How much did you buy your first house for?

Question

How old were you? What year did you buy it? Which part of the country? How much is it worth now?

Answer 1

You will have to guess how old I am or decide if I'm kidding!!! Rented first house for 50p per week....saved for deposit....moved ..bought first house for £1,800.00 moved after 2 years sold for £3,675.00 bought for £4,900....sold for £40,000 after a few years bought for £38,500 made some improvements with the difference... stayed a few years...sold for £310,000 bought for £155.000 now own outright and have bucks in the bank there is nothing new about property speculation.

Answer 2

In 1961, I was 21 year old Sub Lieutenant in the Royal Navy, when I purchased a 3 bedroom Semi Detached granite-built Cottage with 1/3rd of an acre garden with sea views at a place called 'Lamorna Cove' {West Penwith, Cornwall} for the then substantial sum of "620 & a 1/2 Guineas" {£631--10 Shillings & 6 d} or in todays money :£631.52pence!
During my time in the service I rented the property out. In 1987-89 the house underwent a complete modernisation plus the building in granite of a single storey 2 bedroom self contained Annex adjoining the side of the orginal building with a Conservatory to the rear: The total cost of those improvements cost £8,200.00. An overall layout of £8,831.52p.
I have just had it placed on the Market and am asking a very reasonable
£685,000.00 for it, should you be seeking a property with possible one of the best uninterupted views of the Atlantic!

I still own the property

Answer 3

In 1967, 23 year old, we started buying a house for £4,000 on the Isle of Wight. We moved down from Surrey where they were an extortionate £5500 for a semi.
We paid £47000 for our present house in 1986, it now worth £250,000.
It is all rubbish really, you still have a building, just more folk making money out of you.

Answer 4

I was 27 years old, bought house in North Yorkshire for £13750 in 1977 now worth £400k

Answer 5

1970 I was 24 and the house cost $6,900, in the USA, today it is probably worth $70,000, however we have owned several homes since then....
The house was 110 years old when we bought it, it was a modest two story brick house and the walls were three layers of brick thick!!!! You could stand behind the curtains in the window sills....they don't build them like that anymore!

Answer 6

I was 21 yrs old I bought it in ct for 24.9 and its now worth 60,000 I have only put about 8,000 into it so far I plan on many more renovations. I got it cheap because it was abandoned for 3 years and a real mess.

Answer 7

I paid $7,500.00 in 1973 for a three story Victorian townhouse in Baltimore, Md. It was in great shape and so was I as I was only 30 years old. I sold it a year later for $17,000.00 and it is now worth $300,000.00

Answer 8

i am only 14 so i have never bought a house.. but my friend is moving so they got the people to come in and see how much her house was worth and they said its worth £265k!! and she said that her parents bought the house when she was 1 or 2 so about 12 years ago.. and they had bought it for £85k

isnt that awesome? they have made £180k wow!! and there house is a normal house.. maybe a little better than average houses.

Answer 9

Twenty -six years old, paid $21,000 for the 1500 sq feet house in NW Ohio. Todays market value is around $175,000.
Bought the 2nd house for $45,000 and the value today is well over $200,000 (located in NW suburbs of Chicago).
Paid $165,000 for present house (NW Ohio) and value today is $249,000.
Hope that helps!

Answer 10

I bought my first house with my husband in downtown St. Louis when I was 21. We got it for $93,900.....3br/1b. Lived in it for a year, then had to move across the state due to my husband's job promotion. Had to sell it in two weeks. Took a loss and sold it for $107,500. Could have sold it for at least $115,000.