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Budjeg11
LIF Adult
Member since 4/11 2644 total posts
Name:
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How much did you pay for your home?
So with all of the livable salary and spinoff posts it just got me wondering what the "average" house price is for those LIFER's who own their own home (house or apartment).
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Posted 11/15/12 5:05 PM  |
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stinger
LIF Adult
Member since 11/11 4971 total posts
Name:
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Re: How much did you pay for your home?
Even with this information, there are still variables to consider like year purchased, and downpayment.
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| Posted 11/15/12 5:11 PM |
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MrsA1012
love my little girl !
Member since 9/10 5777 total posts
Name:
Me
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How much did you pay for your home?
does this only apply to.the tri state area or.are we talkong out of state too?
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| Posted 11/15/12 5:35 PM |
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Chatham-Chick
*********************
Member since 5/05 10312 total posts
Name:
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Re: How much did you pay for your home?
Screw the cost of the house...it's the taxes that are the killer. 
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| Posted 11/15/12 6:18 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: How much did you pay for your home?
We bought 12 years ago. Our house is now almost double in value! We were lucky to buy when we did (2000). It's not our forever home, but we're staying put for now.
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| Posted 11/15/12 6:35 PM |
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rojerono
Happiest.
Member since 8/06 13803 total posts
Name:
Jeannie
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Re: How much did you pay for your home?
370ish in 2006 @ 6.25% with 100K down in Sayville. The house was on the market for $500 originally but kept coming down. It was $425 when we made our offer.. but it had been empty for a while after a series of renters so they seemed eager to sell and accepted our 2nd offer.
ETA: Our mortgage is 265 now.. but the house is worth more than that due to upgrades, etc. I don't know how much better we would have done if we'd waited, I think we got a good deal despite the market at the time.
Message edited 11/16/2012 7:23:12 AM.
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| Posted 11/15/12 7:08 PM |
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butterfly20
Party of 5 - 2015
Member since 4/06 7390 total posts
Name:
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How much did you pay for your home?
sigh.... 470 in 2006, and at the time we sold our house we bought 2 years earlier for 400 (bought around 360, but did alot of repairs).
our house just appraised for the refinance at 350
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| Posted 11/15/12 7:39 PM |
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LadyBug1209
Mommy to FOUR little men!
Member since 8/08 9655 total posts
Name:
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Re: How much did you pay for your home?
Posted by Chatham-Chick
Screw the cost of the house...it's the taxes that are the killer.
Seriously! Our taxes alone are nearly $12k/yr. 
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| Posted 11/15/12 7:50 PM |
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ElizaRags35
My 2 Girls
Member since 2/09 20494 total posts
Name:
Me
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How much did you pay for your home?
315 bought 1 year ago.
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| Posted 11/15/12 10:32 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: How much did you pay for your home?
We bought our house 15 years ago, so the price we paid has no bearing on what it's worth today. We also doubled the size of the house 4 years ago, which makes the purchase price totally unrelated to the current value.
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| Posted 11/15/12 11:05 PM |
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DumpsterBaby
My compass when I'm lost
Member since 5/11 2210 total posts
Name:
My anchor when I get tossed
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How much did you pay for your home?
We are getting a steal because we waited and didn't buy at the height of the market. 3 bedroom/2 bath ranch on half an acre in eastern Suffolk with a basement apt...under 200k with 3.5% interest.
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| Posted 11/16/12 7:17 AM |
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maybebaby
LIF Adult
Member since 11/05 6870 total posts
Name:
Maureen
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Re: How much did you pay for your home?
I live in Maryland, pretty area near Annapolis. We bought our first home 3 years ago..it's a townhome but its about 2200 sq ft which is pretty big for a townhome. We paid 300K and our taxes are $3500! We just refinanced too and locked in 3.80 so our mortgage payment is more affordable for us. We have condo fees too (150/month) but its worth it!
I doubt we could have bought a thing on long island if we lived there...i don't know how people do it
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| Posted 11/16/12 7:24 AM |
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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Re: How much did you pay for your home?
Posted by LadyBug1209
Posted by Chatham-Chick
Screw the cost of the house...it's the taxes that are the killer.
Seriously! Our taxes alone are nearly $12k/yr.
yes, us too.. and they keep going up 
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| Posted 11/16/12 8:48 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: How much did you pay for your home?
$365K 10 years ago. 10% down. Taxes 8300. Refi'd 2x. Appraised for 425K.
Our mortgage payment is comfortable for what we earn and we could still do it with one salary now but we make a whole lot more than we did when we bought it. I definitely wouldn't have said that 10 years ago when I was shitting a brick signing the closing documents.
eta: Taxes 10 years ago were 4600..yeah, taxes..
Message edited 11/16/2012 8:51:29 AM.
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| Posted 11/16/12 8:50 AM |
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KaKa2323
Got my miracle
Member since 9/11 1465 total posts
Name:
K
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How much did you pay for your home?
I'm closing soon on my first house!! We are paying 220k and the taxes are around 5k. It's a small house but its just me and DH right now and I am in love with the house and the area!!
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| Posted 11/16/12 9:10 AM |
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JennyPenny
?
Member since 1/08 12702 total posts
Name:
Jen
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How much did you pay for your home?
$355k. We bought last year. Our mortgage is pretty decent. Thank God, because any higher and we wouldn't be able to swing it.
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| Posted 11/16/12 9:18 AM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: How much did you pay for your home?
We bought at the peak in 2005 so we paid a lot. Interest rate was decent and we put nothing down. We can afford our house just fine on DH's salary but it's frustrating to see what the same house in Stony Brook is going for now, we're totally upside down in our mortgage. Hopefully the market slowly starts turning back around. I will say though, we bought a fixer upper so we did end up getting a decent deal for the area and house BUT still, we bought at the peak. 
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| Posted 11/16/12 9:21 AM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: How much did you pay for your home?
Posted by Chatham-Chick
Screw the cost of the house...it's the taxes that are the killer.
I agree
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| Posted 11/16/12 9:28 AM |
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SusiBee
. . . . .
Member since 3/09 8268 total posts
Name:
S
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How much did you pay for your home?
I bought my co-op in 1998, so that price has no bearing in todays market. Re-fied once to lower my mortgage rate and duration, at the time the appraisal was for 2.5 times the original purchase price.
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| Posted 11/16/12 9:29 AM |
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summertime
LIF Adolescent
Member since 9/10 852 total posts
Name:
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Re: How much did you pay for your home?
Posted by LadyBug1209
Posted by Chatham-Chick
Screw the cost of the house...it's the taxes that are the killer.
Seriously! Our taxes alone are nearly $12k/yr.
Yes, taxes on LI are horrible. My taxes each month are more than my mortgage. Depressing.
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| Posted 11/16/12 9:44 AM |
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ItsaJoya19
my cup runneth over
Member since 1/10 2949 total posts
Name:
E
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Re: How much did you pay for your home?
310 in 2009 at 5.25% (FHA). It was listed at 345.
Message edited 11/16/2012 9:47:16 AM.
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| Posted 11/16/12 9:46 AM |
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dajc23
My Loves :)
Member since 1/09 4980 total posts
Name:
Dana
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Re: How much did you pay for your home?
Bought Dec 2011
$300k
Taxes $6500
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| Posted 11/16/12 9:47 AM |
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CSK
LIF Adolescent
Member since 9/11 892 total posts
Name:
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How much did you pay for your home?
I know people are saying that what they paid has no relivance to what its worth today. However, thats not the point of this discussion. The point is to find out what people paid/refinanced for their house which greatly impacts what their monthly mortgage payment is.
if you paid $150K for your house whether its worth 200K now or 800K now, you should be able to afford your house making a whole lot less than the person who paid 800K for it.
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| Posted 11/16/12 10:07 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: How much did you pay for your home?
July 2010
$260k
The taxes are a little under $6k
We put 3.5% down with an FHA loan
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| Posted 11/16/12 10:08 AM |
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violet25
LIF Infant
Member since 8/12 101 total posts
Name:
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Re: How much did you pay for your home?
we recently paid in the 400-600 range and put down 20%. We also got a pretty low interest rate. Taxes though are over 15k which is ridiculous.
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| Posted 11/16/12 10:10 AM |
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