Monstrosity on 25th street

[dioscorides]

This house near 72nd and Harvard sold for $3 million in January of 2013 and is now listed for $5 million.

http://www.zillow.com/homedetails/7219-S-Evanston-Ave-Tulsa-OK-74136/22224733_zpid/

Methinks the price is a little unrealistic. I mean, I would give them $3.1 million, just for the gold sinks alone.

I believe that is this house:
http://www.tulsaworld.com/archives/labor-of-love/article_c7c10fa0-9f86-53e3-ab40-0b9c91266645.html

[Cats Cats Cats]

I believe that is this house:
http://www.tulsaworld.com/archives/labor-of-love/article_c7c10fa0-9f86-53e3-ab40-0b9c91266645.html

Tulsa County assessor says its only $56k a year in taxes LOL  Could have split it with somebody if he sold it for $1

[guido911]

Looks like Cali having problems.

http://www.latimes.com/local/la-me-mansionization-20140505-story.html#page=1

"I want my view of the sunset, dammit!"

[nathanm]

"I want my view of the sunset, dammit!"

In Berkeley, it's illegal to allow your trees to grow any higher than they were when your uphill neighbor bought their property. You must protect your uphill neighbors' viewshed.

[Conan71]

Welcome to Tulsa Now Forum.

Any chance you are financially involved in the property at 2753 S Gary Dr?

Speaking of, it sold March 14 for $546K.

http://www.assessor.tulsacounty.org/assessor-property.php

I got the same square footage for about $400K less and we have been able to do some really cool renovations on it.

[guido911]

In Berkeley,.

That's all I really needed to read before stopping.

[rebound]

Looks like Cali having problems.
http://www.latimes.com/local/la-me-mansionization-20140505-story.html#page=1
"I want my view of the sunset, dammit!"

I may have mentioned it before, but the same thing happened to my old neighborhood in Dallas.  Quaint smaller homes (1500-2500 sqft), mostly single story, some with two stories with the second floor in a set-back style,  were (and still are) being gutted to build these huge lot-line boxes.  It just killed the neighborhood esthetic.  We couldn't get enough of the neighbors to sign up for a HOA to protect it, and it continues to degenerate.

From that article, here's the aspect I find interesting:  (talking about Beverly Grove, where harder restrictions are in place)

That alarms some builders, architects and homeowners. "What happened in Beverly Grove was basically a death sentence to development and real estate in the area," said Eran Gispan, a designer with N.E. Designs Inc. Similar restrictions citywide would "kill the market completely," he said.

Architect Daniel Bibawi said that since the tighter Beverly Grove building limits were approved last year, his firm hasn't had any projects in the area. The families that hire him typically want at least five bedrooms to accommodate two children, a master bedroom, a guest room and an office, he said.

"It's become a real bear to deal with, from the design point of view," he said. "People hire you to build what they want. But then you have to tell them — they can't have what they want."   

So what I want to know is have the property/home values in the area declined?  I really don't care that a builder or an architect isn't doing anything in the area, they can go build big houses somewhere else.  Also, I have no sympathy for a person who buys into a neighborhood because they like it, and then wants to build a house that is completely out of character for it.  Again, go somewhere else.  Now if the property values start to decline, then the locals may want to re-think some of the restrictions.  But apparently it was a popular neighborhood for a reason, and it's probably not a bad idea to keep it that way.

To bring that back to Tulsa,  I think it would be great to see Lortondale locked into a hard code to maintain the style.   It's not a good neighborhood for me right now, but I love the style and there are a lot of people that would gravitate to it if they were assured that an investment in renovating back to the original period style would be rewarded and protected.

That same factor is one thing that makes Maple Ridge really attractive and (IMHO) stabilizes the home values in the area.  All homes need to be periodically updated, and some modernization will be required.  But a neighborhood that has a distinct character and has rules in place to preserve it will hold value much more than those without.