Stolen from 08- 1st House

Mikeysgirl Posted: Oct 17, 2007 11:30 AM

Stolen from 08- 1st House

What do you think the average couple is spending on their first house? Do you expect your first house to be your dream house or a starter?

Real Estate in Brooklyn is out of Control. A starter house here runs at $700.000 and up I don't see myself buying a house for many years and when I do it probably won't be in NY. I can't afford such a house but even if I could, I couldn't justify spending $700,000 + on a starter house!

Christys0925 Posted: Oct 17, 2007 11:33 AM

Re: Stolen from 08- 1st House

Wow it's expensive up there. I am in Georiga. DH and I bought our starter home last year. It's 3000 sq ft with a pool and it was only 255,000. I had know idea real estate was that high New York. If we lived there there is no way we would be in a house now.!!!!
Oh my house pics are in my album if you want to see.

Mikeysgirl Posted: Oct 17, 2007 11:36 AM

Re: Stolen from 08- 1st House

In Brooklyn your house would fetch over a million , it would not be considered a starter home, and it would not come with a pool!

Edited to add: I just saw your house pics and its gorgeous!

Christys0925 Posted: Oct 17, 2007 11:38 AM

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That is so crazy. When we bought ours at 1st I thought we were getting screwed.

Christys0925 Posted: Oct 17, 2007 11:38 AM

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Thank you so much!!!

soon2bmrsdunn Posted: Oct 17, 2007 12:47 PM

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Your house is gorgeous!!!

chacha Posted: Oct 17, 2007 01:53 PM

Re: Stolen from 08- 1st House

holy awesome! that house is GREAT! in forest hills, queens where i live, that house would be about a million---maybe $900,000....if you were lucky and def no pool! ahahha!!!
our 'starter house' cost us about $600,000 and we're in the middle of gutting it and starting over from scratch.... new york shows no love for those of us starting out...

Joanna n Jeff Posted: Oct 17, 2007 02:14 PM

Re: Stolen from 08- 1st House

prices of houses are actually coming down and there are so many houses on the market you can probably find a great deal....me and dh bought a house 2 yrs ago before we got married and it def is a huge responsibility but its so worth it.....besides renting these days cost so much so your better off making a mortgage payment instead

AllJoy Posted: Oct 17, 2007 03:36 PM

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I know where you are coming from. These prices are horrible. DH & I plan to move to Charlotte NC by the spring. I can't wait.

angNbrian07 Posted: Oct 17, 2007 04:46 PM

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we are looking a little further out east on LI (Hauppauge) where we can get low taxes , although it would be a bit of a hike to work... we are looking in the $500K range...

Mikeysgirl Posted: Oct 17, 2007 06:13 PM

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Everyone is moving out of NY. I would love to get out of here but I don't know where to go or what the job market is like in other states. I was thinking about Florida but I've only been there once and I'm not sure if I would like it.

Snickers76 Posted: Oct 17, 2007 06:18 PM

Re: Stolen from 08- 1st House

Posted by Mikeysgirl

What do you think the average couple is spending on their first house? Do you expect your first house to be your dream house or a starter?

Real Estate in Brooklyn is out of Control. A starter house here runs at $700.000 and up I don't see myself buying a house for many years and when I do it probably won't be in NY. I can't afford such a house but even if I could, I couldn't justify spending $700,000 + on a starter house!

Where are you looking in Brooklyn?

mskittynj Posted: Oct 17, 2007 06:20 PM

Re: Stolen from 08- 1st House

We bought our 1st home 3 years ago this June. We knew we would never be able to afford a house in NY. Our house was only 190.000!!!!!!!!
That's with 3 bedrooms 2 baths, living room, dining room, kitchen, office, mudroom and garage! PLUS 1/2 acre in the backyard!!!!! It's a really charming cape. I would like to move to a bigger house once we have kids. Somewhere in the Poconos where I live now. The house next to mine is up for sale!! Anyone wanna be my neighbor?????
XOXOXO
Kitty

ejm1219 Posted: Oct 17, 2007 07:50 PM

Re: Stolen from 08- 1st House

Wow...DH and I are idiots :) LOL We just bought our first house in April and we probably should have moved out of state bc we are spending all our money on a little ( but wonderful) house!