"I couldn't possibly fail to disagree with you less."
11 January 2005Visions of dollar signsThe 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.) 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 2005Well 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 2005Coldwell 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.) And a little poking around Realtor.com 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. |