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Respected Contributor
Posts: 2,039
Registered: ‎03-09-2010

Of your first house?  What year did you buy your first home?

Honored Contributor
Posts: 11,377
Registered: ‎02-07-2011

$88,000 in 1979.  My parents bought their house in 1955 for $12,500.  It recently sold for $675,000!!!

 

 

Honored Contributor
Posts: 11,020
Registered: ‎05-13-2010

Re: What Was The Price Tag?

[ Edited ]

We did a land contract for our home with husband's G'Parents (G'Mom really since her husband passed; they earmarked DH to keep it in the family). This happened real early 1980s, we bought it outright/moved in in 1985. You'd flip out if you knew this house and what we paid for it. Practically everything stayed since that was her wish. We basically moved in with clothes and toothbrush in hand, so many pieces of furniture, until we weeded out what we didn't need nor want. Mortgage paid in full 5 years later.

Respected Contributor
Posts: 2,331
Registered: ‎04-02-2015

@Jackhound Mom wrote:

Of your first house?  What year did you buy your first home?


my only home, $19,500, bought in 1958. The $500 was what they called a land grant, or down payment. Paid off in 20 years, and I'm still here. It is now valued at $125,000. My husband when living bought a 1972 Plymouth Van, it cost $19,600, and I remarked ,this van was more than our house. 

Honored Contributor
Posts: 15,641
Registered: ‎05-01-2010

First and only. We are still here and have no plans to go anywhere. $90,000 in 1983. 

Trusted Contributor
Posts: 1,656
Registered: ‎03-26-2010

First and only, $56,000 in 1979

 

Worth $200,000 now.

Respected Contributor
Posts: 2,257
Registered: ‎08-25-2010

Re: What Was The Price Tag?

[ Edited ]

We bought our home in 1984 for $125,000. We're still in it, even though it was supposed to be our starter home. Living in Northern Virginia, or "Amazonia" as I've taken to calling our area, you couldn't get a condo for that price today. 

ETA: 3 bedroom, 2 baths

Trusted Contributor
Posts: 1,871
Registered: ‎08-04-2013

1969, $14,900  3 bedroom 1 bath.

Honored Contributor
Posts: 13,992
Registered: ‎03-09-2010

$87,000 in 1984.  It's a basic 3-bedroom bi-level on 2 acres.

Esteemed Contributor
Posts: 6,767
Registered: ‎06-19-2010

$107,000 in 1986 worth around $300,000 now.