Just bought a house

Kinja'd!!! "MooseKnuckles" (andyschenk)
06/26/2016 at 12:16 • Filed to: None

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Just had my offer accepted for my first house. I’m freaking-the-fuck-out.
15 V6 Mustangs level of freak out.

Market here is fucked, houses selling in under 48 hours for 10-20% over asking without conditions. I’ve been looking since last November.
I’ve been through a lot of shit holes in my price range, happy this place is move in ready and any changes are preference and weekend projects.
50x120ft lot, 3 bdrm, 2 full bath, finished basement, lots of kitchen counter space, spacious rear yard, deep detached garage with hydro (would hide an 18ft boat...), 4-5 car driveway. Quiet older neighbourhood (1950s), other houses on street look nice and well kept, and it’s a great location. Roof needs vents, pretty hot upstairs even with central air. Will likely spray foam the attic too.

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DISCUSSION (21)


Kinja'd!!! CB > MooseKnuckles
06/26/2016 at 12:20

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Nice! I forget whereabouts you are, but markets are pretty fucked all over. My dad lives just north of Toronto, and he paid about $500k for his house a few years ago. He sold it this year for around $800k, I believe.


Kinja'd!!! Biggus Dickus (RevsBro) > MooseKnuckles
06/26/2016 at 12:21

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Congrats!


Kinja'd!!! Ssfancyfresh > MooseKnuckles
06/26/2016 at 12:22

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Congrats! I am also in the process of buying and selling a house. It’s gut wrenching. I know that feeling.

Well done. House looks great


Kinja'd!!! FromCanadaWithLove > MooseKnuckles
06/26/2016 at 12:26

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Very nice, congratulations!


Kinja'd!!! The Lurktastic Opponaught > MooseKnuckles
06/26/2016 at 12:42

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Congrats. You’ve just purchased the stationary equivalent of this:

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The clock starts now. Good luck.


Kinja'd!!! KatzManDu > MooseKnuckles
06/26/2016 at 12:57

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Congrats!


Kinja'd!!! MooseKnuckles > CB
06/26/2016 at 13:21

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I’m in Waterloo. It’s crazy. Meanwhile my aunt and uncle just took a $500k loss on their house in the US, 5000sqft on 25 acers. Not sure what they actually sold/listed for.


Kinja'd!!! MooseKnuckles > The Lurktastic Opponaught
06/26/2016 at 13:22

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haha yup!


Kinja'd!!! CB > MooseKnuckles
06/26/2016 at 13:25

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Wow, that’s ridiculous. My girlfriend was in from Winnipeg, and she was floored when I told her how much houses go for the GTA.

Here’s hoping the housing market calms down in the next year or two. I think the government was talking about intervening due to how crazy it’s getting.


Kinja'd!!! smobgirl > MooseKnuckles
06/26/2016 at 13:33

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I love it! I got outbid on 5 houses when I bought mine. Similar market, though it was concentrated in my price range and where I was trying to buy. The good news is, 7 years later it's worth twice what I paid.


Kinja'd!!! Wurrwulf > MooseKnuckles
06/26/2016 at 13:34

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Congrats! We bought in January, and I’m now looking into attic ventilation because my dumb ass didn’t think to look at ventilation while buying a house in south Louisiana.


Kinja'd!!! BJ > MooseKnuckles
06/26/2016 at 14:05

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Looks perfect, congratulations!

When we bought, we were in a similar market: houses selling above asking price the day they listed - if they even got as far as listing them before a buyer showed up... Enjoy your new money pit, time sink, eternal life project.


Kinja'd!!! Chasaboo > MooseKnuckles
06/26/2016 at 15:12

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Wow, I can’t even wrapped my head around all you have to do to buy a house. Mad props to you and your success.


Kinja'd!!! LOREM IPSUM > MooseKnuckles
06/26/2016 at 15:49

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Congrats!

Thats at least 2 million worth of house and land had it been located in BC.


Kinja'd!!! Birddog > MooseKnuckles
06/26/2016 at 16:25

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Congrats! Looks like a nice place.

15 V6 Mustangs is a hard pill to choke down but unlike those Stangs you’re likely to see less depreciation.


Kinja'd!!! OPPOsaurus WRX > MooseKnuckles
06/26/2016 at 18:11

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Pro tip. Closed cell spray foam only. Open cell is mold waiting to happen. Don’t be in the house when they spray . It can go south and when it does it can be 6' deep, south. If the two parts don’t mix properly it’s deadly. Other than that it’s great stuff


Kinja'd!!! Long Live the Longdoor > MooseKnuckles
06/26/2016 at 18:58

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You must be from Ontario, our housing market is ridiculous right now. Great time to sell, madness to buy right now, it’s a feeding frenzy.


Kinja'd!!! gmporschenut also a fan of hondas > MooseKnuckles
06/26/2016 at 20:28

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with garage

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Kinja'd!!! EL_ULY > MooseKnuckles
06/26/2016 at 22:06

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Duuuude congrats! She’s a beauty!


Kinja'd!!! DynamicWeight > MooseKnuckles
06/27/2016 at 13:12

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15 V6 mustangs wont buy you a lot with a burned down house on it where I live. The Bay Area’s housing prices can go fuck themselves. I don’t know how anyone does it here. It’s completely ridiculous.


Kinja'd!!! thebigbossyboss > CB
07/26/2016 at 12:25

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Yeah. Life is a lot more affordable here in Alberta. However people have a bizarre aversion to taking even a little loss on their house. Since the market is so soft here now, people just aren’t selling. There’s not a lot for sale here in Edmonton. Not that it matters since I can't afford anything anyways.