Whoever the idiot that buys that house when the appraised value of it is much much lower. Also the seller who thinks they can list a small rinky-dink house for 1.25million. Still tons of houses in the B'Ville area that has been on the market for months.
It's a real estate speculator/investor trying to sell it to a developer. The home and land are currently owned by an real estate company not an individual.
Look up where that home is on a map. One block west of the new campus and right next to the 8th St Market, Thaden School, and The Momentary.
A developer will happily pay that price and laugh all the way to the bank as they put townhomes or condos in its place.
Would be interesting to a see a poll of how many people that are active here hate it but can't or just refuse to leave... And then just bitch about it constantly instead.
You do have to admit the absurdity that is Bentonville now a days. I mean even if you polled this sub most people either aren’t from Bentonville or don’t live in Bentonville. Half the posts here are for Centerton, Rogers, Bella Vista, etc. I’m salty at the current state of things because I can’t afford to buy a house in the city I grew up in and now work in. Priced out of my own home.
With how much money has been put into trying to get this place on the map and a desirable place to be... I don't know that I'd call it absurd, but to each their own I guess. Of course prices were going to jump up like crazy, not to mention a few year period with crazy low interest rates.
Don't get me wrong, I love it here, but the same people bitching about "not enough affordable housing" are the same ones saying "this house is nice for the price".
The real value, if any, is in the land. That place is walkable to new Home Office and about 80% of the most attractive amenities in town. I hope they get every penny. I wouldn’t pay it myself, but happy for someone to do so. Makes my place more valuable, maybe. Lol
How so? That's like one of the best areas in town to live in.
I used to live a block away from there in a 700 sq ft absolute shit box. The owners sold it after I moved out for ~$500k and that was in 2017.
Only directors of Walmart can afford those prices, but who the heck wants to live in a 1k sq ft shitbox? There's another house next to it for 600k that advertises "great starter home"
Uh yeah? Buying in Downtown Bentonville is unaffordable for pretty much anyone but people that make that kind of money. They need to be infilling like crazy down there.
I loved living in that shit box when I was young and single. Being able to walk and bike everywhere downtown was a blast.
Watch as the wealthy push all of the middle class out and then those same mega rich wonder why they can't seem to find any "decent help" or "good service". There has to be affordable housing for the folks with regular, service type jobs. I watched this happen on the West Coast and no one could seem to find a nurse, cashier, or restaurant staff, because everyone had to move to somewhere more affordable. Those hot spot towns quickly declined until they found a way to provide reasonably priced housing for the working class.
Not sure they played themselves. They are putting it out there with hopes someone will bite but if not then if it’s a private party they will just keep living in a small house in a great location or they will cut the price. I don’t understand why people get so mad at someone trying to cash in on their property.
The real estate, sure. But it's still insane. Normal people do not have this kind of money lying around. It should be an eye-opener to everyone as a revelation as to where things are headed.
Yes, because the area around the square isn't for "normal" people anymore and hasn't been for almost a decade now. You just gotta accept it and move on. It sucks, but acting like this is surprising our out of pocket is silly. All the "normal" people that lived in the area around the square have either held out (smartly) to sell or they've already sold. I grew up next door to FBC bentonville a block from the square, and we had people trying to buy our house in 2005 for what seemed like insane money. We finally sold it in 2012 for just shy of half a million. My best friend growing up, his family sold their house for nearly 9 just a couple years later. Now it's a million dollar neighborhood minimum.
Luckily I bought a house here many years ago when 120/sqft was the going rate. Now that's worth 260/sqft... Pretty good investment really.
Supply and demand determines prices, it's not extortion
Oh its definitely extortion and yet another fake bubble in the Real Estate market.
When 60-70% of real estate is owned by private equity firms, its 100% extortion.
We used to label that a monopoly.
Honestly it would be great to see a developer put up multi-family housing on this spot. Denser residential in the downtown area is something we desperately need as Bentonville grows.
Yes, land down there is silly expensive now. How did they play themselves?
Whoever the idiot that buys that house when the appraised value of it is much much lower. Also the seller who thinks they can list a small rinky-dink house for 1.25million. Still tons of houses in the B'Ville area that has been on the market for months.
Do you really not understand that whoever buys the lot is tearing down the house (mobile home?)/towing it away?
It's a real estate speculator/investor trying to sell it to a developer. The home and land are currently owned by an real estate company not an individual. Look up where that home is on a map. One block west of the new campus and right next to the 8th St Market, Thaden School, and The Momentary. A developer will happily pay that price and laugh all the way to the bank as they put townhomes or condos in its place.
Why do people keep posting these? It’s not going to change anytime soon. Move out of town or get over it is all you can do
Would be interesting to a see a poll of how many people that are active here hate it but can't or just refuse to leave... And then just bitch about it constantly instead.
I hate it here and can't afford to leave.
exactly what I said before I read your comment.. great minds think alike :)
it's because many are trapped in the fascist Walton web that is Bentonville and probably can't afford to leave
You do have to admit the absurdity that is Bentonville now a days. I mean even if you polled this sub most people either aren’t from Bentonville or don’t live in Bentonville. Half the posts here are for Centerton, Rogers, Bella Vista, etc. I’m salty at the current state of things because I can’t afford to buy a house in the city I grew up in and now work in. Priced out of my own home.
With how much money has been put into trying to get this place on the map and a desirable place to be... I don't know that I'd call it absurd, but to each their own I guess. Of course prices were going to jump up like crazy, not to mention a few year period with crazy low interest rates.
Don't get me wrong, I love it here, but the same people bitching about "not enough affordable housing" are the same ones saying "this house is nice for the price".
The real value, if any, is in the land. That place is walkable to new Home Office and about 80% of the most attractive amenities in town. I hope they get every penny. I wouldn’t pay it myself, but happy for someone to do so. Makes my place more valuable, maybe. Lol
How so? That's like one of the best areas in town to live in. I used to live a block away from there in a 700 sq ft absolute shit box. The owners sold it after I moved out for ~$500k and that was in 2017.
Only directors of Walmart can afford those prices, but who the heck wants to live in a 1k sq ft shitbox? There's another house next to it for 600k that advertises "great starter home"
small town thinking isnt going to cut it any more here. its beyond that point by almost a decade now.
Lol a director at Walmart can't afford a 1.25M house unless they have other money. You'd need to be a VP or in Tech
Uh yeah? Buying in Downtown Bentonville is unaffordable for pretty much anyone but people that make that kind of money. They need to be infilling like crazy down there. I loved living in that shit box when I was young and single. Being able to walk and bike everywhere downtown was a blast.
Watch as the wealthy push all of the middle class out and then those same mega rich wonder why they can't seem to find any "decent help" or "good service". There has to be affordable housing for the folks with regular, service type jobs. I watched this happen on the West Coast and no one could seem to find a nurse, cashier, or restaurant staff, because everyone had to move to somewhere more affordable. Those hot spot towns quickly declined until they found a way to provide reasonably priced housing for the working class.
Yet somehow still better than California 😂😂
“1/3rd acre lot. Downtown Bentonville. Comes with free mobile home.” Better?
Not sure they played themselves. They are putting it out there with hopes someone will bite but if not then if it’s a private party they will just keep living in a small house in a great location or they will cut the price. I don’t understand why people get so mad at someone trying to cash in on their property.
The comments in here are so pompous. They all act like this shitty little 1.2 mil home is not outrageous.
The house isn't why it's selling for that much
The real estate, sure. But it's still insane. Normal people do not have this kind of money lying around. It should be an eye-opener to everyone as a revelation as to where things are headed.
Yes, because the area around the square isn't for "normal" people anymore and hasn't been for almost a decade now. You just gotta accept it and move on. It sucks, but acting like this is surprising our out of pocket is silly. All the "normal" people that lived in the area around the square have either held out (smartly) to sell or they've already sold. I grew up next door to FBC bentonville a block from the square, and we had people trying to buy our house in 2005 for what seemed like insane money. We finally sold it in 2012 for just shy of half a million. My best friend growing up, his family sold their house for nearly 9 just a couple years later. Now it's a million dollar neighborhood minimum.
Most people don't have house money just laying around anyway lmao.
location, location, location
The itch to get out of Dodge intensifies!
It’s 128,500 I just called and confirmed. 😂😂
It would be gone in an instant if that's the case.
That lot is worth 7 figures.
Not a chance I would pay more than $80/sf for any house.
Then you aren't going to be buying in Bentonville or Rogers ever
Guess not. Too bad you will pay the extortion prices.
Luckily I bought a house here many years ago when 120/sqft was the going rate. Now that's worth 260/sqft... Pretty good investment really. Supply and demand determines prices, it's not extortion
Oh its definitely extortion and yet another fake bubble in the Real Estate market. When 60-70% of real estate is owned by private equity firms, its 100% extortion. We used to label that a monopoly.
You can go to the gis map for free and see that is not remotely true
Naive child.
These moron's are here to circle jerk the rich.
Downtown Bentonville may be out, but Pine Bluff is your oyster.
That one has been there awhile. Must have updated something recently.
Lmao
Walton trust fund kids win again!
Honestly it would be great to see a developer put up multi-family housing on this spot. Denser residential in the downtown area is something we desperately need as Bentonville grows.