The "Raiford’s premium"

I was just flipping through the real estate ads in the back of the Memphis Flyer, and I found an ad for a condo at 310 S. Main that’s being rented back out at $1500 a month. That condo would be about a half block walk to the front door of Raiford’s. To borrow a phrase from my favorite blogger/MILF, how much ass would that kick.

I wonder if property values in that immediate vicinity command a “Raiford’s premium,” a little bit extra for the convenience of having a short stumble home from Raiford’s on the weekends. And being able to offer your friends a place to crash so they don’t have to drive home from Raiford’s. And being able to offer drunk, hot females who you just met 45 minutes ago at Raiford’s a place to crash.

Whaddaya suppose they’d be asking for monthly rent for that unit if Raiford’s weren’t around the corner? I’d go $1375 tops.

For the second time in a week, here’s a place I’d be seriously interested in, were I not locked into a lease at Number 10 for the next 11 months. I mean, it would still be about equal distance to the Saucer, so I wouldn’t lose the ability to walk to my favorite weekday bar… only difference is, I’d be getting drunk Green Beetle to-go food on the way home instead of drunk Big Foot/Huey’s food.