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re: When did you buy your first house and how much did it cost?
Posted on 9/2/26 at 4:17 pm to Ramblin Wreck
Posted on 9/2/26 at 4:17 pm to Ramblin Wreck
Bought it in1983. Built in 1946. 2 beds, 1 bath, 970sf on a 7500sf corner lot, paid $108K. Sold it in 1987 for $183K
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Posted on 9/2/26 at 4:20 pm to NyCaLa
quote:If they had dropped that 9k in the stock market it would have been worth a bit more.
Thread made me think of my parents, who bought the house of my childhood in 1956. Paid $9,000. Zillow says it's current estimated value is $1,840,00.
Posted on 9/2/26 at 4:21 pm to Ramblin Wreck
Bought in January '86
Built in '76 or '77
3 beds, 2 baths, 1730 sq ft
$65,000
Thought we were doing good, because we got a "low" interest rate for first time buyers of 9.95%
Built in '76 or '77
3 beds, 2 baths, 1730 sq ft
$65,000
Thought we were doing good, because we got a "low" interest rate for first time buyers of 9.95%
Posted on 9/2/26 at 4:22 pm to Ramblin Wreck
2009, $129,500. Bulit in 1987 1150 sq ft and last I looked the estimated value is about $175,000. It is a good little 2 bedroom, 2 bathroom house in a good area in Lafayette.
Posted on 9/2/26 at 4:31 pm to Ramblin Wreck
Most will find this very hard to believe but I swear it's absolutely true.
First house I bought was the old single shotgun on a narrow lot in the Lower 9th Ward I bought in 74 for a grand total of $9,200. It had 5 rooms and a bath with a small utility shed attached to the rear with a shed that ran across the width of the lot at the very back of the yard.
I did my own repair work, kept it for 5 years and sold it for $32K to the first people who looked at it.
Edited to add this: Current house in Mid-City N.O. bought in 92 for $54K. Two story and roughly 3200 sq. ft. that I did just about all the repair and upgrade work on it over the years.
Current market value unknown but comps are selling in the low to mid $400K range.
First house I bought was the old single shotgun on a narrow lot in the Lower 9th Ward I bought in 74 for a grand total of $9,200. It had 5 rooms and a bath with a small utility shed attached to the rear with a shed that ran across the width of the lot at the very back of the yard.
I did my own repair work, kept it for 5 years and sold it for $32K to the first people who looked at it.
Edited to add this: Current house in Mid-City N.O. bought in 92 for $54K. Two story and roughly 3200 sq. ft. that I did just about all the repair and upgrade work on it over the years.
Current market value unknown but comps are selling in the low to mid $400K range.
This post was edited on 9/2/26 at 4:38 pm
Posted on 9/2/26 at 4:40 pm to Ramblin Wreck
First house, purchased around 1989
1244 square feet
3br, 2ba
$75,000 at a mortgage interest rate of 10%+
I see it's currently estimated at $234,000.
1244 square feet
3br, 2ba
$75,000 at a mortgage interest rate of 10%+
I see it's currently estimated at $234,000.
Posted on 9/2/26 at 4:40 pm to danilo
1992
1450 SqFt
75K
1450 SqFt
75K
Posted on 9/2/26 at 4:44 pm to Ramblin Wreck
Purchased in 2000 for 40,000...was a fixer upper and interest rates were terrible
Posted on 9/2/26 at 4:47 pm to RedHawk
1981, 1800 sqft
69,000
Salary was 20,800. I was 21 married
69,000
Salary was 20,800. I was 21 married
Posted on 9/2/26 at 4:53 pm to Ramblin Wreck
Gwinnett County, GA - 3/2 on half acre $84K in 1992.
Posted on 9/2/26 at 5:12 pm to Ramblin Wreck
quote:
When did you buy your first house and how much did it cost?
December 1991 - 3 BDR 1.5 BTH Brick single story 1200 sq. ft. living - $29,900.00
My note was $285.00 a month included taxes and insurance. Lived there 5 years and sold it for $55,000.00
Posted on 9/2/26 at 5:21 pm to Ramblin Wreck
Purchased - 2021
House built - 2001
Size - 4/2.5
Cost - $320k
House built - 2001
Size - 4/2.5
Cost - $320k
Posted on 9/2/26 at 5:22 pm to Ramblin Wreck
1999
$130K
West Houston (just outside Beltway of I-10)
Single story, 2,200 sqft
1/4 acre
Built in 1979 (I think)
$130K
West Houston (just outside Beltway of I-10)
Single story, 2,200 sqft
1/4 acre
Built in 1979 (I think)
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