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If you've bought a home in the past 30 years, what did you pay for it?

 
here&back

User ID: 38487486
United States
05/17/2022 04:38 PM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
95’ paid 45k for a 900 sf home OKC.
99’ sold for 54k. ( worth 145k now )
99’ paid 174k for a 2700 sf home Okc.
03’ sold for 194k. ( worth 315k now )
03’ paid 427k for a 2700 sf home Seattle.
11’ sold for 600k. ( worth 2.5 million now )
11’ paid 725k for a 5700 sf Dallas.
22’ sold 1.3 million.
All I did was learn everything about home inspections and mortgages. The rest took care of itself. Never used any of my own money just in case I needed to walk away. Yes. There’s ways of using 100% someone else’s money. And you should. Use yours as investment vehicle.

Because of the equity and I’m completely cashed out, I walked away with over 800k of someone else’s money. Spent it all to build my dream property. Should’ve kept t Seattle home.
 Quoting: Anonymous Coward 83184321


This guy is exactly right - you don't have to use your own money if you follow the plan.
Your returns should pay off your debt in the amount of time you can turn the profit - ideally within 5 years.
Mortgage paid off and profit only.
Anonymous Coward
User ID: 83286784
United States
05/17/2022 04:48 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Ocean front home 37 years ago in Southern California for 79k now worth over 6mil prop taxes about what they were when we bought it due to prop 13. Love the ocean view. We bought our Palm Springs view home in 1980 for 56k now worth 3.2mil. Sold the huge bay area family home last year for 12mil. Parents paid 35k for it in the 40s. Life is a mint julep.
El Rastreador

User ID: 1712471
United States
05/17/2022 04:49 PM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
I sold my house in Hollywood CA, which I purchased for $182k back in 1986, it was a 1918 Dutch Colonial(that I and my cousin fully restored). Did a 1031 exchange and bought a small 2bdrm house on a quarter acre in a SoCal canyon, and bought a second larger house with 20 acres on a hilltop overlooking the western Mojave Desert. The first was $250k and the second $125k. I could probably get over a million combined if I sold them both right now. And neither one is anywhere near at beautiful as the Hollywood house is.
Anonymous Coward
User ID: 80444227
United States
05/17/2022 04:52 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
84 paid $67k for 1800 sq. feet, 2 acres
92 sold for $312k - did several improvements $100k'ish
92 paid $515k 4200 sq. feet, 5 acres
00 sold for $1.2M - again about $100k spent on improvements
00 paid $900k for 4500 sq feet, 15 acres
11 sold for $2.2M - spent about $400k on improvements
11 paid 1.45M 11000 sq feet, 15 acres, new house

I'm about to sell, just got an appraisal 2 months ago for $4.5M, but in all honesty this property should be worth less than a million but due to being in a seller's market things are nuts..
Yo Adrian

User ID: 81142743
United States
05/17/2022 04:59 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
About three fifty.
(Pulls off mask)"And we would have gotten away with it, if it wasn't for those meddling Qtards" Klaus S.
Marvelous Man

User ID: 58686169
United States
05/17/2022 05:00 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD




1994 I paid $53,000
Now it's worth $422,000

Austin Texas



battleflag
 Quoting: Anonymous Coward 49598504


In 2012, bought the house for 267K in Spicewood. Now it's worth 715K.
There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.
Anonymous Coward
User ID: 80917810
05/17/2022 05:01 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
11 miles from Laguna Beach fixer upper 38.000
Anonymous Coward
User ID: 83287048
05/17/2022 05:19 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD


You’re one of my favorite posters here, hands down. Regardless of what your circumstances are, you always tell it like it is. hf

Way more expensive with a worse quality of life is exactly how I would put it where I am too.

I guess the Brazilian lifestyle is next.
Anonymous Coward
User ID: 82718493
United Kingdom
05/17/2022 05:22 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
UK

Bought for 185k 10 years ago
Sold for 335k 5 years ago
Bought for 330k 5 years ago
Currently worth approx. 400k if listed today

Probably walk away with 250k equity.

I'm 35.
Anonymous Coward
User ID: 74176937
United States
05/17/2022 05:24 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
I bought a house 2 months ago.

I paid 65,000 for it.
Anonymous Coward
User ID: 80946498
United States
05/17/2022 05:28 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
The house i live in was purchased by my father almost 40 years ago. Paid less than 10k, 2 story 4 bedroom 2 bath 2500 sq ft home built in early 1900s. It needed to be totally renovated when he bought it. I moved in 5 years ago. I did some minor updates on a few things but not much. Thought about selling about a year ago when housing started to get crazy. House appraised for 675k. When I moved in 5 years ago it appraised for just shy of 400k. Absolutely ridiculous what housing prices have done. Feel sorry for future generations and those just now getting started with families.
Anonymous Coward
User ID: 83229158
United States
05/17/2022 05:37 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
53k - 2001
200k - 2013
100k - 2015
13k - 2020
73k - 2022

I still own three of them. The one for 100k is in Illinois and the crime spun out of control. I tried to sell for 40k at a loss and didn't sell. I'm actually afraid to even go back there.
javierruizleon

User ID: 80231305
United States
05/17/2022 05:37 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Sold 2020
$680K

Bought 2020
$408K
Genesis-Acts,Hebrews-Revelation to, you know who
Romans-Philemon to the Church
Mid-Acts Pauline Dispensational Right Division
Anonymous Coward
User ID: 83037883
United States
05/17/2022 05:39 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
$175k with a pool
Anonymous Coward
User ID: 78071598
United States
05/17/2022 05:42 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Birthrates are down because people don't have homes.

Apathy is at epidemic levels because of lack of upward upward mobility.
 Quoting: BFD



No one wants to hump when their broke


bananasex
 Quoting: Anonymous Coward 83285511


The hoodrats would beg to differ
Anonymous Coward
User ID: 80850486
United States
05/17/2022 05:52 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Bought my house in 2019 for 125K and plan to live there the rest of my life, Good Lord willing. It’s an older home but the neighborhood is still good and my yard isn’t to much to maintain.
Aborted Soul

User ID: 9434865
United States
05/17/2022 05:55 PM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
45k 35 years ago...
valued at 165k now...
Abandon all hope ye who enter here
Butch DeFeo

User ID: 83141632
United States
05/17/2022 05:59 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
About 20 days ago I bought a house in South Dakota for $125K, cash.

:AAAWINNINGDONJR2:
:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Nucks

User ID: 82771995
Canada
05/17/2022 06:00 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
2012 paid $167,000
2018 (worth $310,000- invested $200,000 in major reno (added a second story and gutted everything else-all new)
2022 Now worth approximately $800,000 (as per the stupid market)

Sad part is I can't even take advantage because I would be buying in the same stupid market. I f I moved elsewhere maybe but everything is here family ,work, kids etc...booooo, lol
Religion has no place in golf...
Anonymous Coward
User ID: 81062799
United States
05/17/2022 06:00 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
35 years old

Bought first house when I was 24 in 2012 for $222,000 was a raised ranch on a pond, thought it was going to be my forever house put a lot of work into it. Ended up selling after a long term relationship ended

Bought second house in in a beach neighborhood about a mile from the ocean $400,000 a nice colonial all updated bike riding distance to the beaches. Ended up selling when we had our first kid and because I really wanted more land/privacy

Bought third house 11 acres along the salt ponds/ocean for $980,000 and have spent countless hours working on the land and home building a farm.

Don’t think I’ll ever move from here but I’ve said that before
Aborted Soul

User ID: 9434865
United States
05/17/2022 06:03 PM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
45k 35 years ago...
valued at 165k now...
 Quoting: Aborted Soul


where the hell are you people buying these bargain homes??

my pond cost $40k....I couldn't get bathroom plumbing for that much...
 Quoting: pud2.0



you have to live in the ass crack of southeast texas...
aint pretty but its the sportsmans paradise of the world...s
Abandon all hope ye who enter here
Anonymous Coward
User ID: 80746533
Austria
05/17/2022 06:07 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
126K
515K
945K
435K
310K
245K
Icguy42

User ID: 76412952
United States
05/17/2022 06:09 PM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD


Cash actually lol
Marvelous Man

User ID: 58686169
United States
05/17/2022 06:11 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
45k 35 years ago...
valued at 165k now...
 Quoting: Aborted Soul


where the hell are you people buying these bargain homes??

my pond cost $40k....I couldn't get bathroom plumbing for that much...
 Quoting: pud2.0



you have to live in the ass crack of southeast texas...
aint pretty but its the sportsmans paradise of the world...s
 Quoting: Aborted Soul


Orange?
There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.
Anonymous Coward
User ID: 80817131
United States
05/17/2022 06:29 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD


$25k CASH / Rural Flyover Country / 2016 before the election.
Zillow value now $218k
Idaho Potato

User ID: 83154558
United States
05/17/2022 06:29 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
2001 paid 325K, on Zillow now for 1.3mil, insane.
Idaho Potato, it's what's for dinner
Butch DeFeo

User ID: 83141632
United States
05/17/2022 06:30 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
About 20 days ago I bought a house in South Dakota for $125K, cash.

:AAAWINNINGDONJR2:
 Quoting: Butch DeFeo


I dig your governor Noam....she's hot.
 Quoting: pud2.0


Yeah she is! And does not force the citizens of her state to wear masks or take deadly covid shots.
:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
User ID: 83197112
United States
05/17/2022 06:33 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Birthrates are down because people don't have homes.

Apathy is at epidemic levels because of lack of upward upward mobility.
 Quoting: BFD


You are so wrong, it has always been the poor having high birth rates. Low birth rates help upward mobility.
RMD

User ID: 78757777
United States
05/17/2022 06:33 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
$139,000 7 years ago. Worth $270,000 now. Indiana.
Anonymous Coward
User ID: 81044843
United States
05/17/2022 06:35 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
29k, sold it for 188k
Neighborhood smells like meth stew cooking now.
Was glad to leave…
Guy across the street turned his car lights on, and cut grass at 2AM in the morning… Tweaker City





GLP