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View Poll Results: Has Your Home's Value Rebounded?
YES - doing a happy dance!! 51 42.15%
NO - not happy about it!! 44 36.36%
Never really depreciated since 2005 23 19.01%
Don't own a home 3 2.48%
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Old 06-16-2013, 05:25 AM   #81
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How do I know until I sell it??
Bruce
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Old 06-16-2013, 06:59 AM   #82
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For many comps make it pretty easy to check current value.
Price per square ft also helps.
You can also punch the address in Zillow,

Real Estate, Homes for Sale and Apartments in the United States | Zillow

or Trulia - Real Estate, Homes for Sale, Apartments for Rent, Local data

or Find Real Estate, Homes for Sale & Houses for Rent - realtor.comŽ

plus a few others.
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Old 06-16-2013, 07:49 AM   #83
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I meant have you counted your bedrooms lately?
Oh crap! You're right. I just recounted and my house shrunk!
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Old 06-17-2013, 05:50 PM   #84
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Bought in 2009 for $492k, it continued down (falling knife, anyone?) to about $460 in 2010. It's now probably $540k.

At the peak of the market here in North San Diego County there was one sale - exact comp - for $710k. That person is going to be waiting a long time to be right side up.
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Old 06-23-2013, 08:42 AM   #85
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The house next door just sold! It was on the market for $950K. First non-foreclosure sale in our neighborhood in 4 years AFAIK, so we'll finally have a sort-of comp. Well, the offer was accepted, I guess we have to wait and see if it makes it through the financing part. Maybe he bought it for cash. Huge house, single, younger-than-me guy with a brand new motorcycle, new Audi. Ex-cop, so I'm suspecting either a significant inheritance or major underworld connections.

I guess I'll have to wait a few months until it goes through and gets updated on the county Tax Assessment website to find out how much he actually paid. My favorite nosy neighbor internet resource.
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Old 06-23-2013, 10:07 AM   #86
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Bought in '87 for 125 ,20k in improvements. (tract home, built in '42 before the war broke out)

2007 market value 400-420K (totally crazy), market value today, about 270K.

The low was around 2010 , maybe 210K.

Very few nearby for sale. Most of the sales in the last few years were forclosures or short sales.

Rental value today, about 1500 mo.
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Old 06-23-2013, 05:06 PM   #87
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Bought in '87 for 125 ,20k in improvements. (tract home, built in '42 before the war broke out)
That must have been a real trick!

Ha
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Old 06-23-2013, 06:02 PM   #88
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That must have been a real trick!

Ha
Er, uh, make that under construction in '41, finished in'42. Small houses, 800 Sq. ft. Two neighbors were original owners back when we bought in '87. The tract was about midway between two defense plants. The US gov. bought the land, graded the lots, installed watermains, curbs and streets ,then sold the lots to a home builder. Someone was sure war was about to break out.

They said the places were $2800 new. Seems kind of low even 70 years back.
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Old 06-23-2013, 06:42 PM   #89
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They said the places were $2800 new. Seems kind of low even 70 years back.
Depends on the location.
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Old 06-27-2013, 02:44 PM   #90
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Depends on the location.
Yup. My Dad paid $4000 in 1937 for the family home that I sold for $550,000 in 2009.

(And 1937 was before the war!)
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