House shopping

Hawkeye
Hawkeye Posts: 1,313
edited July 2010 in The Clubhouse
So the wife decided she'd like to go house shopping this morning:eek: Looked around the local area and a development near (Gary) TNRabbit in Lusby, MD. I actually got shocked at some of the prices homes are going for. $350-400K is not my idea of affordable housing! A house note that large would cause me to lose sleep at night. This was for a house with 1925 sf with a basement and "almost" a half acre of land.

So what is considered affordable where you live? I may be interested!!

Gordon
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Comments

  • opus
    opus Posts: 1,252
    edited July 2010
    That price around here will get you 3000 sf, 25-30 acres and a couple of barns. Probably even get a tractor or two thrown in:)




    and maybe a cow;)
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  • Pycroft
    Pycroft Posts: 1,960
    edited July 2010
    My home for sale:

    http://eliterealtors.7020903.119032.idx.coldwellbanker.com/propertysearch/propertydetail.aspx?LID=26049627&rad=0#aTop

    PM me for special polkie price ;)

    James
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  • xj4094dg
    xj4094dg Posts: 1,158
    edited July 2010
    Affordable in 90240 zip in Downey, CA - 550k for 1500 sf, 3 beds

    Avg. 950k on my street, 4000 sf, 4 beds avg.

    Move on over, California needs your money!;)
    "The good thing about science is that it's true whether or not you believe in it." Neil deGrasse Tyson.
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  • Polkersince85
    Polkersince85 Posts: 2,883
    edited July 2010
    I wouldn't post my street address on the forum, just sayin.
    >
    >
    >This message has been scanned by the NSA and found to be free of harmful intent.<
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  • opus
    opus Posts: 1,252
    edited July 2010
    Polkersince85 wrote: »
    I wouldn't post my street address on the forum, just sayin.

    Nice of him to post an equipment list also:eek:
    The Flea rig
    Hitachi 50VG825 LCD
    Rotel RSP 1066 (pre) :)-flea market
    B&K St-202 (mains)-flea market
    Carver M 200t (x2) (center and surrounds)-flea market
    Blu-Ray..PS3 (dvd player)
    Polk RTA-11t-flea market
    LsiC, Fxi30's
    Dual SVS PC-Utra's (1 port blocked) thanks MikeC78
    Behringer Feedback Destroyer    -flea market
    AudioAlchemy DDE v1.0 DAC-flea market
    Cambridge Audio Azur 640 CDP-flea market
    Signal Cable and Kimber Kable
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  • cstmar01
    cstmar01 Posts: 4,424
    edited July 2010
    300-400K around here....

    your going to get a nice house.

    http://www.coldwellbankersiewert.com/Nav.aspx/Page=http%3a%2f%2fwww.cwbr.org%2flistings%2fres_search.php%3femail%3d144007.lead.at.cendant.leadrouter.com

    http://www.coldwellbankersiewert.com/Nav.aspx/Page=http%3a%2f%2fwww.cwbr.org%2flistings%2fres_search.php%3femail%3d144007.lead.at.cendant.leadrouter.com

    http://www.coldwellbankersiewert.com/Nav.aspx/Page=http%3a%2f%2fwww.cwbr.org%2flistings%2fres_search.php%3femail%3d144007.lead.at.cendant.leadrouter.com

    http://www.coldwellbankersiewert.com/Nav.aspx/Page=http%3a%2f%2fwww.cwbr.org%2flistings%2fres_search.php%3femail%3d144007.lead.at.cendant.leadrouter.com

    There are so many more around here.

    Normally around here houses would go for 150-250K and that's more in subdivisions and they are fairly nice. In our "city" they are less, smaller older homes and would run around 100-200K max unless you get a place closer to our university then they will be more.

    Average income for our county is 65K per year. SO gives you an idea of the make up of the area.
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  • Pycroft
    Pycroft Posts: 1,960
    edited July 2010
    Also, I'm not sure if it's like this everywhere, but it seems worse now for buying and selling homes than in the last 2 years. Of course, as soon as the economy entered depression it was awful, but there seemed to be a rebound, but it seems bad again - at least in my area of the country.
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  • xj4094dg
    xj4094dg Posts: 1,158
    edited July 2010
    Polkersince85 wrote: »
    I wouldn't post my street address on the forum, just sayin.

    I didn't post my street address, but thanks for your concern.:)
    "The good thing about science is that it's true whether or not you believe in it." Neil deGrasse Tyson.
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  • Hawkeye
    Hawkeye Posts: 1,313
    edited July 2010
    Pycroft wrote: »
    My home for sale:

    http://eliterealtors.7020903.119032.idx.coldwellbanker.com/propertysearch/propertydetail.aspx?LID=26049627&rad=0#aTop

    PM me for special polkie price ;)

    James

    Anywhere close to NAS Lakehurst or Toms River?

    Have to thinks jobs also;)

    Gordon
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  • Gadabout
    Gadabout Posts: 1,072
    edited July 2010
    Housing is pretty cheap in Texas.

    Here's the link to the folks that built my house 2 years ago ....

    Cheldan Homes, I think they are still building Energy Star Certified Houses.

    The down side is we don't do basements here in Texas. (Well, you can but it takes special Engineering and is really expensive).

    The upside is if your looking for acreage, that's available too. Plus we don't have a state income tax.

    NAS JRB is local to Fort Worth.

    (of course, that isn't really local to Md. but it is pretty cheap to live here)

    Scott
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  • obieone
    obieone Posts: 5,077
    edited July 2010
    Well, USA Jobs always has jobs listed at Shaw AFB, in Sumter, SC and Charleston, AFB., Theres also Fort Jackson in Columbia, SC

    I paid $109k 5 years ago for 1200 sf, 3.5 acres, 30 min. outside Columbia.
    BUT, the property values have gone up since the crash. Probably one of the few places in the country that have?
    I refuse to argue with idiots, because people can't tell the DIFFERENCE!
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  • frodaddy
    frodaddy Posts: 124
    edited July 2010
    Probably a 2500sq ft home with about 5-7 acres around here.

    Don't be fooled by a "short sale" because nearly every house is one since the mortgage crisis
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  • TouchOfEvil
    TouchOfEvil Posts: 967
    edited July 2010
    That kind of money would buy one sweet large home here. What you listed would cost about 150-200k here.
    Well correction...we don't have basements so i guess it's not a real comparison.
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  • markmarc
    markmarc Posts: 2,309
    edited July 2010
    In the greater Portland OR, area that will get you with new construction: 2500 sq feet, no basement (water table too high) 7500 sq foot lot, if lucky(anti-sprawl growth control), maybe 3 car garage. That's it.
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  • squeeb
    squeeb Posts: 426
    edited July 2010
    Zillow is your friend, my friend. www.zillow.com

    It will give you an approximate value of your home (or anyone else's) anywhere in the country. Just had an appraisal for a refi and got the appraiser to raise his value almost $20,000 because of information I found on zillow. Gets me a lower rate and eliminates PMI. :D
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  • Willow
    Willow Posts: 10,999
    edited July 2010
    I know I'm in Canada, but here, in my area of Ottawa, 220K gets you a garden home of about 1300 sq ft. 310K gets you a 2100 sq ft 4 bed townhouse. 375$ 4 bed 1900 sq ft single 450K gets you a 2500sqft 4 bed house. (give or take sq ft and $$$)
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  • concealer404
    concealer404 Posts: 7,440
    edited July 2010
    Equivalent house to OP around here would struggle to fetch $125k.
    I don't read the newsssspaperssss because dey aaaallllllllll...... have ugly print.

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  • JimKellyfan
    JimKellyfan Posts: 696
    edited July 2010
    In Charlotte, NC is a bit higher, as we looked there, and for that price ( price we had in mind was 175 max ), ( average in this area 125 - 225 ) ( Charlotte add 60K ) we came down to Rock Hill, SC and homes range from the real cheapies, on up to lake-front homes, on to other good communities such as our cul de sac.

    I'll sell you my single level brick ranch for the 184K it appraised at.
    I'll cover closing costs.
    Built in 1976.
    Many new amenities, including new central air/heating unit.
    It is 2200 square foot.
    Also has a one and a half detached garage ( of course not included in footage ).

    We also have property down near Charleston, SC we were going to retire at, once we built there.

    I was either going to rent the primary house out, or sell it.
    Real time frame for rental is by 2017.
    If I were to sell, well, we could do that anytime.

    While my house is not on the market officially, it could be for sale, and I have a gazillion photos that I can provide.

    Our home is almost in the woods like, yet in the city of Rock Hill.
    There is a 5 acre pond out back, and the back yard is fenced.
    Dog kennel area behind and beside garage, with cover and electricity.
    The lot is merely .687, but all visitors think quite a bit more, as there is woods abutting that 5 acre pond, and the woods are directly in back.
    I have planted more than 3100 plants, trees and shrubs/flowers since we took over this already wooded lot/home.

    If seriously interested, PM me.
    If not, I will enjoy my property for now.
    :cool:
    Onkyo TX-NR636
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  • Ricardo
    Ricardo Posts: 10,636
    edited July 2010
    Here in the greater Cincinnati area 350-400K will get you over 3500 sqf of new constuction, in an excellent school district with very low crime.
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  • ViperZ
    ViperZ Posts: 2,046
    edited July 2010
    $350K in my area of Toronto (Etobicoke) will not get you a house at all. You can get a 2-bedroom condo (~1200 sq ft) though. :o Half-decent house in our area is around $600K. $500K will get you a 50-year-old house, which needs renovations. This sux.
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  • Willow
    Willow Posts: 10,999
    edited July 2010
    ViperZ wrote: »
    $350K in my area of Toronto (Etobicoke) will not get you a house at all. You can get a 2-bedroom condo (~1200 sq ft) though. :o Half-decent house in our area is around $600K. $500K will get you a 50-year-old house, which needs renovations. This sux.

    Where in Etobicoke do you live? I lived on 4th St of Lakeshore blvd. That area is hot, my parents bought for 74K 6 yrs later sold for 350K. we were 1 block away from the lake.
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  • Hawkeye
    Hawkeye Posts: 1,313
    edited July 2010
    Home prices are all over the map! pun intended:D

    We're not sure we're in the market or not. After looking and comparing several homes in this area, probably won't buy here. We're going to retire in about eight years and may buy property down in the Carolinas to build on then like JKF above.

    Thanks for all the comments. It makes it real when people answer instead of an internet database.

    Gordon
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  • JimKellyfan
    JimKellyfan Posts: 696
    edited July 2010
    Go to South Carolina, especially within an hour of the coast.
    Preferably near Charleston.
    We have our second property near Edisto Beach, quiet, yet close to many beaches.
    And gotta love those gun laws here.
    Taxes are cheap too.
    Have the money ?
    Deep water or lake front / mosquito front.
    Onkyo TX-NR636
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  • Hawkeye
    Hawkeye Posts: 1,313
    edited July 2010
    Mike, I'd love to go the islands when I retire! Except the better half wants to be around the kids which are all in southern VA and NC. Darn grandkids! Honestly, I love to give up the long pants and wear shorts year long.

    Gordon
    2 Channel -
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    McIntosh C1000 Controller with Tube pre amp, 2 MC501 amplifiers, MD1K Transport & DAC, MR-88 Tuner
    WireWorld Eclipse 6.0 speaker wire and jumpers, Eclipse 5^2 Squared Balanced IC's. Silver Eclipse PCs (5)
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  • ViperZ
    ViperZ Posts: 2,046
    edited July 2010
    Willow wrote: »
    Where in Etobicoke do you live? I lived on 4th St of Lakeshore blvd. That area is hot, my parents bought for 74K 6 yrs later sold for 350K. we were 1 block away from the lake.

    Dundas/Kipling. My parents are at just north of it on Rathburn... I think I'll get a house in north-east Oakville. At least I'll be able to get a decent house for 400-450.
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  • woodhead 2
    woodhead 2 Posts: 367
    edited July 2010
    Hawkeye wrote: »
    So the wife decided she'd like to go house shopping this morning:eek: Looked around the local area and a development near (Gary) TNRabbit in Lusby, MD. I actually got shocked at some of the prices homes are going for. $350-400K is not my idea of affordable housing! A house note that large would cause me to lose sleep at night. This was for a house with 1925 sf with a basement and "almost" a half acre of land.

    So what is considered affordable where you live? I may be interested!!

    Gordon

    Up where I live, you could get a beautiful lake home for that much money.
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  • concealer404
    concealer404 Posts: 7,440
    edited July 2010
    Three steps to go before i can show you guys what less than $75k gets you here. ;)
    I don't read the newsssspaperssss because dey aaaallllllllll...... have ugly print.

    Living Room: B&K Reference 5 S2 / Parasound HCA-1000A / Emotiva XDA-2 / Pioneer BDP-51FD / Paradigm 11se MKiii

    Desk: Schiit Magni 2 Uber / Schiit Modi 2 Uber / ISK HD9999

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  • TNRabbit
    TNRabbit Posts: 2,168
    edited July 2010
    Gordon, let's find a couple of places on St. Martin & retire there...

    I'm with you on the shorts year 'round~
    TNRabbit
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  • Pycroft
    Pycroft Posts: 1,960
    edited July 2010
    I went to St. Maartin for my honeymoon - true paradise. I'd retire there in a second - french side or dutch side :)
    2 Channel/HT:
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    Sony SACD Player
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  • Willow
    Willow Posts: 10,999
    edited July 2010
    ViperZ wrote: »
    Dundas/Kipling. My parents are at just north of it on Rathburn... I think I'll get a house in north-east Oakville. At least I'll be able to get a decent house for 400-450.

    My step grand-parents lived in Oakville, back then (I'm talking 22 yrs ago) it was very quiet. That was the same time my parents sold in Etobicoke, 22 yrs ago. I'm sure that house is worth tons more now.
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