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-   -   How much did your house cost? (http://cellar.org/showthread.php?t=16471)

Clodfobble 01-25-2008 11:12 AM

How much did your house cost?
 
This has been nagging at me for awhile now, but I haven't posted anything because I couldn't figure out how to describe it politely. But I'm feeling antsy this morning, so screw it.

After seeing photos and watching the various Dwellar Dwellings videos, I have been rather surprised to see how much bigger our house seems to be, because I know that we are not by any means rich, and most of the dwellars are older and more established in their careers than we are, to boot. I am convinced this is because of the local housing markets, and that houses in our little out-in-the-boonies suburb are just dirt cheap compared to everywhere else. So I just thought I'd disregard all social graces and find out for sure.

lumberjim 01-25-2008 11:13 AM

I think ours was 259K

Clodfobble 01-25-2008 11:14 AM

I was nice enough to put up an anonymous poll for ya, speedy. :)

xoxoxoBruce 01-25-2008 11:18 AM

$69,500. Of course that was 1978 and everything around me is selling for $500k and up.

barefoot serpent 01-25-2008 11:22 AM

~124K, 1995 Lawrence, KS (a 'college' town so kinda high for the region -- median price is ~235K now)

glatt 01-25-2008 11:34 AM

Ours was $194,000 back in 1997.

It's assessed at $588,600 for 2008. It is much cheaper than most other houses in the neighborhood. A bit smaller too. Built in 1945.

lumberjim 01-25-2008 11:37 AM

Quote:

Originally Posted by Clodfobble (Post 427212)
I was nice enough to put up an anonymous poll for ya, speedy. :)

meh...i was wrong anyway. jinx has chastised me soundly.

kerosene 01-25-2008 12:13 PM

We can't afford to buy a house where we live. I put 300-350k, though, because that is what our rented house would cost if we bought it.

Aliantha 01-25-2008 12:47 PM

We paid 340k for our place about 18months ago. It's now valued at over 500k. I checked the 300-350 box though for the purposes of this poll.

zippyt 01-25-2008 01:02 PM

we paid about 79K for 1700 square feet and about 3 ac of land

glatt 01-25-2008 01:03 PM

Quote:

Originally Posted by case (Post 427224)
We can't afford to buy a house where we live.

We wouldn't be able to buy a house where we live either if we had to start over from scratch. It was all just dumb luck with the timing. We bought before the bubble, back when a house was expensive, but at least possible.

To put it in perspective, our house is now worth more than 3X the price we paid in 1997, but my salary is not even 2X what my salary was back then. My wife stays at home with the kids now too, so there would be no way we could swing buying a house here on just one measly salary.

I'm real glad we bought when we did. Dumb luck.

Clodfobble 01-25-2008 01:31 PM

With the way things are going right now, I bet it will be back to a more realistic price in another year or two.

shina 01-25-2008 01:47 PM

Who can afford a house? If things continue the way they say they will.....maybe.

monster 01-25-2008 08:13 PM

Our is very cheap for the area because it's a newer crappy cookie cutter job. It was 205 in 2001, revalued at 219 in 2002. Older, smaller houses in the old part of town sell for 2-3 times that amount. It's about 1800sf colonnial, no land. Probably is still about 219. Michigan is fucked at the moment, and houses in AA have plummeted because Pfizer left and paid for their employees to take up to a $100K loss when selling their houses.

Not that I'm pissed off about it or anything.....

binky 01-25-2008 08:27 PM

150K in the desert boonies, paid cash so I don't care about the housing bubble, since we'll be here at least until retirement (15-20 years)

Griff 01-25-2008 08:54 PM

A rough guess would be $60K of actual spending but that's without pricing my time. Pete promises video tomorrow.

smoothmoniker 01-25-2008 08:59 PM

My wife and I are in the process of buying right now. It's looking like it'll be in the $700-800k range. And that, my friends, is what a 3 bedroom, 1500 square foot starter home on a 1/10th of an acre costs here in LA.

monster 01-25-2008 09:03 PM

Quote:

Originally Posted by Griff (Post 427334)
A rough guess would be $60K of actual spending but that's without pricing my time. Pete promises video tomorrow.

Does that include the land purchase?

Griff 01-25-2008 09:06 PM

I spent one dollar for the land. Thanks Dad!

classicman 01-25-2008 09:29 PM

Under 150, but its worth three times that now and l dealt directly with the owner when I bought it so no realtors were involved and I made out there too.

Elspode 01-25-2008 10:54 PM

$165k 18 months ago. Signed the papers five minutes before the housing market crashed. Typical Chambers luck. This place might bring $150 now that the hyperinflated prices have begun to spiral in.

TheMercenary 01-26-2008 06:59 AM

We paid 215K in 1998 for 2800 sq ft on a 1/2 acre lot in a neighborhood with a pool, tennis courts, and a horses stable training area. The houses in our neighborhood now sell for 325k of similar size and squarefoot.

Undertoad 01-26-2008 07:56 AM

$175K 1993 remortaged subprime at $240K 2005 now worth $324K according to Zazzle. They put in new sewer and now the new houses being built around me are $900K. I chose wisely.

monster 01-26-2008 11:04 AM

Zazzle? Isn't that the t-shirt site? My friends and I looked at one of those on line market price sites when a couple of them had houses for sale, but I can't remember the name. It was a pile of shit. Not one price was even in the ball park.

xoxoxoBruce 01-26-2008 11:34 AM

I think he means, zillow.com.

Undertoad 01-26-2008 12:51 PM

Zillow. I get those confused. That's why I've sold 34 identical copies of my house for $19.99.

lookout123 01-26-2008 01:58 PM

:rotflol: :rotflol: :rotflol: :rotflol:

Stormieweather 01-26-2008 02:52 PM

Renting right now, so will go with the house I previously owned, just down the street.

1925 Colonial, 3 bedroom, 2 bath, detached garage on decent sized lot - 1700 sf.

Bought it for $88k (two days from foreclosure) in 1996. Sold it in 2000 for $129K to a friend who remodeled it and re-sold it. It sold again 2 years ago for $340k.

Hoping to buy another house in this neighborhood, although we may be priced out of the market. It's an old, very small area near downtown that began to become popular (at about the time we bought here in '96) with the younger families.


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