Wow, real estate value in VA
DH and I are so sick of the cost of housing here in Northern VA. Get this:
DH and I bought a townhouse just under 2 years ago. We live right by Dulles Airport, which is about 45 minutes from D.C. (if you don't hit traffic, that is, which is almost never).
It's a 1300 sq. ft. townhouse with 3 bedrooms, 2 baths, no garage, and a teeny 'backyard'. We bought it for $234,000. Our neighbors, who live a couple of townhouses down, just put their townhouse on the market. They bought their townhouse like a month before we bought ours, and it's almost the same exact model so we're assuming they paid close to what we paid. Well, the day they put their townhouse on the market it sold. And it sold for $350,000!!!!!![]()
I just can't believe that someone would pay that kind of money for a tiny 3 level townhouse! It's good news for us since now we know how much our property value has gone up, but it's only good news if we decide to sell and then move out of state. Houses here go for at least $500K. So depressing.....
DH and I bought a townhouse just under 2 years ago. We live right by Dulles Airport, which is about 45 minutes from D.C. (if you don't hit traffic, that is, which is almost never).
It's a 1300 sq. ft. townhouse with 3 bedrooms, 2 baths, no garage, and a teeny 'backyard'. We bought it for $234,000. Our neighbors, who live a couple of townhouses down, just put their townhouse on the market. They bought their townhouse like a month before we bought ours, and it's almost the same exact model so we're assuming they paid close to what we paid. Well, the day they put their townhouse on the market it sold. And it sold for $350,000!!!!!
I just can't believe that someone would pay that kind of money for a tiny 3 level townhouse! It's good news for us since now we know how much our property value has gone up, but it's only good news if we decide to sell and then move out of state. Houses here go for at least $500K. So depressing.....
