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These maps seem to conveniently leave OFF high end properties.  A friend of ours sold and closed on their 5365 square foot golf course house in Seven Oaks Grand Island Showcase for $1,925,000 over a month or two ago - another (tacky) one about the same size in Showcase (in a very bad location right next to the Pavilion/Grill/Pool) just sold for approx. $1,700,000.   Home values in this area are down to about $350 a square foot now.  That's actually a very good deal considering the cost of the lots ($400-500K) and cost to build custom homes to the very high standard Castle & Cooke requires for homes in Showcase (where required landscaping costs $100,000, not to mention the 360 degree high end stone finishes, copper roofs etc. they demand). If one had the money, this is a very good time to buy - especially for higher end homes!  Even if values only creep back up slowly at 5-10% a year, that's $75,000 -$150,000 a year profit on a $1.5 million dollar home!
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