$800,000 for a house.
#7563307
04/19/22 11:25 AM
04/19/22 11:25 AM
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Joined: Dec 2013
Posts: 14,867 Greene County,Virginia
run
OP
trapper
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OP
trapper
Joined: Dec 2013
Posts: 14,867
Greene County,Virginia
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$800,000 for a house with rotting windows and a squatter in the basement. Fairfax, VA. 5 bedrooms and 4 bathrooms. Keep the comments kid friendly please. I can't make this stuff up anymore. I saw it on Instagram.
wanna be goat farmer.
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Re: $800,000 for a house.
[Re: yukon254]
#7563321
04/19/22 11:37 AM
04/19/22 11:37 AM
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Joined: Jul 2016
Posts: 3,928 NY
Canvasback2
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trapper
Joined: Jul 2016
Posts: 3,928
NY
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Its the same here. Total insanity. Our neighbour just listed his place for 850....its nothing fancy. 5 acres with an older house but nice big shop. We have 15 acres and are thinking its time to sell. We paid 30k for the land 34 years ago. The average price of a home in Yukon is now north of 700K With the Market gone crazy with high prices, a homeowner can get a lot of money for their home. The problem is finding an affordable house to move into.
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Re: $800,000 for a house.
[Re: Canvasback2]
#7563335
04/19/22 11:57 AM
04/19/22 11:57 AM
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Joined: Dec 2008
Posts: 4,421 Yukon
yukon254
trapper
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trapper
Joined: Dec 2008
Posts: 4,421
Yukon
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Its the same here. Total insanity. Our neighbour just listed his place for 850....its nothing fancy. 5 acres with an older house but nice big shop. We have 15 acres and are thinking its time to sell. We paid 30k for the land 34 years ago. The average price of a home in Yukon is now north of 700K With the Market gone crazy with high prices, a homeowner can get a lot of money for their home. The problem is finding an affordable house to move into. Very true. New construction here is running north of $300 per square foot.
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Re: $800,000 for a house.
[Re: run]
#7563361
04/19/22 12:38 PM
04/19/22 12:38 PM
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Joined: Dec 2009
Posts: 20,337 The Hill Country of Texas
Leftlane
"HOSS"
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"HOSS"
Joined: Dec 2009
Posts: 20,337
The Hill Country of Texas
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Here in the hill country it doesn't seem to matter what you list a place for, it will sell and a lot of times for more than the list price because multiple parties will get into a bidding war!
“What’s good for me may not be good for the weak minded.” Captain Gus McCrae- Texas Rangers
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Re: $800,000 for a house.
[Re: run]
#7563362
04/19/22 12:39 PM
04/19/22 12:39 PM
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Joined: May 2009
Posts: 15,662 Champaign County, Ohio.
KeithC
trapper
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trapper
Joined: May 2009
Posts: 15,662
Champaign County, Ohio.
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My little sister bought a house last week for $589,777. It's only on a third of an acre and only 2 miles from her old house, which she paid $125,000 for around 12 years ago and just sold for $339,000. She had 22 bids on her house in the first day.
Apparently Chinese people, who live in Canada are buying a lot of American houses to rent out, driving up home prices for buyers.
Keith
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Re: $800,000 for a house.
[Re: NWS,LLC]
#7563377
04/19/22 01:07 PM
04/19/22 01:07 PM
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Joined: Dec 2008
Posts: 4,421 Yukon
yukon254
trapper
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trapper
Joined: Dec 2008
Posts: 4,421
Yukon
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Cash is king. I’m not near Fairfax/Northern VA and my place would not sell for anywhere close to that kind of money. One thing to consider is selling into this market you would have to buy something else or rent in the same market unless you already had another property paid for? Or unless you planned to move somewhere the prices were lower
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Re: $800,000 for a house.
[Re: run]
#7563399
04/19/22 01:23 PM
04/19/22 01:23 PM
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Joined: Dec 2013
Posts: 9,319 Northern MN
Osky
trapper
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trapper
Joined: Dec 2013
Posts: 9,319
Northern MN
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I bought the main house western suburbs of Minneapolis in 91, two sides on a private country club, bought the adjoining lot then, all in 79k. Expanded the structure, nice. I have on my desk a standing offer in 7 figure plus range. It’s crazy out there.
Osky
"A womans heart is the hardest rock the Almighty has put on this earth, and I can find no sign on it" Jabless in Minnesota www.SureDockusa.com
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Re: $800,000 for a house.
[Re: bfflobo]
#7563412
04/19/22 01:39 PM
04/19/22 01:39 PM
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Joined: Dec 2013
Posts: 9,319 Northern MN
Osky
trapper
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trapper
Joined: Dec 2013
Posts: 9,319
Northern MN
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Capital gains taxes if not replacing or rebuying less could be rough? In my case the first 500k would be zero tax, the big chunk tho would be taxed at 15% I believe. Isn’t that wonderful, all the years of paying taxes and then they nail you again on the end. And the country is 30trillion in debt? Osky
"A womans heart is the hardest rock the Almighty has put on this earth, and I can find no sign on it" Jabless in Minnesota www.SureDockusa.com
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Re: $800,000 for a house.
[Re: run]
#7563499
04/19/22 03:28 PM
04/19/22 03:28 PM
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Joined: Jan 2014
Posts: 21,074 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 21,074
North East Kansas
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The whole hosing and lumber pricing seems pretty nuts to me.....so many folks struggling and others fighting one another to pay huge amounts for a house.. inflation out of control to the extreme and no changes in sight...a 2x4 that was $2 is $8? It is all just crazy and people seem to be taking it in stride....as the 'new norm'...I think something has got to break anytime now. But I am no expert on those type of things.
Not to mention we have mutt&jeff in the top two positions of the US government and they are a complete embarrassment. Even saudi state media ran a skit making fun of them..
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: $800,000 for a house.
[Re: Marty]
#7563506
04/19/22 03:42 PM
04/19/22 03:42 PM
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Joined: Aug 2021
Posts: 1,473 Over there.
Flicker Shad
trapper
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trapper
Joined: Aug 2021
Posts: 1,473
Over there.
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The whole hosing and lumber pricing seems pretty nuts to me.....so many folks struggling and others fighting one another to pay huge amounts for a house.. inflation out of control to the extreme and no changes in sight...a 2x4 that was $2 is $8? It is all just crazy and people seem to be taking it in stride....as the 'new norm'...I think something has got to break anytime now. But I am no expert on those type of things.
Not to mention we have mutt&jeff in the top two positions of the US government and they are a complete embarrassment. Even saudi state media ran a skit making fun of them..
The stage is being set to destroy the middle class. Remember what they said.."you'll own nothing and be happy" it's all right in front of us plain as day, but still to some its just conspiracy.
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Re: $800,000 for a house.
[Re: run]
#7563515
04/19/22 03:58 PM
04/19/22 03:58 PM
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Joined: Jan 2014
Posts: 21,074 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 21,074
North East Kansas
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I believe that the middle class as I knew it growing up has already been changed into something else...blue collar working folks and the mother staying home to actually see that the children were raised according to that families beliefs. People very happy with a home that was just large enough to fit the family..not many children receiving new vehicles when they got the drivers license..most teens working a job after school and thru the summer...etc.
Those people were the backbone of this nation, now it seems transgenders and transgender supporters are the new backbone because people who are against that will not fight and those who try to fight are crushed by the DOJ.
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: $800,000 for a house.
[Re: run]
#7563558
04/19/22 04:53 PM
04/19/22 04:53 PM
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Joined: Dec 2006
Posts: 29,880 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,880
williamsburg ks
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Remember what they said.."you'll own nothing and be happy" who is they???
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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