$4.00 Gas and the Perrysburg Real Estate Market
August 26th, 2008 . by Jon ModeneWhen Perrysburg was designed – and by the way, it is one of only 2 cities in ENTIRE COUNTRY planed by the Federal Government, the other being, of course, Washington D.C – it was designed with walking and horses in mind.
The “Boundary Streets” are each exactly 1 mile long.
They are laid out with the compass.
They “hold” the “numbered” streets and the “tree” streets in a wonderfully designed way.
You can walk just about anywhere “inside the Boundary’s” in about 10 or 15 minutes – depending on where you are starting or what you have to carry or how old your horse was I imagine.
But the automobile changed all that.
You can now live way, way out of town. And not have a care in the world.
Until gas hit $4 a gallon.
Then you and I cared. We all cared.
I always thought that Riverbend was too far out to be a Perrysburg neighborhood. Way out on West River Road – Anthony Wayne Schools. Different phone exchange. Still Wood County – but not the same schools, police, water/sewer. In Perrysburg’s orbit, but not in it’s gravity.
At least back when gas was $2.25 a gallon.
Now? At $4.00 a gallon?????? You are going to run into town for a pizza from Riverbend? In a SUV? Really?
I don’t think so.
I think commuting patterns are changing. I think buyers are changing where they want to buy. I even am hearing talk of fellow Realtors planning of not giving big free grand tours to maybe, wanna be buyers. Not unless they sign a contract for buyer representation services BEFORE they hit the road. Just costs too much GAS MONEY. There are even markets where buyers pay money for agents to represent them on an hourly basis. Can’t ever happen here. Right?
Riverbend? Too far out?
The bank has taken the ENTIRE subdivision back – the entire thing. It’s all been foreclosed. Broken dreams of broken developers and investors and builders lie all over the place. What was going to be “Wood County’s Biggest Development” has become instead its’ greatest foreclosure. http://findarticles.com/p/articles/mi_qa5333/is_200402/ai_n21344307
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