Tuesday, March 01, 2005
Damn!
The house immediately, directly across the street from us went on the market yesterday.
For $450,000.
*sputter* *cough* *gag*
It has improvements and an addition, but not of particularly good quality. Someone bought it about six months ago to clean it up and flip it, and he did a nice job. But $450,000?! Almost half a mil? Holy crap!
I am SO glad we bought our house when we did. We made a very, very lucky purchase decision. We paid $135,000. Heh.
For $450,000.
*sputter* *cough* *gag*
It has improvements and an addition, but not of particularly good quality. Someone bought it about six months ago to clean it up and flip it, and he did a nice job. But $450,000?! Almost half a mil? Holy crap!
I am SO glad we bought our house when we did. We made a very, very lucky purchase decision. We paid $135,000. Heh.
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Gasp. I'm not sure they'll get it, unless they've, like, installed imported Italian Marble, gold plumbing fixtures and a solid-titanium bidet or something. But you never know.
I'm kind of of the school that if our house ever assesses over about $275K, we should think about selling. But I have a feeling the bubble will burst before that happens and I, frankly, don't want to move anytime within about the next 3-5 years.
I'm kind of of the school that if our house ever assesses over about $275K, we should think about selling. But I have a feeling the bubble will burst before that happens and I, frankly, don't want to move anytime within about the next 3-5 years.
Yeah, I doubt they'll get it and we're not in any hurry to move.
But I will tell you that once it sells (for whatever it sells for, really), we'll be finishing the pergo and getting our house appraised. If we can appraise it above $155K I think, we can lose our PMI! That will save us over $80/month.
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But I will tell you that once it sells (for whatever it sells for, really), we'll be finishing the pergo and getting our house appraised. If we can appraise it above $155K I think, we can lose our PMI! That will save us over $80/month.
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