is this normal for a LI home?

Ok dont know why im looking at MLSLI.com but just to look at options, not sure exactly where were gonna move to lol...but im seeing 5-6 bedroom homes for about $400k-500k, i keep looking for other info to see what else is wrong with the place, it just seems so low for a 5 bedroom home In queens i cant even find a 2 bedroom for that much

I might definitely look into LI then if thats the case

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Posted by Saram

depends on the town...that does see a little low..my parents house has 6 bedrooms and it was appraised at 625,000

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yeah and one of them was new thats what surprised me even more, the new one was in Valley stream and then the other one was in baldwin harbour

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Posted by DNS91308

I think it depends how far out on LI?

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im only looking at nassau

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Posted by lucamon

it really deprnds on the neighborhood. We paid 400K for our 1 bedroom.

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yeah i know its by neighborhoods, well thats the case everywhere...i wrote the neighborhoods above...i thought valley stream would be a little more, i guess i was wrong

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Posted by Randilotus

And the market just dropped another 5%

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thats what i am wondering, THANK YOu lol i should've explained my post clearly ahahahaha but im sitting here in shock and going back and forth looking at more homes...Yeah i was curious if this is a typical price or if its because the market went down because some areas the market going down didnt effect the prices yet. WOW i should wait until it drops even more hahaha

or for example another reason i asked is bc in queens you cant find a 5 bedroom home for that price ANYWHERE, i mean even a 2 bedroom at that price is good. But queens prices have gone up SOOOO MUCH bc of how close to the city we are

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Posted by lucamon

well, LI island is definately cheaper than queens. My sister is looking into a Condo in Forest Hills for 550K and it's only a 2 bedroom. And it's a condo. I'm not from LI so I'm not that family with Nassau County, but also look at the property tax and the size of the lot.

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yeah im by the forest hills area so thats why im shocked bc just condo's are insane, or even where i grew up in astoria apartments are more than those homes. The property tax wasn't THAT bad, i need to find out whats wrong with the homes hahahaha but like randi said the market has gone down

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Posted by Espo22

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Posted by lucamon

well, LI island is definately cheaper than queens. My sister is looking into a Condo in Forest Hills for 550K and it's only a 2 bedroom. And it's a condo. I'm not from LI so I'm not that family with Nassau County, but also look at the property tax and the size of the lot.

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yeah im by the forest hills area so thats why im shocked bc just condo's are insane, or even where i grew up in astoria apartments are more than those homes. The property tax wasn't THAT bad, i need to find out whats wrong with the homes hahahaha but like randi said the market has gone down

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Which house on MLS are you looking at?

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Posted by lucamon

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Posted by Espo22

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Posted by lucamon

well, LI island is definately cheaper than queens. My sister is looking into a Condo in Forest Hills for 550K and it's only a 2 bedroom. And it's a condo. I'm not from LI so I'm not that family with Nassau County, but also look at the property tax and the size of the lot.

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yeah im by the forest hills area so thats why im shocked bc just condo's are insane, or even where i grew up in astoria apartments are more than those homes. The property tax wasn't THAT bad, i need to find out whats wrong with the homes hahahaha but like randi said the market has gone down

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Which house on MLS are you looking at?

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Hold on let me go back and get it

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Posted by Randilotus

My aunt is a realestate agent said it will drop another 5% in April

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hmmmm i wonder if fh and i should just keep waiting i mean we'll live in my apartment so its ok lol, he was the one saying yesterday he would just like to stay in my apartment

u had FM

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Posted by Espo22

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Posted by Randilotus

My aunt is a realestate agent said it will drop another 5% in April

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hmmmm i wonder if fh and i should just keep waiting i mean we'll live in my apartment so its ok lol, he was the one saying yesterday he would just like to stay in my apartment

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If I had known what I know now, I would've waited. My sister is waiting too but thats because she wants to save up at least 20% for downpayment.

Do you and FH both work in the city?

here is just 1 of them i found again

http://yellowrose.zoovy.com/category/crystaljewelry/