My name is Wesley I am a local real estate home buyer and I am familiar with that area. Some partners of mine have sold many homes in that area and none of those properties were higher than 220K so unless the house you are looking at is abnormally bigger than every other home in the area...I think your friends might be right. What specifically are you looking for? I might be able to help.
Give me a call 773.956.9889
IF YOU ARE ALREADY WORKING WITH A REALTOR, I WOULD ADVISE YOU TO ASK YOUR AGENT TO DO A FULL COMPARISON MARKET ANALYSIS ON THE PROPERTY TO GIVE YOU A PRICE OF WHAT THE PROPERTY IS WORTH.
MCCOLLY REAL ESTATE