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How old were you when you bought your first house? How many beds/baths? How many square feet? How much did it cost? What year was it (when you bought the house)? What year was the house built? What city/state was it in? Was your home single or double income? What was your total income per year? what size was the land/yard?

2006-09-29 15:40:42 · 11 answers · asked by Eric 3 in Business & Finance Renting & Real Estate

ohh...didnt mean to offed with the $$$ question so feel free to skip, but also what was the median home price for that area?

2006-09-29 15:46:11 · update #1

not a bad guy, looking at investing, this is just an informal poll.

2006-09-29 15:49:00 · update #2

yes it is very personal and very nosey, thats why it is being posted on the net so total strangers can chose to answer or not to answer. i would never ask any of these questions to someone i know thats why it is posted here.

2006-09-29 15:55:22 · update #3

11 answers

just to preface here, i am a licensed real estate agent and "realtor" as all my dues are paid and i am in good standing, and do still work under a broker, since i'm less than three years in the biz and don't have my broker's license. to answer your q's, here goes: i was 24 when hubby and i bought our first house. it was technically three beds, but we only used the two lower and the upper level as an office area, one bath, though plumbed for two, just a tick under 900 square feet, our sale price was $26k, it was 1986, and the house was built in 1926. it was in Melvindale, Michigan, we had a dual income, and it was a deep city lot, 45 x 165. our income exceeded the sale price but only slightly. i hope this helped your project/research/quest for info. good luck to you!! if you know of anyone wanting to buy or sell in michigan, please refer them to me!! Virginia Randolph, Realtor, Coldwell Banker Haynes, to be reached at VirginiaRandolph@coldwellbanker.com. thanks for the points!

2006-09-29 16:10:32 · answer #1 · answered by vrandolph62 4 · 0 0

I was 25, the house was 1300 square feet, 3 bedrooms, 2 bath, cost $87,500, built in 1983, purchased in 1986 - double income, 80 x 120 lot - sorry, I don't publish my total income, and recommend that no other responders do either.

2006-09-29 15:43:16 · answer #2 · answered by Anonymous · 0 0

In 1994 I built my first home. 1300 sq feet, 2 bed, 2 bath in a small town in Iowa for $120,000, 1/3 acre lot. 2 incomes.

Now I own a 4 bed, 2 bath, 1900 sq ft home in Rochester MN. Single income. The house was built in 1978, I bought it in 1999 for $116,000 and it is now valued at $160,000.

2006-09-29 15:52:27 · answer #3 · answered by therego2 5 · 0 0

JUST passed the state exam last Monday for realtor's license, so here goes:

Built in 1940's
Purchased in 1993 at 34 years old
1200 sq ft
3 bed 2 bath
formal living
den
converted garage later/added huge front porch
lot size, don't remember
double income at that time was about $75k
located south of Houston, Tx (Nasa/Clear Lake)

Good luck on your investments!

2006-09-29 16:21:12 · answer #4 · answered by mickeyg1958 4 · 0 0

Age 24, married 1 newborn baby. 4 bedroom, 2 baths, 2100 square feet, 2 car garage. Single income. Don't remember the amount of our income.

2006-09-29 16:30:20 · answer #5 · answered by lcmcpa 7 · 0 0

2 months after my 23rd b-day. 2 Br. 1 bath house very small less than 800 sq.ft. paid 22,000 house needed work but though it would be good investment. My payment is $256.00 a month which is a lot cheaper than apt. I was also single mother with single income. Bought it in 2003 house was build in 1955 in southeast TN.

2006-09-29 16:09:03 · answer #6 · answered by jennifer e 2 · 0 0

Two bedroom/ 2 bath condo in DC. 750 SQ feet, 166k in 1999 (I was 25, gf was 23). We were dual income around 100k. No yard. Best investment we could possibly have made.

2006-09-29 15:43:48 · answer #7 · answered by Akkakk the befuddled 5 · 0 0

3 bed, 2.5 baths, 1595 sq ft, lot size 6800..
bought 2002 for $315,000, probably worth $650,000 now.

my income back then was $70k year..

then bought more homes etc......

Good times and bad times - money can be made with real estate!! I laught at those bubbleheads all the way to the bank!!

2006-09-29 18:31:52 · answer #8 · answered by Anonymous · 0 0

Pretty darn nosey arn't we? Sounds like questions you should be asking a realtor?

2006-09-29 15:51:47 · answer #9 · answered by Benny D 2 · 0 0

Do you really want to know?

2006-09-29 15:50:41 · answer #10 · answered by motohype 3 · 0 0

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