With single family homes you have to deal with yardwork, etc and you probably can’t walk to restaurants, bars and other things downtown living provides. I’d be willing to guess that people buying $1 million townhomes probably have vacation houses as well that can provide privacy when needed.
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My first thought is, a million dollars for a townhouse in DTR… 
My second thought is, a million dollars for a townhouse in DTR is much better than what I paid in NY/CA/etc. 
My third and final thought is, a million dollars for a townhouse in DTR, now that it a great idea for a place to “hide” my “dirty” money? 
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^ all valid points.
The other day I was playing around with zillow and found this $305K mobile home for sale in north San Jose, CA. 620 Hermitage Ln, San Jose, CA 95134 | Zillow
Mind you, this is a 1992 mobile home on a lot you have to rent for more than a $1000/month.
To put this in more perspective, the buyer of a million dollar townhouse/condo in Raleigh might be the seller of this million dollar listing in San Jose: 88 E San Fernando St UNIT 2011, San Jose, CA 95113 | Zillow
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And the perfect reason to leave Southern California! 
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Tom foolery I’ll tell ya
You can get a SFH for 400k just min from downtown, hire someone to do all your yard work and take Uber for 5 min to downtown for the next 10 years and still not go above 500k and then when ready to move make 200k in equity. Over priced junk. Yeah and throw in a nice in home massage once a month for goo measure.
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Zillow just continues to show whatever the last listed asking price was until the sale actually goes through, so we won’t know what the actual agreed upon price was until (and if) they actually close on it.
Will be interesting to see how close the sale price is to asking, since this unit was originally listed for $1.39M in 2018 (under Price and Tax History), and then they bumped the price up 40% a year later.
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Wow, almost $800/sqft. Plus HOAs of $840/mo, if not actually $1,000/mo or more (the HOA fees shown on Zillow tend to be outdated).
Money definitely goes further here. These townhomes, at ~$400/sqft plus $250/mo HOAs, must seem like a steal coming from that, despite the $1M price tag.
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Yes. Exactly my point!
Take a close look at that kitchen. It’s certainly not what you’d expect in a Million Dollar listing in Raleigh. Our Million Dollar listings would be 2-3M in other markets.
Here’s a comparably sized unit in Santa Row in San Jose (North Hills-ish), and it has a view of a parking garage as well. 356 Santana Row APT 320, San Jose, CA 95128 | Zillow
For 2.2M, you still get carpet on the stairs, and in many rooms, plus no rooftop terrace. I’m telling you, the product that Raleigh puts out is really quite nice, despite its high prices.
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I think that we may be getting way off topic, but…
What does 1 million get you in DRT vs.
Richmond Va.?
Omaha, NB?
Memphis TN?
Nashville TN?
Austin TX?
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Another off-shoot… I wasn’t familiar with the area this house is in but I google street-viewed around and I think this is a great example of what North Hills-esque developments could be if they weren’t completely internalized. Despite bordering a 6+ lane road, this does not turn its back on it. It works. I’d still walk on that sidewalk. Development on the opposite side of the street is now encouraged to complete the street edge too, and the area feels more connected. I want to see this in Raleigh.
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Although not one of the million dollar townhomes, I will take mine with city views over the SFH minutes from downtown anyday.
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Ah…the Winchester Mystery House, and the Century theaters! Those theater signs haven’t changed since I was kid (and that was a LONG time ago)!
Love it.
What I like about Smoky Hollow (that’s close enough to Glenwood South for this topic) is that it also doesn’t turn its back on anything…well, at least not phase 2.
I’ve been to Santana Row several times, and it’s definitely internalized along its main drag (Santana Row), and it’s surrounded by parking garages that are then wrapped. A lot of that sidewalk experience around it is fake, and the sidewalks are also narrow. It’s a terrible example in my opinion. Winchester Blvd. is no Glenwood Ave…at least not as intimate as it is in Glenwood South. Santana Row is a much fancier Midtown Miami, if anyone is familiar with that place.
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Congratulations Sir!
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Similarly, I’m all good with my Glenwood South condo.
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Good over here on the SW side. 
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It makes sense that they wouldn’t line the entire boulevard with retail since that’s not the primary pedestrian route, and I get what you’re saying about it being a fake experience. I did notice a lot of parking faced the street. Still, even just completing the street edge, having pedestrian-scale ground floor articulation, and retail at the corners that extends all the way up to the “entrance” of the development works wonders. The contrast between that and this is massive.
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I understand what you are saying, but trust me. You wouldn’t like the place if you visited it. There’s just something inherently impossible about wedging a neo-urban experience into a context of that was strictly planned for auto-dependency. While possible, roads like Six Forks and Winchester are not intended for crossing by foot, and the experience of being on a sidewalk next to them is not pleasant.
Glenwood South’s context, for all the naysaying and trash talk it gets here, is perfect to anchor a broader pedestrian neighborhood. The road is narrow and human scaled. The neighborhood is gridded, and there’s plenty of people living there now. The city should be all-in, focusing on taking it to the next level, because it’s really Raleigh’s best shot at a comprehensive urban neighborhood.
Smoky Hollow 2, which does engage the sidewalk on nearly all street facing facade, will only enhance the greater neighborhood’s experience. My only regret so far for SH is that they weren’t more thoughtful with the Publix orientation and massing. While I appreciate that they didn’t want SH to put its back to Peace St., let’s be real here.
Most people are accessing Publix by car, and the vast majority of those who are (& will be) walking there would be better served by the pedestrian access facing Johnson.
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I remember taking the tour, they mentioned that Publix basically got to dictate everything about the layout, so maybe just a trade-off for getting a regular grocery store downtown finally.
Speaking of that project, whatever happened to the artwork for that parking deck? 
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