Reply With QuoteMine just appraised for 250% of what I paid for it 4 years ago. I hope to sell it for at least that much in 18 months.
Note:the gain is only 150%
Big-City Gains
The largest metro areas, their average home prices and 5-year price gains:
City/Area......... Cost.... % Gain
Boston Area......345,000, 74.3
Chicago.............263,000, 47.7
Detroit..............169,000, 24.9
Los Angeles......404,000, 123.9
Miami................242,000, 92.0
New York..........365,000, 82.8
Philadelphia.....196,000, 67.3
San Francisco..560,000, 80.3
Seattle.............285,000, 37.7
Washington......351,000, 94.1
123.9% for LA county Thats amazing
Mine just appraised for 250% of what I paid for it 4 years ago. I hope to sell it for at least that much in 18 months.
Note:the gain is only 150%
With improvements, its gone up about 300%. :2purples: Couldn't afford to buy it again, today.....
mine is up 300% from what i paid for it
Houses in SoCal BOOOMED within this past 5 years, it is crazy. I think they are leveling out now.
Bought in 95 for $210K. Just appraised for $710. South OC here. Too bad I been pulling money out all these years for improvments and new boats!
Bought in '97 for $315K, appraised in '04 for $1,020K.
In Vegas- Bought house in '99 for $197K, had it appraised 2 weeks ago $629K...
You can get a House here in Paso 4000sq ft on 3 acres for 1.4 mill
in a gated community
Made 400% on a lake lot 2 years ago
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