What $50,000,000 Buys You in TEXAS vs NYC
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- Опубліковано 13 чер 2024
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What $50,000,000 Buys You in TEXAS vs NYC! In this episode I'm comparing what just around $50M buys you in New York City vs Texas. Comment below which home you prefer.
Full Texas Tour • What $50,000,000 Buys ...
Full NYC Penthouse Tour • Inside a $54,600,000 B...
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Timestamps:
0:00 - Intro
1:05 - Exterior / Land
4:20 - Living Room
8:53 - Kitchen
14:29 - Owners Suite
20:38 - Guest Rooms
25:38 - Amenities
Produced, Edited, and Directed by Resolute Wave Inc 2023
I'd take the Texas mansion in a heartbeat!
@@nxghtm4r318NY is for the environment and work vibes and texas is more for the “YOLO lets have an epic gigantic house to enjoy the rest of my life” vibes
Its all preference . Nothing is actually better, most people would dream to have any house 🎉
@@nxghtm4r318 6 ACRES friends can live with me and im right on the lake??? No question texas
@@nxghtm4r318Insane 😂😂
fr Texas
I think the staging of the Texas house made it underwhelming for that price point. Erick, I think it would be cool to see a NYC condo vs a Miami condo as well!
Stole the words out of my mouth and YES to the condo.
@@samdaza there is a reason why no one has bought that condo since it was built, the building sways a lot
You'd get a small mansion with that money here in Hawaii lol
I was gonna say, as a uk person, that build looked way too overpriced for what you get
Boston Miami would be cool to see
I just want somewhere to live so I won’t be homeless.
, so many people losing everything you don’t have a home or apartment and can not afford the rent increases in BIDEN’S America give it to god Michael you will be alright 🙏🏿
Interesting
God bless your with your own home soon, brother. Amen
Just sneak in to a closest in one of these Mansions, they'll never know🤫...
Thats what happens when you invest all ur money in an umbrella😂😂
Remember, we're not comparing ALL of Texas to NYC. The video is comparing AUSTIN to NYC. Living in Austin is *way* more expensive than most of the rest of the state. Broad Oaks Ranch, an hour outside of Houston, for example, is on the market for $29.5m, which gets you 18 beds, 18 baths, 1308 acres (about 2 square miles worth) with an 8-acre lake. So $50m in Texas could make you live pretty outrageously if you found the right area.
(Yes, I know that you get less space in NYC because part of what you're paying for is convenience/access to the city/views. Everybody knows that lol. I am only pointing out that because Texas is so big, you can get even more than what this video shows if you live outside of the Texas triangle.)
I understand what you're saying, but also consider where the NYC apartment is located - probably the most expensive area of the State of New York. So its a fair comparison, I believe. I bet you could get a lot more for 50 million elsewhere in NY, just like you can get much more in TX away from Austin.
I'm assuming the Texas triangle is Austin, Houston & Dallas, right?
@@bofi1280 San Antonio too
Yes but location is also important. A 30,000 sq ft mansion with 30 rooms in the middle of the Amazon rainforest being hundreds of miles from civilization would cost $100,000. Location is just as important as size. That’s why living in New York City is so expensive. There’s over 200 skyscrapers and it’s one of most known city’s in the entire world.
Ok I’m pissed with this…. How do people have such money for homes… I don’t even have money for rent 😣😣
I agree with You. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations. They can help you stay on track and avoid making impulsive decisions that can harm your financial future.
I used to think like you. I thought I knew enough about finance and investing to handle everything myself. But then I realized that I was spending too much time and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and gave me peace of mind.
how did you find a good finance advisor? How do you know if they are trustworthy and competent?
My portfolio is made up of dividend etf’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas with help of an advisor CHRIS RYAN STEWART who I’ve been in touch with over the years before buying any stocks and it’s been working perfectly for me.
CHRIS RYAN STEWART
GOOGLE the name
For me, it’s the Texas home. I’m not going to spend my life staring out the window. I can actually go outside and enjoy my yard and swimming pool!
Thing about Texas is you have to take into account how far away you are from places like restaurants and activities. In nyc you can walk out your front door and you have everything you could ever want within steps. Same as entertainment. There is non stop entertainment options right outside your door every single night. That isn’t the case in Austin or Texas. While the privacy and seclusions is nice, it’s also amazing to have non stop things to do at any moment.
You are partially correct there… I live in Austin, and yes you'll need a car, but there's something great about all the space… While I love New York City, Austin is a special town that is quite lovely. Though we do not have the culinary delights New York City has to offer, there are a few very good restaurants here. One thing I would point out is the property in Austin featured is worth nowhere near $50 million. It's a nice chunk of land and the home has an interesting design, but the interior design is really abstract and boring. The interior designer really missed the mark. I have been in a couple of $50 million homes and unfortunately that one doesn't compare. What it really needs is a Grass tennis court. That would be the touch of class that Austin sometimes misses.
It's all fun and games in the NY apartment until you have another pandemic shutdown and can't go outside to enjoy nature. Having your own PRIVATE compound of nature; trees, gardens, and lake is something that can't be compared to living in a concrete home, even if it has great views---you will eventually get tired of it. However, when you are close to nature and animals and birds chirping and tranquility and clean air, you will thank God during a pandemic.
@@BigShegz see im someone that doesnt really care about having nature around me, plus even though nyc was "shutdown" during the pandemic, there were still alot of places open, and im pretty sure central park was one of them. ive lived in both the city and the suburbs and I choose the city everytime, I like my life to be convenient not pretty
I lived in both I think people under estimate Austin's nightlife/entertainment. Also NY traffic is SIGNIFICANTLY worse (regardless of how Austin citizens complain). You can be on Lake Travis to downtown Austin in 30 minutes. It might take you 30 minutes to get from Central Square to the bottom of Manhattan + getting parking and everything else. Although people who can afford these properties probably have drivers.
@@billy2069 yea I was gonna say most people that live in NYC don’t drive
Theres a bit of a claustrophobic and inhumane feeling about the appartment where you are surrounded by glass walls, and the only terrain is hundreds of meters below you. I feel like some primal instinct always wants there to be some level terrain around so you can escape. I really can't decide though because that view is amazing. Mabye i'd pick the appartment if i could fill it with plants and redecorate it a bit more relaxing and natural vibe rather than elegant.
yeah the people who live in those apartments only get them for status, they really only live there like 2 weeks a year or less
@@kitkateater1958 Most don’t even live in them. They use them as assets to get loans
The mansion in Texas is huge but the view from the nyc apartment 🥵
Views 9/11 part 2 from a overpriced luxury apartment: 👁️👄👁️
Im not even a big city guy, the texas house speaks to my mind, that nyc apartment with that view speaks to my soul, its incredible, amazing, jaw dropping views that your brain literally cant comprehend. Just incredible.
Yes you are absolutely right! Nobody ever uses those amenities! Im living in a fully serviced apartment in vienna with a gym, a pool 2 saunas, and a steam sauna and me and my brother are the only ones using those amenities. We have barely ever seen the other owners of the apartments there. So basically we got all those to „ourselfs“. Very good comparison video - I personally prefer the new york apartment just because I like the city life. But it all comes down to preferences
free
Personally, I find the New York apartment immensely superior.
You would have a prime location in the hearth of the city plus some cozy, minimal and tasteful design, views and your property would probably increase its value on a higher rate.
ye....but imagine walking out from your apartment and be in New York....eh
with a house NYC penthouse like that. Most of them have chauffeur with their luxury car in choice. These towers amenities also provide chauffeur service for penthouse residents. @@danielcapek5782
@@danielcapek5782have you ever been to nyc?
@@Ary-vr1pu yes, I was. Why is it desirable to live there? The prices are high, noise everywhere, too crowded.
@@Ary-vr1pu i understand him(i live in nyc). It a good place but Manhattan depending on what area you live is very loud. If your looking for quiet/peacefullyness nyc is not the place for you
The view in the apartment is a bit nicer…. But the outdoor space in Austin is more usable 😎
Central Park is nice outdoor space too, you just have to share it with a million people.
Give me the New York house so I can stare out the window like an evil villain
This is the first time I have seen this kind of contrasting editing technique.
I believe that the shooting work is not easy!
I like both homes and look forward to moving in one day!
You did a really great job again, thank you very much for sharing！👍🥰🙏
You're going to move into one? Great story sucknuts
I feel like Texas missed an opportunity to have an outdoor portion to that washroom. Outdoor shower and tub would have been nice.
going with Texas because I don’t have a huge fear of heights but that… it was too high and I feel like one natural disaster would topple it
Or a wayward plane - especially those uber-thin buildings.
I would pick the Texas house especially after covid having my own land and garden 🪴 would be more important to me then a view. You can’t eat that view. Lol 😂 it’s a survival with me.
It’s not a fair comparison. He comparing a mansion to a penthouse. Instead he should compare New York State Mansions with Texas mansions
Facts me as well
@@legendaryking913I dont think that there are may penthouses that cost 50million. The New York penthouse is only thay expensive because of the location and the view
Just watching Erik on the balcony of the skyscraper kicked my anxiety into high gear.
You ain’t lying lol
It triggered my vertigo. I had my sweaty palms on my computer chair armrests feeling like I was going to fall off that balcony.
Was very surprised that the balcony railing was that short. Edit: he’s tall, but still.
I much prefer The One Penthouse at CPT up the street where the railings are just full glass walls. My favorite balcony so far.
New York takes it for me. The Texas property is big & beautiful but its something you can experience at a much lower price.
I would take the Texas place 100/100
I couldn't handle not having any property outside of my apartment, and on top of that I would have a panic attack trying to enjoy the view from realizing how high up I am from the ground lol
Home run bro on the video!! For me it NYC wins, the views and the City’s energy gets me there.
That Austin crib is near common fords. What a great spot. I’m choosing Austin. Fresh Colorado River in my backyard and then about a 15-20 minute drive my downtown. That’s easy.
I was expecting this to be an easy choice but honestly I love both of these equally
It would be great going forward if you can include annual cost for utilities, taxes, landscaping, housekeeping staff, security, insurance….etc….
The Texas villa has more space like a backyard, a front yard, and a garden. The New York Penthouse has a nice view of the city and better quality material inside like the onyx natural stone... If you are a banker or hedge fund trader and you want to feel on top of the world. The New York Penthouse is the best for you. If you are a tech millionaire you want a space to walk, party, and swim with a garden, the Texas villa is the best for you. I prefer the Texas villa.
Great content!
Love your real estate videos!
Both beautiful homes but I'd have to go with NYC. You just cannot beat that view. The view in Texas you can find just about anywhere.
the camera man breathing was so funny
That view of Central Park is absolutely incredible.
This video came up in my feed. Hey, great channel.
I am strickly choosing Texas because I have a phobia of heights lol
Texas for sure! You get more for your money.
People like me that live in NYC don’t live here because of a house , that’s just a piece of wood. We’re here for the salaries/ opportunities and stuff to do. People that live here is barely home. Home is to sleep 😂
@@SM-gm6hr Ohhh I get it. It’s nothing like New York. I absolutely love New York, can’t afford to live there, but for me I just get more bang for my buck in Houston, Tx. But trust me I try to get up to the beautiful city of New York at least once a year!
@@lessconfused5179 Yeah for sure!! Houses there are way cheaper and nicer, like i said im not usually home but for a family with kids Texas is way nicer than NYC in my opinion. I would love to visit Texas too one day.
@@SM-gm6hr I totally get it. NY is the largest city in America for a reason and it’s definitely a place where dreams can come true. For those of us that the dreams don’t come true I still want to get up there and experience the energy of that great city! Take care and gratitude for responding!
the outfit style from each House/Mansion shows you its like "Business Man" and "Relaxed Wealth"
Amazing thank you !
Fantastic video Erik! I got to be honest if I had the money. I'd choose the NYC apartment. I have a small family just my misses and the one child. The place in Texas is just way too big for us and our lifestyle. We love to go outside of our house. We enjoy travelling to the park and cafes and just walking overall. NYC would be the perfect place!
new york is convenient.
Y’all be forgetting about monthly HOA could run 15k or more each month
if you paid 50m i dont think 15k/m is anything@@georgiamarierx9682
@@georgiamarierx9682 and property insurance and property tax. both will be high for this property. Better off to stay at a 5 star hotel for a few months a year in NYC, a few months in London, a few months in the Tropics for the same money
You can buy a nice mansion in Texas for 1 million USD.
Yeah definitely Texas but great video Erik 👏🏾👏🏾👏🏾
The stache is awesome. Few can rock it you rock it well.
We wakeboard by that house all the time. Go Austin!
The Texas just home has way more amenities, property and more...
I like the Texas one its on the ground big and surrounded with nature
Living outside the US in a very crowded city but rented a nice semi private condo where amenities are all in one place, i have to give to texas, in my city it's nice that you have all of those hang out spots and not having to drive a long distance for groceries, but when you have your private garden and this much land, you can grow your own food, also i love the privacy of having most of the guest rooms on a completely different building, far away from the main complex, cause considering the glass walls and such you wouldn't like the guests being close to you except the two buildings that are the tree and garden house for close personal such as family and lifelong friends.
Not a single person watching this actually asks this question. Cmon Erik! There’s so much knowledge our generation needs for RE that maybe you could hit next. Love you bro!
For a vacation, I'd have to say NYC, however for a long-term investment, I think the house in Texas would be wiser not just because of what comes with the house but as Austin is becoming pretty prominent in the tech world.
Great video, I enjoyed the compare and contrast!
NYC has been a city since the 1620’s, way more history and international interest across all industries as opposed to just tech like Austin. Why would a single industry by itself make Austin better than the hundreds of years of industry that has been through NYC?
@terpinkov8770 Yes but with the Austin house you also get land which means that if many years from now the house hets demolished and they decide to built something else youd get a lot of money since land is becoming more and more expensive.
You say no land but you have central park below you. I live in a city centre apartment building in England that overlooks a (much smaller) park and I love the fact that I have green space and no gardening to do!
That is a very chill cat.
Personal preference is what I think it comes down to. I like being closer to the ground. The view in New york looks amazing but I love the backyard in texas.
To avoid headaches, i’d buy both
The Texas location is preferred simply because of the outdoor space With the design language of the new york condo. Texas home is a bit too minimalist for my taste. But those views would be hard to pass up on all the same.
I'm a retired Army paratrooper / Infantryman spent 20 years active service, both knees are shot had 5 bilateral knee replacement surgery, I would take the Texas house, the NYC penthouse, well I'm tired of jumping from airplanes.
Personally id enjoy owning more land like in the texas property, although the design isnt really for me either, id be able to do more with more space and expand but realistically id choose the NYC apartment as an investment because at the end of the buy these ultra expensive properties are used to store money, most owners dont even live in them for that reason, and a apartment is always going to be more secure than a open property as most of the time there is either 1 way in or out, which depending on what your work is, can really be a decision maker.
The biggest downside of the Texas property is that you're living in Austin.
😂 you have a point. But NYC doesn’t seem much better. 😂 been to Austin, not NYC but it just seems “too much” from what I see and hear from afar
True... But you are comparing it to NYC
@@Soljarag5 NYC is a great place to visit. I wouldn't want to live there. It's too hectic. Texas isn't too appealing either. I wouldn't be happy in either location. However, if you can afford a 50 million dollar home, it doesn't really matter what's going on around you.
That’s why so many people from New York are relocating to Texas…
They could of made the outside railing a little bit higher imo. Easily could fall off that
I'll take both, thank you. No need to decide.
I liked this comparison type video
New York is the better city, but Texas is way more affordable and has better all year round weather
Uh… have you stayed for the summers in Texas?
@@Joy-zh9fqI like heat. Also nyc has brutal summers too. 😅
Texas is a lot of things, but known for good weather is definitely not one of them lol
@@darkwoodmovies high humidity is good weather to me
@@darkwoodmovies I said it's better all year round weather compared to new york. I didn't compare it to Miami or Hawaii
The house in Texas looks really nice. Plus you get all that land. It all depends. If you want city life vs non city life.
Well to say Texas doesn’t have city life doesn’t make any sense.
Austin has amazing city life, especially at night
W camera man 💪🏽🔥🔥🔥
Someone dropped the ball on those kitchen outlets on 111 57th.
Awesome job Erik with the vlog.
I pick both .
I’m from Houston Texas and I will say that we do have a distance from restaurants, gyms, and clubs…however if you have the money you can always build it in your property! So I’d have to say Texas ❤
Im a plumber from Austin Texas, I've worked in all kinds of price range houses including celebrities. Right now a 3 bedroom 2 bathroom home can cost over 1m dollars. Its ridiculous.
The view of the penthouse is priceless, but my choice would be the Texas house. I like space and activities plus family can visit and we have enough space to enjoy.
Same
If I had to choose it would be New York. The whole city is your playground and it would be more fun to have family over for holidays and trips and have them meet in NYC. Plus if you are raking in billionaire money you could just have a small cabin on a lake in the US somewhere to cover the Texas house advantages.
the view from the nyc condo is enough for me
The Treehouse at the Texas home would be a sweet office
NYC makes more sense for a smaller family .. proud of you for bringing mental health care into the conversation 🎉. We need all the help we can get in this business!! 😂🔆😇💪
For a small family? Where are the kids playing at?
@@eklyptiksun not really playing just video games and/or watching TV basically
@@eklyptiksun lol ikr plus that high up apartment; Texas would make more sense playwise.
@@eklyptiksun in the house? in the public parks?
Texas is more family oriented. Hill country is beautiful and has so many great things for kids
Imagine saying yeah in NYC you don't have land, BUT YOU HAVE VIEWS, compared to having 5-6 acres of land. Dude LOOKING at land you can never own is not comparable to OWNING 6 football fields
Some people don’t care about owning a lot of land.
Exactly. I prefer the views I have of the woods behind my bouse. Who wants to stare at skyscrapers.
The home may not have a direct view, but Texas hill county is full of beautiful views. It's one of the most beautiful places I've ever been
Him standing on the balcony in the apartment makes my palm sweaty
The style and design of the condo is just better overall it’s stage very nice idk what I’ll choose though lol
It all comes down to your life, what you do for a living and your preferences.
Whit that kind of money I’d prefer to buy a couple of properties in southern Italy, one in Capri one in Sardinia (or Sicily), then again a property in the Basque region of Spain, a pied-à-terre in Manhattan; I’d invest the leftovers in the financial market and use the gains for maintenance.
My man!!!!! That is exactly what I think to myself all the time! Buy a nice penthouse in NYC and then a few other properties in European countries. Rent them out as vacation spots when I'm not there. Those things would pay for themselves!!!
Yes, absolutely!
@@khalidf1Non Europeans buying up properties and renting them out when they’re not around has caused widespread homelessness in Europe. American arrogance strikes again.
@@Th1sIsMyLegacy stfu I know Europeans who do the same in america stop hating and educate yourself
I am buying one in Sicily vineyard in the next 3 years after I complete college.
Texas all day, everyday , 3 times on Sunday. The space, the land are far more valuable. In Texas you are buying a mansion/compound. In NYC your buying a big apartment.
Texas you have easier accessibility of the home itself attractions, amenities ect. The cost of living is lower. Also with 6 acres of land you can upgrade and expand increaseing value.
This is my short answer lol. However if im spending that kind of money i want something more valuable that views of Central Park.
Top floor the view alone will leave you breathless
you're talking about what $50mill buys you. but what about the upkeep for both places? isn't the monthly fees for the new york place in the 5 digits PER MONTH!?
Not to mention some of the highest taxes in the country.
I'd prefer TX, I love the spaces you get
I'd rather live in a million dollar house and have $49 million in my bank account.
That’s the same idea of the people who buy houses like these. They buy a 50 mil house and have 5 billion in the bank.
I viewed a 40 story condo for rent overlooking the Boston harbor, I felt very cut off from the rest of the world even for 15 minutes while up there, and studies show anyone above the 20th floor probably won't survive a heart attack, and 3 floors and below keeps people connected to their hood and people. I can't live in a tower but it is interesting to watch and look at.
The Texas house is so nice !!! Texas all day !!!
Out of the two, Texas wins it for me, only because I suffer from vertigo!
An apartment with a view or a compound with your own land and a lake. Not a tough choice
My christmas tree would not fit in well anywhere... What a shame!
Also we stayed in the Russel house in Massillon Ohio and the way the house flowed outmatched either of these mega homes. The dining room had swiveling doors on either side of the butlers pantry leading into the kitchen. The library had just a cozy feeling. The entryway had a sense of grandeur that is incredible. Amount of natural light was blinding, in a good way. The way the stained glass in the dining room just glowed when the sun was shining on it was breathtaking. Floating staircase is impressive considering the house is a century old. The tubs are big enough for you to sleep in. You can run around the house for hours exploring!
Texas house seems like it would get way too hot at 3:00 ish. I love the dining room of the house though! The New York house would have to be more cozy.
Also don't be sponsored by better help anymore, they steal data.
0:00 wow nice shot
A smaller home is ideal for growing a healthy happy family. They will have stronger bond and connection because they see each other a lot everyday.
Just being with nature alone...is worth more than a luxury suite in NYC. 💯
NYC, its closer to stuff and I like the NYC skyline
NYC all day baby!!!!
I wouldn’t spend that type of money on a house even if I had it. I’ve seen nice 5 million dollar homes that I would completely feel comfortable in.
I'm from New York. Even though I do like the house in Texas I have respect for the house. But I'm not going against my home town. Like he said, "The View". That alone is inspiring. I like the idea of living on top of the world, literally.
New York.
You can't beat those views!
New York for fall, Christmas and spring, Texas during the summer and post holidays winter.
Could you review a mobile home in a trailer park?
I'm not that impressed by the Texan compound tbh. It looks like the average Nordic house expo building that costs 3 million € at most, aside from the surface material choices. The people living in the house somehow gave a nice impression through the personal stuff they had left visible around the place. I really liked the Texas place, it gives off a thoroughly Nordic vibe, but I don't think it's actually worth $50m, just by the looks. I could totally imagine living there tho.
The NYC one still manages to impress. There, I couldn't really ever live, those windows give me a huge acrophobic panic even if the view is gorgeous. Overall, the image still is far more luxurious and I really like those guest rooms.
i had a heart attack when he sticked out the camera off the balcony
NYC for sure
Texas all the way from me. I love my privacy and space.
I just want to say that I’ve been following you since you went on that trip with Jon and Janni and you’ve come so far! So happy for you!
Apart from the views, there's NOTHING that the New York apartment has over the Austin Mansion cz soon you'll get used to the views.
Plus, you never know who is coming to visit you; maybe they are afraid of heights so the experience will be pointless.
I'll go Texas all day.
I wish i wasnt so afraid of heights i would be so nervous just getting near the windows 😅
Just buy both!