and the atmosphere and said, "This is too much like California."
They moved to Fort Worth.
I imagine what they are basing the housing costs on new construction is more on the lines of an entry level home of say 1800 sq ft at the going rate of new construction cost which would be $223/ft at that total home price. That's pretty damn close to what the market shows right now. Maybe more along the lines of 1933 sq ft at $208/ft. Either one is not far off.BaylorHistory said:
I don't like their methodology that much. Let's just look at the highest priced thing on the list which is housing.
They put housing costs based on new construction which puts Waco at $402,250 which is not the average house price in McLennan County much less Waco proper. According to Zillow, McLennan County's average value is $256,639 compared to Waco proper's $214,027.
The spot that jumped off the list to me was Denton being ranked higher than Austin. Denton is growing, but it isn't Austin level on prices yet.
Austin (avg home cost): $533,214
Denton (avg home cost): $355,296
There's no way with the biggest budget item having that big of a difference that it's more expensive to live in Denton than Austin.
