how much is your house worth


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hi, im a bit bored and today i was thinking about how much my house i live in is worth, im 15 lol so i live with my parents and annoyin sis :angry: but i think it is about ?200,000. it was ?35,000 when we first moved in but since we have done lots to it, including a huge extension doubling the size, conservatory and done out every room in the house. there are 12 rooms inc the lof:laugh:h: lol not including hall way and stairs lol:yes:s: , the only problem is the area i liv:pinch:h:

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11 years ago the 5 bedroom, 3 car garage, 3 baths house was around $190,000.. After building a pool, patio, BBQ area, and fire pit. the house is probabley worth $700,000.. almost 2 years ago, our next door neighbor (same floor plan as my house, except i have a hell lot more sq. foot in the back yard) sold his house for $650,000

unless i land a $90,000+ salary a year after college, i don't see myself living in california :wacko:

My house has 5 bedrooms, 4 1/2 baths and 5 car garage with around 15,000 SF not counting garage. Its on about 2 and a half a acres of waterfront land right on the gulf of mexico or should I say Clearwater Beach. I really haven't checked prices lately but I bought the place about 8 years ago for about 1.4 million so the way the market here is going these days I would guess I could sell it for about 5-10 million.

But I'm never going to sell it because I've looked so long to find exactly what I wanted and the layout and design is so hard to find in this size house and its very very hard to find enough waterfront land to build a new place on so I had to find the house on the land instead.

11 years ago the 5 bedroom, 3 car garage, 3 baths house was around $190,000.. After building a pool, patio, BBQ area, and fire pit. the house is probabley worth $700,000.. almost 2 years ago, our next door neighbor (same floor plan as my house, except i have a hell lot more sq. foot in the back yard) sold his house for $650,000

unless i land a $90,000+ salary a year after  college, i don't see myself living in california :wacko:

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Installing a pool drops the value of a house, it doesn't increase it.

Well around here anyway. It's rather hard to sell a house with a pool. Real Estate agents usually ask if you're will to fill it in before listing it. Most home purchasers don't want to be bothered maintaining their own pool. Plus after a few years they tend to need major reconstuctive work. That could be from the winter temperatures we get (but people drain the pools for the winter so maybe not).

The house that i'm in used to be an apartment (one on the top and one on the bottom), so it kind of sounds more impressive than it is. But we have five bed rooms and two bath rooms. One bath room doesn't work, though, so it's effectively one. And, um, my parents bought it for $30'000. My dad's truck cost more than that. :'D~

We have another house a few hours away that my parents got just a few years ago because we'd planned to move (permanently). That one is five bed rooms and four bath rooms and it's completely gigantic. I think it cost like $300'000. I like the house itself, but i despise the area it's in, so i guess that sucks. :shrug:

Some people have expensive houses on inexpensive lots and some people have inexpensive houses on expensive lots.

I heard once that the best real estate investiment was to purchase the humblest house in the best possible neighbourhood. I certainly did that. My lot (32' x 135') is worth far more than my house. My street is zoned as low density residential so renovations (in sq ft) are limited to 45% of the lot (or 1944 square feet). You can apply for an extension but it needs to go before the community council. Still, it allows for a lot of green space, gardens, trees and other essentials.

Installing a pool drops the value of a house, it doesn't increase it.

Well around here anyway.? It's rather hard to sell a house with a pool.? Real Estate agents usually ask if you're will to fill it in before listing it.? Most home purchasers don't want to be bothered maintaining their own pool.? Plus after a few years they tend to need major reconstuctive work.? That could be from the winter temperatures we get (but people drain the pools for the winter so maybe not).

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depends on the area i guess.

weather is not problem here, its southern california.. if there is any reconstruction to be done, it'll either be after a huge earthquake or the cement thing looses color you have to drain and acid wash or "repave" it.

other than that my house has the biggest lot in the entire neighborhood. so there is still a huge amount of land to work on.. i'll draw up some stuff for the plans we have for the house..

i have a pic somwhere i'll post it when i find it..

EDIT:

http://www.venezian.net/house/pool.JPG <-- i don't think this'll drop the v:pue :p

post-19461-1107202756.jpg

Edited by Vice King

wtf people... what kind of work do you people do? I live in hobunk Felton Delaware and just bought a house for $176,000... 1600sq ft, no pool, no deck, but sitting on alittle more than a half acre nowhere near any noisey streets or highways, on a dead end street so we have no thru traffic. The last item mentioned is great because I have two children.

I'm the system administrator for a national publication with an office in Newark, DE. My salary is good, but not great. I can say this... my dad's been working for the state for 25 years and I make more than him.

Anyway, I could afford to mortgage a $250,000 home but that's it... :blink:

edit.. nvm

i guess its where you live and the standard of living.. here in cali my family is living "comfortabley" but if we were to move to nebraska or massachusetts with the money THEY have we'd be filthy rich.

edit:

the money my parents have, they never give me ****, so i'm poor as hell, i only look rich.

I have a feeling the only reason you're seeing these "amazing" houses on here are because they are the types of people that like to show off what they have. People with more modest houses tend to not want to boast about them, especially if the previous comment was "My little house with 35 bedrooms and 89 bathrooms on a lot half the size of Rhode Island goes for...."

This actually reminds me of a thread a while ago about posting your cars. Some kid posts his father's M5 with the price and all the customizations and gets kind of upset that no one posts any comments on how great his father's car is.

I have a feeling the only reason you're seeing these "amazing" houses on here are because they are the types of people that like to show off what they have.? People with more modest houses tend to not want to boast about them, especially if the previous comment was "My little house with 35 bedrooms and 89 bathrooms on a lot half the size of Rhode Island goes for...."

This actually reminds me of a thread a while ago about posting your cars.? Some kid posts his father's M5 with the price and all the customizations and gets kind of upset that no one posts any comments on how great his father's car is.

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4 shure

highly succesful ppl usually dont boast

what is more important is assets compared to liabilities.

in other word do you own it or the bank?

I was thinking the same thing... and that's just sad. These are the same people that inherit great wads of cash and never know what it's like to actually work for something. THAT'S what's sad.

Everything I have I work for... and I work hard. I hold a full time job, and work almost 40 hours per week extra with my own hosting/consulting business. My wife's just gone back to college, and my stepdaughters father doesn't pay child support... be we live EXTREMELY comfortably in a modest home with our normal cars :yes:

I wouldn't have anything different.

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