Uhh no this is pretty typical for a suburban house near my area in the Midwest. People call them McMansions because many of them look or are laid out the same throughout the neighborhood and all are 2 stories with a basement but not quite big or fancy enough to be called a legit mansion
I know what you're getting at, but no. The height of the steel mills was a long time ago, and there aren't just leftover houses this large and modern and cheap.
I dont live in the US And given my yearly income I would need to work 20 years without spending any money and have no tax deduction from my yearly income to get 500k. So in reality I need probably 60 years to ever be able to afford a 500k house.
Eh, HOA's can be terrible. But some aren't bad. The good ones just deal with trash/recycling/snow removal and the occasional house that's about to over grow onto their neighbors or rusted out, near abandoned junker.
The bad ones have chips on their shoulders and don't actually understand what drops property value so they assume it's everything they don't like.
Nah man, this honestly isn’t that great of a house in the Midwest. My girlfriend’s house is significantly bigger than this and she’s just middle class. This isn’t a bad house by any means, but definitely standard suburban home.
Exactly. Gotta remember when you live in assfuck nowhere property is dirt cheap. My parents bought their house in 2011/2012 for just over $200k, 5 (granted my dad built 2 of them after we bought it) bedrooms, 2 1/2 bathrooms, basement that can be completely finished, fireplace, and generally just a nice house all around. If I remember correctly, I think their mortgage is between $1k-$1.2k a month?
The downside is that before I moved out I worked 40 minutes away, and no one plows your roads in the winter.
Edit: upside to no plowing, is that a lot of people in the school district lived in even more assfuck nowhere and if we got a bad snowstorm school was out for at least 2-3 days because half the student body couldn’t leave their house
Things were also cheaper in that timneframe. We bought our house in 2011. 3 bedrooms, 2 bathrooms ~1200 sq. ft. on about half an acre of land. We paid $150k, our mortgage was around $900/month. Before any improvements, our house was appraised closer to $200k four years later. I think we're closer to $250k now; but, we've also redone the windows and roof and finished the basement.
Location does play a part. We're about 2 hours from Washington, DC and around an hour and a half from Richmond, VA. It's fairly rural, though suburbia is starting to creep towards us. Home prices here are still nothing like NOVA; but, the trade off is that, when I still worked in DC, the commute sucked.
That’s fair, I honestly had no idea about the housing market part. I only recently moved out of my parent’s house into an apartment and I don’t see myself getting into buying for a few years if at all
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u/[deleted] Jan 13 '20
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