Re: How much $$ for your first/starter home??

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Posted by chmlengr

less than $300K back in 2000
taxes $4800/yr
4 bedroom
3 full bath
wideline hi-ranch built in 1962
huge yard with deck
~ 1/3 acre
2 car garage
North Shore Nassau Cty.

We could not afford to buy our house today!

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You guys got a steal! Betchya' didn't know it then. I remember looking in your area back in '01 and there wasn't much in our price range.

Your taxes are only 4800 a yr!?! Geez...you guys really made out like bandits!

Re: How much $$ for your first/starter home??

wow!! this thread has made me feel a whole lot better!!! I was thinking the starter houses we were looking at were too much $$$, but i think that is what everyone seems to be paying now...

Re: How much $$ for your first/starter home??

235,000 for a 2 bdrm condo in 2003

Re: How much $$ for your first/starter home??

I dont even want to give a dollar amount, but its more than any price listed in this thread, for a new 2 bedroom condo in brooklyn.

Re: How much $$ for your first/starter home??

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Posted by Jenny5150

You guys got a steal! Betchya' didn't know it then. I remember looking in your area back in '01 and there wasn't much in our price range.

Your taxes are only 4800 a yr!?! Geez...you guys really made out like bandits!

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Jenny, we thank our lucky stars every day!! And to think we almost didn't buy because we thought it was at the height of the market and the prices would come down We are loving our house and location more and more as we see the market now. And yes, our taxes are low and we're not complaining!

Re: How much $$ for your first/starter home??

$325K for a 3br, 2ba colonial in Carle Place. This was over three years ago-- judging by recent home sales near us, I think it would be between $450 and $475K today (in addition to the natural appreciation on the house, we also remodeled one of the bathrooms ourselves)

And to think we thought we were getting ROBBED three years ago!

Re: How much $$ for your first/starter home??

$234,000 back in 1999 for a 4 BR, 2 full bath, LR, DR, EIK, den, garage, 60x180 yard and deck. No major renovations (new tile floor in kitchen, refinish floors, painted and cleaned A LOT)

We just got it appraised at $565,000 last week.

Re: How much $$ for your first/starter home??

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Posted by kelleherkm

$234,000 back in 1999 for a 4 BR, 2 full bath, LR, DR, EIK, den, garage, 60x180 yard.

We just got it appraised at $565,000 last week.

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Wow..you guys obviously made a GREAT investment!!

Re: How much $$ for your first/starter home??

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Posted by MrsERod

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Posted by kelleherkm

$234,000 back in 1999 for a 4 BR, 2 full bath, LR, DR, EIK, den, garage, 60x180 yard.

We just got it appraised at $565,000 last week.

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Wow..you guys obviously made a GREAT investment!!

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Believe me we know how fortunate we are! Honestly we couldn't afford a house like ours now! It's crazy!
We did do some work, refinished the floors, painted, new tile in the kitchen...but thats IT!! And just by the RE market alone, our house more than doubled in value!

Re: How much $$ for your first/starter home??

I hope we can say the same in a few years...we're buying a 3br/1bth ranch, lr, dr, den, eik, full bsmt, on 1/2 acre, for $365..we go to closing at the end of april...hopefully, in a few years after we've added a bath, updated the kitchen, and done all the cosmetic work, we'll be able to see if our investment has paid off....

Re: How much $$ for your first/starter home??

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Posted by MrsERod

I hope we can say the same in a few years...we're buying a 3br/1bth ranch, lr, dr, den, eik, full bsmt, on 1/2 acre, for $365..we go to closing at the end of april...hopefully, in a few years after we've added a bath, updated the kitchen, and done all the cosmetic work, we'll be able to see if our investment has paid off....

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I def. think it wll pay off! That is not a bar price and once you update things it will be worth more immediately!!

Re: How much $$ for your first/starter home??

Re: How much $$ for your first/starter home??

$160,000 for a four bedroom, two bath, kitchen, l/r, den, office, dining room, two car garage back in 00'. We also have two decks (rear and one in front) that extends across the entire house. 160 x 109. Taxes $6,000. But we had to invest over $150,000 in it for complete renovations.

Re: How much $$ for your first/starter home??

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Posted by ambersmom

$160,000 for a four bedroom, two bath, kitchen, l/r, den, office, dining room, two car garage back in 00'. We also have two decks (rear and one in front) that extends across the entire house. 160 x 109. Taxes $6,000. But we had to invest over $150,000 in it for complete renovations.

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Sharon, where is this!! That's an awesome price, even for back in '00??

Re: How much $$ for your first/starter home??

$485,000 for 4 bedroom 1 bath with dormered room on 2nd floor for 2nd bath, kitchen living room and formal dining rm and partially finished basement on a lot 45x100

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Re: How much $$ for your first/starter home??

We are in the process of buying a 3 br, 1.5 ba, colonial with a finished basement and extended kitchen, in Valley Stream for just under 400K.

I'm also hoping that with a few cosmetic changes, it will appreciate so I dont feel so bad about the cost...I dont know how anyone is buying anything on LI with these prices!!!

Re: How much $$ for your first/starter home??

We bought a 'Z' shaped ranch 2 bed/3bath for 329,000, 1 block from the great south bay in October. It needs a few things done, but not much. (we made the 2bed into 1 bedroom).

Re: How much $$ for your first/starter home??

255,000 for a 2 bedroom co-op in Brooklyn.

Re: How much $$ for your first/starter home??

$190k in 1999 for a 4 bedroom, 2 bath with garage and wood shop on 3/4 of an acre in Riverhead. It appraises for $430k now!!!

Re: How much $$ for your first/starter home??

$295,000 in 2002 for a 2 bedroom, 2.5 bath, garage, basement, LR, EIK, Florida room in Western Nassau.
We (ourselves) gutted the whole place and now have a brand new house. We're dying to see what it appraises for now.