The Finch Formerly Known As Gold

11 January 2005

Visions of dollar signs

The place three doors down closed for a startling $101,000.

I have never before lived on a block where a house actually sold for six figures. Geez, what must my humble little doll house be worth?

(No, I'm not moving. Don't even think that.)

Posted at 1:08 PM to Surlywood

You mean there are places where a dwelling can be bought for under $100,000!? I mean, in the United States?

Holy cow!

Posted by: Jay at 3:05 PM on 11 January 2005

Well Charles, dream about how much it might be worth in another 20 years.

Jay must not be from Oklahoma!

Posted by: Babs at 3:13 PM on 11 January 2005

Coldwell Banker does an annual comparison of metro areas based on the selling price of a 2200-square-foot house (much larger than anything on my block) with four bedrooms, 2½ baths, and a two-car garage. The national average for such a spread was $354,372; you could buy one here for $182,158.

(Table here.)

Posted by: CGHill at 3:31 PM on 11 January 2005

And a little poking around turned up a figure for the average home price (over six months) in this ZIP code, an area developed generally between the late 1940s and the early 1960s.

This comes to $94,112.

Posted by: CGHill at 3:40 PM on 11 January 2005