No reason to be irritated....you probably sold them for good reasons at the time - and you made a reasonable profit. Also, you drive a nice boat...
Checked our old houses values on Zillow.com, geez what a beating. First house in La Canada, paid $28,000 1968, sold in 1977 $87,000, now selling for $846,200--- 2nd house in Leucadia, paid $124,000 1978, sold in 1979 $167,000, now selling for $1,045,348--- last house in Lake Forest paid $128,000 1979, sold in 2002 $468,000, now selling for $834,287. Real Estate advice, KEEP IT IF YOU CAN :idea: I'm gonna go throw up now NSF
No reason to be irritated....you probably sold them for good reasons at the time - and you made a reasonable profit. Also, you drive a nice boat...
yea he sold them to make money there was not way back in the late 70's that you would have known the housing market would jump this high
I did that with a couple of properties that my Grandparents once owned in the Coronado Cays..... They sold the properties in 1967 and moved to La Mesa. Both properties are now valued at $4.3 Million.... :cry:
They did buy there home in La Mesa with cash in 1967..... $19,000! We just sold it for $525K 2 months ago.
You also have to remember that those are not inflation-adjusted values.....comes out to a lot less when you factor that in....
You also have to remember that those are not inflation-adjusted values.....comes out to a lot less when you factor that in....
exactly....but $4mm is $4mm
Checked our old houses values on Zillow.com, geez what a beating. First house in La Canada, paid $28,000 1968, sold in 1977 $87,000, now selling for $846,200--- 2nd house in Leucadia, paid $124,000 1978, sold in 1979 $167,000, now selling for $1,045,348--- last house in Lake Forest paid $128,000 1979, sold in 2002 $468,000, now selling for $834,287. Real Estate advice, KEEP IT IF YOU CAN :idea: I'm gonna go throw up now NSF
Waaa waaa waaa. At least you had a piece of property that you made a ton of money off of. Trying being a first time buyer like me. I don't have the luxury of having 300k that I made of another house to roll into something new.
Zillow.com is usually pretty far off from actual values. It us usually extremely low. Those prices you posted are probably below actual market value....LOL
It says my house is only worth 400k, and if someone could find a house in my neighborhood under 485, I would be surprised.
The one I found to be the most off, was my parents. It says there house is worth only 575k. The cheapest house for sale right now in their area is right around 800k!!!!!!! :rollside:
Im not quite sure why it seems to be so low. I would like to know if it is off in other areas of the country as well.
...I would go find a really tall building. :cry:
...I would go find a really tall building. :cry:
He'd have to leave town