We had anticipated at least gradual annualized appreciation but bought in what became the fastest growing zip code in America with nearby areas getting absolutely flooded with new home supply.

The reasons are structural:Retiring electricians outpace new entrantsEV chargers and batteries require specialized trainingElectrical codes evolve faster than trade educationDIY solutions are unsafe for high-load systemsAt the same time, demand is exploding.

I haven’t filed the ADU permit yet as the code office said once it’s filed it’s permanent and can’t be changed to multi family.

Whenever someone uses their code, you get a notification on the app. 

New construction is expensive, particularly small multifamily projects that trigger commercial building code requirements, which is often the case with four-unit buildings.

You could focus on certain ZIP codes.

This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs.

The root cause of the issue seems to be that there is nothing in county or municipal code regarding STRs. 

With markets feeling more segmented lately, I’ve been rethinking how I anchor ARV during early deal analysis.Instead of relying on a single comp or peak-sale comparison, I’ve been leaning toward:• ARV ranges (low / mid / high) rather than one number• Heavier weighting on the most recent 60–90 day sales• Noting spread between list vs. sold prices in the same pocket• Treating appreciation as a bonus, not a givenI’m finding that even within the same zip code, buyer demand and pricing tolerance can shift block by block depending on condition, financing availability, and buyer profile.Curious how others are handling market data right now:Are you tightening ARV assumptions, using wider ranges, or changing how you comp altogether?

They have more crime as well.It's not a zip code buy.