![]() 09/26/2018 at 15:56 • Filed to: real estate | ![]() | ![]() |
Sweet house. I was actually working next door,
but I elected to not assault your eye spheres with new construction you all hate. THIS TIME.
Anyway. this house: Bought in 2013... now check out the alleged equity.
Freaking $678k increase in five years! If you bought in Bellevue before 2015, you’re laughing all the way to the bank. Anecdotes like this blow my mind...
Also, I lied: here’s a chandelier from the house next door.
![]() 09/26/2018 at 16:00 |
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That is a lot of Miatas...
![]() 09/26/2018 at 16:02 |
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It’s all the miatas in fact
![]() 09/26/2018 at 16:03 |
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Have light fixtures always been terrible in expensive homes? You’d think they’d have better taste...oh wait money doesn’t buy taste that’s right
![]() 09/26/2018 at 16:04 |
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Something something rich getting richer.
![]() 09/26/2018 at 16:06 |
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Well, it’s great, aside from the fact that you need that money to afford a home, and are getting hit with higher property taxes. I guess you can get a bigger load against it. It really only helps if you are going to be moving somewhere cheaper though.
![]() 09/26/2018 at 16:07 |
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Sometimes it seems like money and taste are inversely proportional.
![]() 09/26/2018 at 16:07 |
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No, but money does buy more money
![]() 09/26/2018 at 16:08 |
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Dang man. I was feeling pretty good about the equity I’ve built up since buying in 2010 ... of course I don’t have that kind of s k in in the game.
![]() 09/26/2018 at 16:09 |
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I believe that’s what they call a “starter home” in Bellevue... That is pretty amazing, they gained more equity in the last 5 years doing nothing than the vast majority of families in the US entire net worth.
![]() 09/26/2018 at 16:10 |
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That’s a nice house, but it boggles my mind that it runs $1.5M. Just judging from the front facade, around here it’d be $450k.
![]() 09/26/2018 at 16:10 |
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Right, the entry costs are high and then you're sitting on a Payday as long as you can afford it. But you don't see homes appreciating 60% over five years at lower income brackets.
![]() 09/26/2018 at 16:11 |
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Location. Cougar Hills off of Lakemont.
![]() 09/26/2018 at 16:13 |
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Aaah the PNW faux craftsman, none of those around here, nope. And ask no questions about some major factors behind price inflation.
That can be such a booooring area (and very car-dependent), I’d rather live in an old house in 98004 for the same dough.
![]() 09/26/2018 at 16:14 |
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There's a Starbucks and a cental market... Or is it whole foods?... Whatever. Yeah nothing out here bur money.
![]() 09/26/2018 at 16:15 |
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Location, location, location. My mom’s cousin used to live in Bellevue but that’s back when you could live there on what the Bellevue Fire Department paid .
![]() 09/26/2018 at 16:25 |
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“Let’s take a chandelier, but put it in a BOX.”
![]() 09/26/2018 at 16:25 |
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In Dayton, Ohio, 100k. Tops.
![]() 09/26/2018 at 16:26 |
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Am uncertain of the trellis over the garage door, especially if they start vines on it.
![]() 09/26/2018 at 16:28 |
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“Hey Steve: unbox that boxed chandelier for me, would ya?”
“...Heh?”
“Go home, Steve."
![]() 09/26/2018 at 16:40 |
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Thinking outside the box is so cliche they started thinking inside it again.
![]() 09/26/2018 at 17:20 |
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Yeah, but then you’d have to live in Ohio...
![]() 09/26/2018 at 17:24 |
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Yeah but then you’d have to watch out for the Turd Burgler.
![]() 09/26/2018 at 17:26 |
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Our parks are better than pretty much every state
and we have a lower cost of living. We don’t get hurricanes, tornados (at least not very often), or earthquakes. It’s friendly to small businesses and taxes are low. Ohio’s a nice place.
![]() 09/26/2018 at 18:33 |
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I sold my house for double what I paid in 2013...but I sure was a looong way from 1.5 mil. All the people making offers were crazy but I didn’t have any complaints.