Bay City Land Prices

[Carey Maynard]

Judging from recent land auctions and actual of land for sale on the ground, I notices prices on Bay City leare a lot higher than elsewhere on mainland.  Just wondering why?  Any explanations?  And if so, what lessons are there to be learned by the lindens.  Or is this simply a temporary and passing fad with people paying today's prices likely to wake up with regrets.

[NatsumiMisaki1488312478]

I think Bay City is double prims.

 

[Carey Maynard]

Yes, but ... double the prims doesn't begin to account for the difference in prices ... for example a mainland parcel outside of Bay City of circa 1000sm can be had to in some case $1000L but inside Bay City people are asking $69,000L plus or minus. At auction today I saw people bidding $200,000L for a modest roadside parcel. 

[Pussycat Catnap]

A smaller lot has a lower tier bill. So even though it costs so much, in a year of ownershipt it might be cheaper.

Plus a lot of what you pay for in Bay City is the location's theme with a lot of linden made roads and builds around. You're also, frankly, getting a community.

That said you could buy in Nautilus Islands, which is also double prim, and costs vastly more than Bay City - from 3 to 10x as much, and get no community. Nor do you get ocean access (you don't in Bay City either). And you can be certain your lot will be a 1024 perfect square. You also have lower odds of the neighbors sticking to theme, since most people there don't even know the theme - as the theme is more subtle than in Bay City...

- But its up there in price anyway. I think even in SL, there are places where some people pay just to be away from regular-folks that didn't pay that...

Bay City though, easily justifies its costs once you start invesigating what's in the 'deal'.