How can I possibly afford this????

Nikon AF-S NIKKOR 24-70mm f/2.8G ED

03/04/2006 09:52:38 PM · #1

So my girlfreid and I decided to look at open houses today. Just browsing and we saw this newly built 3500 sf home (detached) on a 6000 sf lot. It's 4 bedrooms and 4-1/2 baths with a 3 car garage.

Asking price? 1.58M!!! Yikes.

real estate is crazy around this part of the country ;(

alfresco

Nikon D700

03/04/2006 09:55:41 PM · #2

I'll sell you my house for 1.58M - 40 acres, house, sauna, barn, barn, pond.

Heck, I'll make you a deal and call it an even mil - how about it?

:)

robs

Canon EOS R6 Mk II

03/04/2006 09:57:06 PM · #3

My first thought was that did not sound extreme - and then I remembered I am in another expensive area :-) Good luck...

rex

Canon PowerShot SD780

03/04/2006 09:57:10 PM · #4

How can you afford it?

Move

03/04/2006 09:59:01 PM · #5

yeah moving is an option but i love living by the coast... can't imagine living smack in the middle of big country you know ;)

Melethia

Canon EOS-80D

Canon EF-S 55-250mm f/4-5.6 IS

03/04/2006 09:59:43 PM · #6

For where you are, I'd say that's a pretty good price. Just remember: location, location, location! Had I kept the house I had in a little bedroom community north of Santa Barbara, I could retire now and live off the income. But had I kept it, I'd probably just have moved back there. There's something about the air in California... :-)

Canon EOS-60D

03/04/2006 09:59:49 PM · #7

Down here I see billboards all the time for 3200+ sf custom homes in the upper 100's and low 200's. Land is pricey, but seems that the homes are not so much. Land in some areas is going for around 45K an acre, but only about 1500 an acre in other, more rural places. Guess it's all relative to what's going on in your neck of the woods.

Ozzie

Nikon D90

Nikon AF-S Nikkor 24-120mm f/4G ED VR

03/04/2006 10:01:04 PM · #8

I feel your pain!! We went out walking near our home today and stumbled across this gorgeous log cabin home, with a great view of the mountains on an acre, asking price was $1.295 million. No thanks!! In Woodinville, Seattle. We worked it out to about $6000 a month mortgage payment with $100,000 down payment.

stare_at_the_sun

Canon EOS-10D

03/04/2006 10:01:12 PM · #9

Originally posted by Rikki:

yeah moving is an option but i love living by the coast... can't imagine living smack in the middle of big country you know ;)

You mean Kansas?

I live 60 miles awy from the exact center of the United States, lol.

It's not so bad here, nevertheless, I can't wait to get out

Canon EF-S 17-55mm f/2.8 IS USM

03/04/2006 10:01:31 PM · #10

Yeah California rocks... I'm within a few hours to the beach of snow ;)

jpochard

Canon EOS-40D

03/04/2006 10:02:26 PM · #11

We LOVE getting west-coasters into the buyer's market here. They think they are getting a mansion at $200,000.

Tonight I just sold a really nice older home in a great neighborhood...3 bedrooms, 1 full, 1 half bath, gazebo with hot tub, 2 car garage. Really nice craftsman style design with built in cupboards, updated kitchen and modern mechanics. $150,000. I'd be happy to sell you something here :)

Sigma 15-30mm f/3.5-4.5 EX Aspherical DG DF for Minolta

03/04/2006 10:05:33 PM · #12

Ohio... hmmmmm.... worked on a project there once (Cleveland)... took a trip out there... don't know if I could live there though.... well there's Lake Eerie...

but 150K for a 3 bedroom house? Sheesh! that's a steal... I paid 294K for my 1150sf condo ;)

MrEd

Sony DSLR-A100

03/04/2006 10:06:20 PM · #13

Hmmmm, I thought that was pretty reasonable compared to NY until I did a search. I put in Bayside, NY....not exactly an upscale area, but it is above middle class as you can see here.
It's still a bit of commute to Manhattan where....well....we won't mention what they go for there. Then again, there are no houses in Manhattan....only apartments and brownstones.

jpochard

Canon EOS-40D

Canon EF-S 17-55mm f/2.8 IS USM

03/04/2006 10:08:53 PM · #14

We're just north of Cincinnati and it's a very affordable housing market. Kinda sad to see all the farms being taken over by subdivisions though.

jpochard

Canon EOS-40D

Canon EF-S 17-55mm f/2.8 IS USM

03/04/2006 10:12:17 PM · #15

Here is the home I'm doing Open House for tomorrow. You should drop in! LOL

Cam

Sony DSC-F717

03/04/2006 10:19:38 PM · #16

IF DPC payed better for winners you would get that home in no time.

Its all their fault. :)

Brad

Olympus OM-D E-M1

Olympus 40-150mm f/2.8 PRO M.Zuiko

03/04/2006 10:21:12 PM · #17

Originally posted by Rikki:

That is a bargain actually.
By comparison, not newly-built (1974) 1,360 sqft, (400 sqft of it is an attached family room addition) 3BR, 1BA, 2 car garage (attached) on 7,100 sqft lot, central heat, no insulation, no A/C and comps are $525-550K.
Can't believe I live in a $1/2 Million-Dollar+ cracker box called a house.

03/04/2006 10:26:26 PM · #18

Originally posted by Riggs:

IF DPC payed better for winners you would get that home in no time.

Its all their fault. :)

Melethia

Canon EOS-80D

Olympus 14-54mm f/2.8-3.5 Zuiko Digital Zoom

03/04/2006 10:30:53 PM · #19

And I was just gonna say that you're gonna have to sell a LOT of DPCPrints....

:-)

MQuinn

Olympus OM-D E-M1

03/04/2006 11:16:06 PM · #20

Yep Realestate is crazy here also, Im glad I bought our house when we did. Recently we sold our cabin up north, we had bought it in 1996 for 90k sold in 2 days for 350k. But heck Rikki for a mere 5 million more you can buy a10 acre island on lake here with a 1000sf home ;P

wheeledd

Panasonic LUMIX-DMC ZS100