Now there's some equity I wouldn't kick out of bed.

"Dr. Zoidberg - RIP Oppo" (thetomselleck) 05/31/2019 at 09:19 • Filed to: this post is literally about prahpertee valyoos

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Last sold in 2011.

“ How to double your home value in 8 years!”

On the other hand...

“How to double your property taxes in 8 years!”

farscythe - makin da cawfee! > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:21

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nearly a million for that?

O.o

it looks tiny

Dr. Zoidberg - RIP Oppo > farscythe - makin da cawfee! 05/31/2019 at 09:22

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It doesn’t look tiny

It IS tiny.

Nibby > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:24

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wait have you been cheating on me with equity?!

Neil drives a beetle and a fancy beetle > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:29

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Everything is relative; I think our house with a 1100 sq ft foundation and 3/4 finished basement is just about the perfect size for our family of 3. 

nerd_racing > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:29

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Hoping to increase my home equity soon myself.

Before:

Currently.  I’ll be mudding all weekend. 

Highlander-Datsuns are Forever > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:30

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I guess Washington doesn’t have a prop 13 like California. You would still be paying taxes on the $479k even at a $913 valuation. That’s >$10k a year in taxes at $913k.....

Dr. Zoidberg - RIP Oppo > Neil drives a beetle and a fancy beetle 05/31/2019 at 09:31

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I think he meant “tiny for 1million” tiny, not tiny-tiny.

Dr. Zoidberg - RIP Oppo > nerd_racing 05/31/2019 at 09:32

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The lamp is the key

fintail > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:32

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And 35 years ago when some lucky ones were getting going, it was more like 75K. 

Dr. Zoidberg - RIP Oppo > fintail 05/31/2019 at 09:39

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My house sold for something like 30k in 1970-something

Guess what I did not pay

You guessed it...

30k.

BrianGriffin thinks “reliable” is just a state of mind > Highlander-Datsuns are Forever 05/31/2019 at 09:41

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Where I am in PA, property taxes on a $1M house would be closer to $25-30k a year. I’m paying $9500 for my $250k home. 

nerd_racing > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:45

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totally.  That and the jet tub.  

thejustache > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:46

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Exactly. My house was built around the same time and recently redone, same square footage, and I paid less than 17% of that. Of course, I don’t live in Seattle.

We live quite comfortably here, but my idea of a “million dollar house” is quite a bit bigger than what we have, and would optimally come with a few car garage.

RooseveltDad > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:48

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Location, location, location. A quiet part of Capitol Hill, I’m not at all surprised at the price history. 

fintail > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:49

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And over that time, wages increased by 3-5x while housing increased by 20x.  What could go wrong?

Dr. Zoidberg - RIP Oppo > BrianGriffin thinks “reliable” is just a state of mind 05/31/2019 at 09:50

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That’s brutal.

facw > Dr. Zoidberg - RIP Oppo 05/31/2019 at 09:53

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This is not a new phenomena. My parents bought for $110,000 in 1987 and sold for $215,000 in 1991 (DC area). Of course they are probably going to lose a few h undred thousand selling their current place (luckily they can afford to take the loss if need be).

Ash78, voting early and often > Dr. Zoidberg - RIP Oppo 05/31/2019 at 10:00

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Property taxes in my city in AL (excellent schools, too!) would be about $6k/year on a million-dollar valuation. Some of the lowest in the country.

What’s weird here is that in an adjacent suburb, they’d be double that, then the next burb over, roughly quadruple. The schools in those towns aren’t really any better, but they have a much smaller tax base...and people there are much more adamant about keeping The Poors out.

Tripper > nerd_racing 05/31/2019 at 10:06

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HFV has no HFV. But somehow has 2 motorcycles > Dr. Zoidberg - RIP Oppo 05/31/2019 at 10:15

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No kidding for 1mil I expect a 4 000sq/ft home, a  5 car garage, and 40 acres.

Have I mentioned how cheep norther Wisconsin is before?

adamftw > BrianGriffin thinks “reliable” is just a state of mind 05/31/2019 at 10:28

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Where in PA? Thats pretty normal where I am.

adamftw > nerd_racing 05/31/2019 at 10:30

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Jetted tub in 2019 and not an oversize walk  in  shower. Thats a bold move cotton.

66P1800inpieces > nerd_racing 05/31/2019 at 10:33

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Not to be a code nerd, but some towns no longer recognize green board as a suitable tile backer in wet areas like tub surrounds. About two years ago I did my tub and used durock with a paint on moisture membrane.

Highlander-Datsuns are Forever > BrianGriffin thinks “reliable” is just a state of mind 05/31/2019 at 10:33

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A ww hell that brutal. Property taxes in Montana are about 1.1% of your assessed value, about the same in California. It’s great to think hey I got this mortgage paid off but I still owe $800/month in property taxes.

nerd_racing > 66P1800inpieces 05/31/2019 at 10:45

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I’m not using ceramic tile, I’m using a product called Dumawall. It is a poly plank tongue and groove setup.  Less grout to clean. 

nerd_racing > adamftw 05/31/2019 at 10:56

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Yep, bathroom is way too small for all of that. I’m running an L shaped curtain rod and did a tile in bead around the tub. 

BrianGriffin thinks “reliable” is just a state of mind > adamftw 05/31/2019 at 11:00

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Western Montgomery County. 

ZHP Sparky, the 5th > Dr. Zoidberg - RIP Oppo 05/31/2019 at 11:39

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Just saw a friend’s listing for their house in San Jose – a townhouse nonetheless, far less charming than even the one you posted - $1M for 1500 sq.ft. with no yard. I told her she could buy a MUCH bigger and nicer house in Portland with just their capital gains (they’ve owned for maybe 5 years and has probably doubled in value) and bum it out mortgage free for the rest of their lives.

I know it’s a lot more complicated than just “inertia” sums up – but holy hell, if people were more mobile in where they chose to live everyone might be much better off. Spread an educated workforce around more of the country, ease up on housing prices in hot area, help housing markets in quieter areas, and a whole lot of change in the pockets of those with the balls to move.

We need some kind of program and incentives to make this happen.

Chariotoflove > thejustache 05/31/2019 at 11:42

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Cars included. 

Chariotoflove > Dr. Zoidberg - RIP Oppo 05/31/2019 at 11:42

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I quite like the terraced garden. 

Dr. Zoidberg - RIP Oppo > HFV has no HFV. But somehow has 2 motorcycles 05/31/2019 at 15:44

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Yes, but tell me more about winters

HFV has no HFV. But somehow has 2 motorcycles > Dr. Zoidberg - RIP Oppo 05/31/2019 at 18:36

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The winters aren’t so bad, it’s the summers that are the real bummer. It’s May 31st and I still don’t really want to be outside cuz it’s chilly.

However 2 hours south of me it was 85 today. Lake Superior is damn cold. 

VajazzleMcDildertits - read carefully, respond politely > Dr. Zoidberg - RIP Oppo 06/02/2019 at 18:00

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My boss just moved to Bellvue, because he couldn’t take the cost of living in San Jose CA... real estate on the west coast is so fucked .