Viewing a single comment thread. View all comments

BradGriswold t1_j5ycfnn wrote

Reply to comment by Will_delete_soon78 in Norwalk Home Appreciation by Will_delete_soon78

Anecdotal data will be of little utility. If you were expecting the people of reddit to be able to predict housing prices I think you are sorely over estimating the power of the crowd. The suggestion to go to Zillow and take a sample of home prices is a good one. Make sure you grab enough houses that are similar to the one you were trying to compare to to get a decent representative sample size, at least 15 or 20.

2

Will_delete_soon78 OP t1_j5yfydu wrote

I was looking to hear some stories from people about how their homes have appreciated over the years. Maybe some insight about if people are flocking to Norwalk, any info on anything in the works about venues that may attract more people…stuff like that. I know no one can predict I’m just looking for insight.

0

coastal_girl14 t1_j67lsn8 wrote

Yeah, I bought property in SONO 16 years ago because a development was starting next door with residential, commercial, street level retail, and a park. The city gave the developer such a hard time that they sold the property and it sat vacant for years...now it's a mall.

My point is it's a bit difficult to predict. You may want to look at the city's Facebook page and also search for other "Norwalk" FB pages. There are a few that cover Norwalk news and upcoming developments and projects.

1