My first house in 1999 was an older 4 bdrm on 14 acres of land for $50 grand. There were a lot of homes in the 30-40 grand range but lesser yards.
Now those same houses when they go up for sale are selling for 200-250k easily. (My place would be worth more than that… “hobby farms” like what I are selling for even 300-500k here now.)
I wish I still had it, but a divorce about 15-20 yrs ago took care of that. I loved it, 1950’s bungalow style house, 2 car garage, small(30ft) barn and a bunch of sheds, nicely treed in.
looking through realtors right now, and spec wise the cheapest thing I can find around here similar to it is up for $389,000 but only has 10 acres.
Prices are/were cheap here because I’m like an hour and a half away from the city.
My 1980s era construction is valued at over 400k. Neighbors been selling recently for 450k-480k. It’s wild that they’ve doubled in cost since covid, after doubling in cost after the bank failures before them.
My first house in 1999 was an older 4 bdrm on 14 acres of land for $50 grand. There were a lot of homes in the 30-40 grand range but lesser yards.
Now those same houses when they go up for sale are selling for 200-250k easily. (My place would be worth more than that… “hobby farms” like what I are selling for even 300-500k here now.)
For note: 50k from 1999 is worth 96k today
Also worth noting: in most areas, that price is exceptionally cheap for what he got, even for the time.
I wish I still had it, but a divorce about 15-20 yrs ago took care of that. I loved it, 1950’s bungalow style house, 2 car garage, small(30ft) barn and a bunch of sheds, nicely treed in.
looking through realtors right now, and spec wise the cheapest thing I can find around here similar to it is up for $389,000 but only has 10 acres.
Prices are/were cheap here because I’m like an hour and a half away from the city.
My 1980s era construction is valued at over 400k. Neighbors been selling recently for 450k-480k. It’s wild that they’ve doubled in cost since covid, after doubling in cost after the bank failures before them.