How are new house values affected in an already established old neighborhoodI'm interested in a new construction price at $410k. The project has about 3 other new houses for sale, all priced above $350k. This project is in the middle of an established neighborhood with houses built in the 80s and 90s with prices in the mid $200s. My concern is that these 4 houses are the only houses priced above $350k and are new while the others are in mid $200k. Does this affect the growth of property values of the house I'm interested in?Here is the zillow map view with prices of the neighborhood I'm talking about (Only one new house is recorded yet. It's the one that's priced at 365k. As you can see, all the remaining old neighborhood houses are in mid $200k)http://www.zillow.com/homes/for_sale/Sandy-UT/6932_rid/40.603277,-111.870176,40.602404,-111.871943_rect/18_zm/1_fr/May 02 2014 - Sandy00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.