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The house across the street just sold for $90,000 more than it sold for a year ago.

Posted by TWuG Apr 16 '21, 06:56

This is the neighbor whose wife died unexpectedly. Glad he was able to sell quickly and make some money on it, too.

Responses:

Per Zillow, our house that we've been in for 2 years is $45k more than we paid for it. - JaxSean Apr 16, 07:30
I live in a little townhouse community in DC. We bought in 2018, a home just sold for $300k more than we paid. - MDH Apr 16, 07:18 9
- What part of DC? -- nm - Inigo Apr 16, 07:23 1
  - I live over by U Street. Easiest way to describe it would be Cardozo (which is apparently the accurate/historic neighborhood name) -- nm - MDH Apr 16, 07:25
- our 2 bedroom condo has more than doubled in 7 years. we couldn't afford to buy it now. and it's not fancy. -- nm - Andie Apr 16, 07:21 2
  - when I bought my house (for $226), zillow estimated it was worth $170 (it appraised then at $230). now zillow says it's worth $235, so... - amanda jeans Apr 16, 07:23 1
    - (I love when I typo "live" as "love" -- happens all teh time.) -- nm - amanda jeans Apr 16, 07:30
- nice return! -- nm - Pippy Apr 16, 07:20 3
  - Here's an insane fact. The average home price in 1995 in the neighborhood next to mine...$17k. Imagine the return... -- nm - MDH Apr 16, 07:24 2
    - Our attached neighbor bought his house in 1958 for $8,000, Zillow currently pegs it just under $450k. -- nm - znufrii Apr 16, 07:28 1
      - Yup. I get you on that. -- nm* - MDH Apr 16, 07:29
wow -- nm - prayformojo Apr 16, 07:13
The prices are just ridiculous. I looked around for a possible small investment property and with the current prices - James Bond (aka Igor) Apr 16, 07:08 3
- We are in the same boat. We'd like to buy a rental property, can't touch anything within our price range. -- nm - Pippy Apr 16, 07:21 1
  - here, a rental permit adds $80-$100k to purchase price. so a $250k house with a rental permit might sell for $340. -- (link) - amanda jeans Apr 16, 07:29
- Yep. Houses go within a day for sure. It's madness. -- nm - Dark Callisto Apr 16, 07:11
All this home buying and building is also really raising the price on wood. -- nm - Krusty Apr 16, 07:05

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The house across the street just sold for $90,000 more than it sold for a year ago.

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