r/Homebrewing • u/jda813 Beginner • Aug 31 '21
Anyone in Boise, ID looking to buy a home? (Srs Homebrewing details in link) Brew Humor
https://www.zillow.com/homedetails/3880-N-Payson-Ave-Boise-ID-83704/79694618_zpid/71
u/iceph03nix Aug 31 '21
$525k house.
Thousands of dollars in brewing equipment in the garage.
$10 Walmart chairs in the backyard...
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u/JackanapesHB Advanced Aug 31 '21
When you have thousands of dollars of brewing equipment, you have to cut costs somewhere.
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u/beeps-n-boops BJCP Sep 01 '21
I mean, that is r/technicallycorrect.
I have thousands of dollars of brewing equipment.
They have tens of tens of thousands of dollars of brewing equipment.
;)
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u/T-Bills Aug 31 '21 edited Aug 31 '21
Most likely just a prop the realtor put it for people to imagine themselves there in the spacious yard or something.
Wonder what they meant by "Commercial Grade and licensed Brewery set up" though.
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u/iceph03nix Aug 31 '21
Definitely possible, it was just funny to see the Walmart brand so prominently.
Also not bashing on the brand. I've got an insulated mug from them that's just as good as the Yeti mugs
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u/Goyteamsix Sep 01 '21
That's pretty common to see with high end houses. Some people don't spend a ton of time outside, so the cheap shit works.
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u/iceph03nix Sep 01 '21
I can really say for Boise. It's slightly larger than where I live, but even knocking off $100k for the equipment, it's twice what we paid.
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Aug 31 '21
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u/deputydarsh Aug 31 '21
Both, except replace Idaho with Boise
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u/Dr_thri11 Aug 31 '21
Serious question what's up with Boise? I know houses are up, but this is pretty abnormal for a city in the middle of the country.
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u/deputydarsh Aug 31 '21
Without any first-hand experience about Boise, seeing as I've never even stepped foot in the state of Idaho, my understanding is it's yet another place that's seeing a boom in population and housing values from the trend of people leaving larger cities to relocate to smaller cities. Most specifically it seems to be a lot of people from large cities in California cashing in on their homes and having large enough budgets to pay above asking price for homes that are already up in value from having such low home supply/inventory. Most of these boom cities have close access to outdoor destinations - hiking trails, ski areas, etc and a decent food/drink scene. Also seems the increase in people working remotely has also exacerbated this trend since many high earning people are able to take their job with them and make big city wages while working from wherever they choose to.
Another potential factor I have read about is corporations/real estate investment trusts buying up single family homes, out-bidding other interested parties in order to rent them out. Not specifically in Boise, just a trend all over which certainly isn't helping what's going on in this ridiculous housing market.
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u/Dr_thri11 Aug 31 '21
Just seems odd living in a midwest city much bigger than Boise. Prices have definitely been increasing here, but that is MAYBE a 200k house in these parts.
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u/Sluisifer Aug 31 '21
CA can't be everyone's boogeyman - they're mostly going to Texas and Arizona. And most people leaving are on the lower end of the economic spectrum. Tax base is going up, not down.
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u/Chemmy Aug 31 '21
I agree, also people don't just pay over asking for fun. The value of the homes in Boise are going up because it's now seen as a more desirable place to live based on the things the guy you're replying to said.
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u/deputydarsh Aug 31 '21
I guess we'd have to take a look at the data. Not trying to use CA as a boogeyman necessarily, but it's a documented trend that people from larger, more expensive cities are leaving and going to smaller places. You don't have to be loaded to have purchased a home at some point in CA and have the value increase, and for selling it to give you a higher budget than most people like you would have in whatever place you are relocating to.
Truly it can't be boiled down to one single factor, it seems to be a perfect storm of a handful of factors with covid playing a large part in accelerating them - people working remotely and being able to live wherever they want, fewer people listing homes causing low inventory which creates bidding wars for the few homes that are available, low rates increasing demand with supply being low, etc, etc.
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u/Lithosis Sep 01 '21
It's mostly California. My family is one of those that moved here in the 90s. Seattle has started moving here too I think. I live about 3 miles from this house. I've also lived in Idaho Falls and sold that house to someone with a large amount of money from their previous home, likely from one of those two, but I'm not sure. They had to disclose this. That was 4 years ago. I sold because I moved to Twin Falls. When I sold the TF home to move to Boise it was to a family from California.
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u/useles-converter-bot Sep 01 '21
3 miles is the same as 9656.04 'Logitech Wireless Keyboard K350s' laid widthwise by each other.
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u/ElXGaspeth Intermediate Sep 01 '21
I currently live here. It's crazy. It's not all speculation as far as I can tell as even rentals are filling up ridiculously fast. I bought my house here around three years ago for ~$200k and it's more than doubled in estimated price since then.
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u/deputydarsh Sep 01 '21
Yeah the market is crazy in general right now and you add a little extra demand on top of that and it's just insane. Rental market is like that too here in Bend. Had to be the first person in line to get a rental here. Bet it feels great to have bought at the right time though!
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u/SeaGriz Aug 31 '21
It always shows up on the most livable/best mid size cities lists. It’s a great spot going through some growing pains
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Aug 31 '21
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u/Threeedaaawwwg Sep 01 '21
For some reason they blame it on Californians moving there but I haven't met anyone from California that's interested in moving to Idaho, of all places
I met someone from California who wanted to buy property in Idaho for short term leases 🤷♂️. Property values are raising everywhere, and I think California is just an easy scapegoat.
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u/jkster107 Sep 01 '21
Probably both, but more inflation and overvalued real-estate. Denver metro has plenty of 1500sqft homes listing at or just above that price range: 124 if I set the Zillow filters correctly, which seems to be on par with Boise, Austin, Portland, Kansas City, even Chicago
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u/Mumblerumble Aug 31 '21
Tons of people moving from CA. Market has been inflated to an insane degree because of it for the last few years.
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Aug 31 '21
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u/goodolarchie Aug 31 '21
Good sleuth work. Now I just wonder what compelled him to get his home commercially licensed when there's no floor drain or any real brewing infrastructure, vs. just getting a slightly larger space in the tap room?
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u/AlexTehBrown Aug 31 '21
probably pilot and experimental batches for the brewery. In case they actually want to sell them.
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Aug 31 '21
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u/gtmc5 Aug 31 '21
Yeah, it says exactly that on the Bear Island website, for the first 5.5 years we operated out of our 2 car garage, before moving to new site at an old firehouse.
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u/bouldertrex Sep 01 '21
Idahoan here, navy vet started the brewery and moved into an old fire house. Beth, the brewer, makes kick ass beer.
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u/goodolarchie Aug 31 '21
That would be my guess, except why leave the equipment behind?
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u/CyclopsLobsterRobot Sep 01 '21
Maybe it’s difficult to sell. The house seems expensive for Boise. Could be hoping it raises the value of the house for the right buyer, effectively selling the equipment and house at the same time.
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u/thebeerhugger Sep 01 '21
Was going to post the same. Bear Island used to exclusively brew out of their garage until they opened their current facility a couple years ago.
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u/secrtlevel Blogger Aug 31 '21
I don't think this is a home, that's a 3 bbl brewery!
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u/jda813 Beginner Aug 31 '21
sent this to my wife, and her response was, "yea, that'd be your house if you were single." lol
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u/Dr_thri11 Aug 31 '21
How dafuq are 1500sqft houses fetching half a million in Boise. Did I miss a big news story where the whole city got airlifted and relocated to coastal California?
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u/MockDeath Aug 31 '21
This has been going on since the pandemic. In Nampa a near by city of Boise, my house has gained 20 percent or so equity since April...
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u/xnoom Spider Aug 31 '21
Dunno what's up with Boise, but that house in coastal California (with an 8k+ lot size) costs easily 2-5x that much depending on which part.
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u/Dr_thri11 Aug 31 '21
Yeah I realize that would be a huge bargain in the bay area. But compared to other non coastal similar sized cities 525k for a 1500sqft 3bd 2bth is insane.
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u/the_chandler Aug 31 '21
I don’t know what you’re on about. I live in the LA area and that property would easily be $2-3M here. Easily.
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u/Dr_thri11 Aug 31 '21
I get California has super high prices. I'm saying Boise prices are a head scratcher for being fairly isolated, nowhere near a coast, and a population shy of 300k.
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u/deputydarsh Aug 31 '21
Definitely don't look at prices where I live then, unless you want to scratch a hole through your head... (Bend, OR). If people are able to bring their work and wage with them wherever, vacation destinations where traditionally it is difficult to find work that supports the cost of living become workable when they weren't before. Doesn't have all that much to do with population, coastal, isolated or not, etc. If it's a desirable place to live for whatever reason.
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u/Dr_thri11 Aug 31 '21
I guess what I'm getting at is Boise Idaho doesn't seem like it would stick out as being an extremely desirable place to live (not bad just not amazing). At least not on a level that would justify those kind of prices. Like I said I get that if you scoop this place up and put it in San Francisco it's probably 3x the price. But Boise seems like it should be your average middle of the country medium sized city.
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u/deputydarsh Aug 31 '21
It wouldn't seem like it sticks out but it's definitely listed commonly as sort of an up and coming city. When my wife and I were trying to figure out where to relocate to from the hell hole that is the southwestern desert, we were looking for a smallish-medium sized city had all 4 seasons without too terrible of winters, preferably on or near the west coast, with numerous outdoor activities available right there, Boise definitely made that list along with places like Salt Lake, Colorado Springs, Spokane, Flagstaff, etc. I think another thing is in the current housing market $500k isn't really all that expensive anymore, unfortunately. I'm also not familiar with the area enough to know whether this home is in a desirable area of Boise, which would certainly affect price, and the fact that it has a small production brewery in the garage I'm sure is contributing to the price here as well.
So, no, Boise is not some insanely desirable place, but I don't think this is really an example in the current market that implies that it is.
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u/bouldertrex Sep 01 '21
I moved to Boise from Denver in 2016. I needed 4 season, less crime, less traffic, cheaper cost of living, amd skiing within a reasonable distance. Not too many places hit those points.
Often compare Boise to Denver 15-20 years ago.
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u/Dr_thri11 Sep 01 '21
Just sayin I just bought a place twice this size for much less 30min away from the downtown of a city big enough to support a couple pro sports teams. Just odd to me that Boise of all places commands those prices.
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u/danielmiller19 Sep 01 '21
I guess you’ve missed the last 5+ years where Boise and it’s surrounds are continuously listed as a top city to move, for young professionals, families, etc. it’s exploded recently - and with many neighboring states having such harsh Covid restrictions, people have moved to Idaho with the hopes of less governmental pressing. It’s taken way off - and it’s a great place. There’s city, forest, skiing, fishing, etc all in 30 minutes and it even used to be affordable.
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u/beeps-n-boops BJCP Sep 01 '21
We used to talk about retiring to Bend, until we got a look at house prices and what you actually get for your money.
:(
My humble 1700 ft2 house in the Philly burbs would easily cost over half a million out there, and the $225K I paid for it would get me a 1BR condo, or a trailer on the outskirts of town. Maybe.
Still love to visit, though. One of my favorite towns in the US. Last time we were there we finally got to experience the 4th of July Pet Parade... and the annual unintentional fire up on the butte. ;)
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u/deputydarsh Sep 01 '21
Yeah, we just moved here over the summer. Have been wanting to make it happen for about 3 years and wow would it have been a much better situation 2-3 years ago when we were first looking. There were plenty of homes in the $300ks and you could get something pretty nice in a good area for $400k. Now $500k hardly gets you anything.
But yeah, it's an incredible so I see why it's so desirable and in demand. Not sure that it's worth so much more over other cheaper places, but that's pretty hard to quantify. The nice thing is it's an actual city that people do live and work in, despite the vacation town label it gets. It's pretty easy to make it work in the professional industry, but it's becoming a huge problem since service workers can't really make it make sense and there's quite the shortage of labor because of that. Every restaurant has a help wanted sign and many of them alter their hours because they don't have the staff to be open at full capacity.
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u/flying_trashcan Aug 31 '21
I thought Boise was supposed to be relatively affordable... I see a lot of <2K sqft half a million dollar homes there. The schools aren't even good!
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u/iamtehryan Aug 31 '21
Boise has exploded as of late in terms of home prices and real estate market. They're seeing a large influx of people moving there, or out of state people buying second homes there, or companies coming in and buying up real estate.
Source: work in the industry
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u/motorcycle-manful541 Aug 31 '21
Plus, you have to live in Idaho, the most backwards state in the northern u.s.
Source: Oregonian
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Aug 31 '21
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u/poopsmitherson Aug 31 '21 edited Aug 31 '21
Stop politic-ing in the homebrew sub. Please. Please. Let me have this one safe space where no one talks politics.
Edit: tagging u/durkka because this goes for you too man. Let's all just RDWHAHB.
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Aug 31 '21
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Aug 31 '21
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u/myreality91 BJCP Aug 31 '21
Rule #10: Politics: Off topic, even if it is commercial beer laws/politics. Take it elsewhere. If it's related to homebrewing regulations, then OK.
End this discussion. Now. /u/chino_brews /u/skeletonmage
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u/skeletonmage gate-crasher Aug 31 '21
This works. But you can report it too. So thanks for that!
To the others: I have removed the conversation per the rules. Keep politics out of this sub.
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u/Smurph269 Aug 31 '21
The sad thing is a $500k house is relatively affordable compared to like 50% of the cities in the US these days.
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u/SeaGriz Aug 31 '21
Some of the public high schools have been historically very good. Not sure how true that is these days. But yeah, Boise’s housing market is stupid
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u/Huffalo19 Sep 01 '21
Boisean here. Housing is out of control due to a large population influx and a small amount of available housing. Just to give some examples, coworkers are experiencing rent increases for year long apartment leases of 50-100%. I sold a 2200 sq ft house on the edge of town in Jan 2019 for $250k and bought a 3200 sq ft home in the same neighborhood for $290k. These houses now have a value on zillow of $440k and $540k. There have been recent articles indicating that Boise is the most overvalued housing market in the country. So yeah. That's sort of what's going on here.
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u/thebeerhugger Sep 01 '21
It's sad. We moved here in 2017 and rent. I don't think buying a home will ever be an option for us.
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u/Huffalo19 Sep 01 '21
And I totally get that. I have not been super successful with any property I have owned here in the area, but I've been lucky enough to make things work. I couldn't afford a place now. My wife and I have good paying jobs, even by Boise standards. It's sad to think my kids may be forced to leave the area to own something of their own one day.
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u/Bent_Brewer Sep 01 '21
No room to expand the brewery though.
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u/stillin-denial55 Sep 01 '21
I'd be most concerned with waste management. No floor drains... Lots of waste to stuff down residential plumbing.
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Sep 01 '21
Can someone explain to me why a 1500 square foot house is so much money in idaho? Let alone anywhere at all ever?
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u/RunnerdNerd Sep 01 '21
Buyer beware: it is federally illegal to have a commercial brewery attached to a residence. So detached garage = good to go. Attached garage = not good to go. They started enforcing that about 10 years ago, it used to be more lax. This seller either got lucky to skate under the radar, or is a relic from before the rules changed. New owner in theory won't be able to continue that business.
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u/JagoffLawyer Aug 31 '21
Of course the first picture that you see of the inside of the home is the brewery.
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u/Holiday-Opinion4329 Aug 31 '21
No, but I'm willing to doubt my heterosexuality for this hero.
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u/AmericanAssKicker Aug 31 '21
That has to be someone doing side-brews for their store/tap house/restaurant/brewery.