It's 2.89 in Iowa City. I grew up in Minnesota, and as soon as I am done with college, I'm moving back to Minneapolis. I absolutely love it there. Grew up in Brooklyn Park, and I can't wait to get back.
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It's 2.89 in Iowa City. I grew up in Minnesota, and as soon as I am done with college, I'm moving back to Minneapolis. I absolutely love it there. Grew up in Brooklyn Park, and I can't wait to get back.
Exactly what I am looking for - and I can even go further out to be an hour or so from downtown to get a spot right on a lake.
I might be your neighbor one day.
As I said, my business partner bought some land on a lake and built a "cabin" (more like a house then cabin, but you get the gist) that is 55 miles from my door....so about 65 - 70 from downtown. I'll stay their overnight sometimes (snowmobile for a few hours or have an evening of fishing) and it's 1 hour to work. It's nothing.
You can get into something I'd consider pretty damn nice (with very nice lakeshore) for $500K to $750K.
Here is a listing for a home on Lake Pepin....one + hour from the Twin Cities on the Mississippi....the fall colors are beyond description (my aunt and uncle have a place down there....it's unbelievable)....just to give you a feel:
If you want to spend less then $500K, you'll either give up something in the house or something in the beach front. If you're looking for something more modest (ie. kids gone and don't need as much room), you can definitely buy for $350K to $500K. Of course you can easily spend a million if that's your taste.
There is so much value if you get out of the cities a bit. You'll still pay decent for lake shore, but that's the one area of real estate that is at least holding its own. I don't think you'd be too disappointed with what you saw here. Winters can get a touch long, but you never get cheated on your 4 seasons (and you'll have a tough time finding a better place to experience fall).
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Quote Originally Posted by vanzack:
Im drooling.
Exactly what I am looking for - and I can even go further out to be an hour or so from downtown to get a spot right on a lake.
I might be your neighbor one day.
As I said, my business partner bought some land on a lake and built a "cabin" (more like a house then cabin, but you get the gist) that is 55 miles from my door....so about 65 - 70 from downtown. I'll stay their overnight sometimes (snowmobile for a few hours or have an evening of fishing) and it's 1 hour to work. It's nothing.
You can get into something I'd consider pretty damn nice (with very nice lakeshore) for $500K to $750K.
Here is a listing for a home on Lake Pepin....one + hour from the Twin Cities on the Mississippi....the fall colors are beyond description (my aunt and uncle have a place down there....it's unbelievable)....just to give you a feel:
If you want to spend less then $500K, you'll either give up something in the house or something in the beach front. If you're looking for something more modest (ie. kids gone and don't need as much room), you can definitely buy for $350K to $500K. Of course you can easily spend a million if that's your taste.
There is so much value if you get out of the cities a bit. You'll still pay decent for lake shore, but that's the one area of real estate that is at least holding its own. I don't think you'd be too disappointed with what you saw here. Winters can get a touch long, but you never get cheated on your 4 seasons (and you'll have a tough time finding a better place to experience fall).
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
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Vanzack-
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
As I said, my business partner bought some land on a lake and built a "cabin" (more like a house then cabin, but you get the gist) that is 55 miles from my door....so about 65 - 70 from downtown. I'll stay their overnight sometimes (snowmobile for a few hours or have an evening of fishing) and it's 1 hour to work. It's nothing.
You can get into something I'd consider pretty damn nice (with very nice lakeshore) for $500K to $750K.
Here is a listing for a home on Lake Pepin....one + hour from the Twin Cities on the Mississippi....the fall colors are beyond description (my aunt and uncle have a place down there....it's unbelievable)....just to give you a feel:
If you want to spend less then $500K, you'll either give up something in the house or something in the beach front. If you're looking for something more modest (ie. kids gone and don't need as much room), you can definitely buy for $350K to $500K. Of course you can easily spend a million if that's your taste.
There is so much value if you get out of the cities a bit. You'll still pay decent for lake shore, but that's the one area of real estate that is at least holding its own. I don't think you'd be too disappointed with what you saw here. Winters can get a touch long, but you never get cheated on your 4 seasons (and you'll have a tough time finding a better place to experience fall).
Wow. I showed my wife that and she said "buy it and I will go there next week".
I have to get serious about this, we need a change.
Thanks for your help.
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Quote Originally Posted by HutchEmAll:
As I said, my business partner bought some land on a lake and built a "cabin" (more like a house then cabin, but you get the gist) that is 55 miles from my door....so about 65 - 70 from downtown. I'll stay their overnight sometimes (snowmobile for a few hours or have an evening of fishing) and it's 1 hour to work. It's nothing.
You can get into something I'd consider pretty damn nice (with very nice lakeshore) for $500K to $750K.
Here is a listing for a home on Lake Pepin....one + hour from the Twin Cities on the Mississippi....the fall colors are beyond description (my aunt and uncle have a place down there....it's unbelievable)....just to give you a feel:
If you want to spend less then $500K, you'll either give up something in the house or something in the beach front. If you're looking for something more modest (ie. kids gone and don't need as much room), you can definitely buy for $350K to $500K. Of course you can easily spend a million if that's your taste.
There is so much value if you get out of the cities a bit. You'll still pay decent for lake shore, but that's the one area of real estate that is at least holding its own. I don't think you'd be too disappointed with what you saw here. Winters can get a touch long, but you never get cheated on your 4 seasons (and you'll have a tough time finding a better place to experience fall).
Wow. I showed my wife that and she said "buy it and I will go there next week".
I have to get serious about this, we need a change.
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
[/Quote
four different components contribute to the retail price: crude oil (73%), taxes (11%), refining costs and profits (10%), and distribution and marketing costs and profits (6%
I love how when the prices go up before the summer its because of the "summer driving season"
then before the winter its the "heating oil "season
I think in NJ and places like that they came down pretty far though like 2.99 for regular. here in shitty florida the cheapest i have seen is 3.49
umm, i don'tr think people heat their homes with gasoline. i think they use heating oil
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[Quote: Originally Posted by doser999] Vanzack-
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
[/Quote
four different components contribute to the retail price: crude oil (73%), taxes (11%), refining costs and profits (10%), and distribution and marketing costs and profits (6%
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
Don't mean to give an accounting lesson here but if you're saying they need to sell the expensive gas first wouldn't that be FIFO? And I'm calling absolute bullshit here because gas prices spike within hours of any news that might limit supply or increase demand.
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Quote Originally Posted by doser999:
Vanzack-
Oil accounts for about 55%-80% for the cost of gasoline at the station. Then you have to factor in refinery costs. Gasoline is also traded on the market. As the whole sale price is now starting to go down. I think it's1.90 then the stations start charging less. Also the companies use LIFO accounting Inventory. So they sell the most expensive first. Usually there are about 3 week lags on the price of gasoline and a change in oil. Every state and even county has different environmental regulations making California gas more expensive because it has to be of higher quality emitting less carbons. The reason why gas prices went up in the Midwest and was because of that hurricane that closed down all the refiners. The wholesale price of gasoline skyrocketed (in that area) so prices jumped. So in a nut shell, you have to look at Gas futures as well as oil futures in + state taxes+market manipulation on gas to understand why gas is priced the way it is.
Don't mean to give an accounting lesson here but if you're saying they need to sell the expensive gas first wouldn't that be FIFO? And I'm calling absolute bullshit here because gas prices spike within hours of any news that might limit supply or increase demand.
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