Our neighborhood was quiet and affordable until about five years ago. That's when the speculators and people arriving fresh from S. California showed up with bags of extra cash and the desire for their own, "West Austin/Hill Country Homes." A couple of speculators bought the large, rambling house next door. It was decades old and not particularly well cared for. Over the course of the next two and a half years, up to the present, the speculators tore down the old house and built a nouveau riche dream home, of sorts. The construction was stop and start. We never knew if we'd have peace and quiet or an army of saw and power tool wielding construction workers next door.
Soaring windows, multi-level pools and a hot tub big enough to hold Shamu. Faux Modernism in every kitschy architectural touch. They even built a recirculating "stream" along the front of the house which runs for about 200 feet and ends near the storm drain at the corner of their property. (Water rationing anyone?).
So, now they are (almost) ready to sell the house. The price tag is a choking one million, seven hundred and eighty nine thousand dollars, U.S. Today is the open house. They've spent weeks "staging" the house with trendy furniture, plants and throw rugs. The landscape company came this morning for one last "spruce up." There are balloons and "bandit" signs at every street corner, throughout the neighborhood. A three piece ensemble of musicians showed up to perform. They have cakes from "Nothing Bundt Cakes" and tea from one of the boutique tea shops that have sprouted up around oh-so-current Austin.
And the big draw for gentleman home buyers is the opportunity to test drive either the black or the bright red Tesla S automobile. How amazing? Right? Look at a $2,000,000 house and test drive an electric car at the same time. Chic.
After having been inconvenienced over and over again by the speculators' contractors we are disinclined to help out with the marketing of the house. To that end I've parked an ancient, pollen covered, Toyota Corolla with no hubcaps at the top of our adjoining entry way. It's there mostly to keep the herds of black Range Rovers and BMW X cars off our driveway. I've put the trash bags full of leaves out on the curb for the trash collectors and our lawn guy took a couple of weeks off. I was thinking of hiring some people from the theatre community to do, "Trailer Trash Homecoming" in the front yard, complete with Colt 45 malt liquor and big, bare bellies with tattoos, sitting in lawn chairs but my spouse said, "No!"
There are several problems with this whole gentrification thing that I'm having trouble getting over: One is that the asking price is ten times what most of the surrounding neighbors paid for their homes twenty years ago (when the neighborhood was casual and middle class) which means our property tax comparables will skyrocket (and we live in a state with no income tax which means everything comes from one of the highest property taxes in the country). The second is that when projects like this are successful in a neighborhood it opens the floodgates to an army of wannabe speculators and then all hell breaks loose.
Ah. The maturing of Austin, in which we get to pay in advance for the next generation's expenses and live day by day and month by month with fleets of cement trucks and dumpster deliveries rumbling up at all hours of the day and night. One issue I dealt with this year was not being able to do videos in our little studio. Couldn't do audio with all the jack-hammering. Sometimes it seems like the only answer is to sell and move along but ......
I sure like my house and my studio. And my dog loves her yard. Ah crap.