How Much Did Your First House Cost?

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  • Ross
    Ik ben een aap
    • Sep 2002
    • 18874

    #1

    How Much Did Your First House Cost?

    I'm looking around, thinking of buying my first house, in Scotland prices are pretty high. Since I'll be living on my own, and paying it on my own then it seems more expensive than some of my friends who share with there girlfriends or whatever. My girlfriend won't be moving in with me, not yet anyway.

    Anyway, some I like the look of are ranging between $250K - $330K.
    Being 3 bedrooms to 4 bedrooms with garage and conservatory.

    How much did you guys pay for your first house?
  • Harmon
    ( ͡ʘ╭͜ʖ╮͡ʘ)
    • Mar 2004
    • 20016

    #2
    $363,000 5 years ago
    [email protected]

    Comment

    • sickbeatz
      The Hustler
      • Feb 2005
      • 4993

      #3
      I live in apartments and with friends or family. Rent and free-loading

      GalleryFeeder.com

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      • Roald
        SecretFriends.com
        • May 2001
        • 27910

        #4
        nothign yet, renting appartments for 4 years now. Planning on buying in about 3 to 4 years from now.


        WE ARE BUYING PAY SITES! CONTACT ME



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        • European Lee
          Confirmed User
          • Dec 2002
          • 7133

          #5
          If you are paying anything over 200k in Scotland for a 2-3 bedroom house you are being ripped off.

          I can get a 4 bedroom in Windsor for 200k with a double garage and about an acre of property.

          Regards,

          Lee
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          • Roald
            SecretFriends.com
            • May 2001
            • 27910

            #6
            I hate to see housing prices in other countries. The appartment I am currently living in is valued $228.000 allready. 2 bedrooms. I would never buy this, a nice/good house in over here would start at about $300k and then you won;t even have a fancy/big house. Just a normal nice one.


            WE ARE BUYING PAY SITES! CONTACT ME



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            • tical
              Confirmed User
              • Feb 2002
              • 6504

              #7
              I love my first house, got it when I was 22... has appreciated about 35%

              thank you porn!
              112.020.756

              Comment

              • the Shemp
                congrats to the winners
                • Nov 2001
                • 10891

                #8
                15,900 (1972)
                i use Vacares...so should you
                Submit your picture galleries to my site...Outlaw TGP

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                • adonthenet
                  Too lazy to set a custom title
                  • Feb 2005
                  • 16753

                  #9
                  220,000$ 4 years ago.

                  Comment

                  • broke
                    Confirmed User
                    • Aug 2003
                    • 4501

                    #10
                    142,500

                    Perfect Gonzo

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                    • Kristian
                      Confirmed User
                      • Aug 2003
                      • 3733

                      #11
                      Nothing. I inherited.

                      Comment

                      • Kristian
                        Confirmed User
                        • Aug 2003
                        • 3733

                        #12
                        Originally posted by the Shemp
                        15,900 (1972)
                        Yes but in the states $16k gets you a 20 bedroom mansion with 5000 acres of woodland.

                        Comment

                        • Harmon
                          ( ͡ʘ╭͜ʖ╮͡ʘ)
                          • Mar 2004
                          • 20016

                          #13
                          Originally posted by the Shemp
                          15,900 (1972)
                          Daaaaaaaaamn Shemp! Still live in the same place? I bet it's worth a few bucks more than that today
                          [email protected]

                          Comment

                          • Harmon
                            ( ͡ʘ╭͜ʖ╮͡ʘ)
                            • Mar 2004
                            • 20016

                            #14
                            Originally posted by Kristian
                            Yes but in the states $16k gets you a 20 bedroom mansion with 5000 acres of woodland.
                            Smoke another one
                            [email protected]

                            Comment

                            • the Shemp
                              congrats to the winners
                              • Nov 2001
                              • 10891

                              #15
                              Originally posted by Harmon
                              Daaaaaaaaamn Shemp! Still live in the same place? I bet it's worth a few bucks more than that today
                              no, it was a really small house..sold it in 1975 for 33,900...ive got a little bit bigger place now..
                              i use Vacares...so should you
                              Submit your picture galleries to my site...Outlaw TGP

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                              • the Shemp
                                congrats to the winners
                                • Nov 2001
                                • 10891

                                #16
                                Originally posted by Kristian
                                Yes but in the states $16k gets you a 20 bedroom mansion with 5000 acres of woodland.
                                did you know that people in the states water their lawns with Perrier?
                                i use Vacares...so should you
                                Submit your picture galleries to my site...Outlaw TGP

                                Comment

                                • Kristian
                                  Confirmed User
                                  • Aug 2003
                                  • 3733

                                  #17
                                  Originally posted by Harmon
                                  Smoke another one
                                  I don't smoke but I was exagerating for comic effect.

                                  My point is $$$ goes a long way in the U.S, whereas property here in the UK is priced exceedingly high. I feel sorry for first-time buyers, like the originator of this thread.

                                  Comment

                                  • Kristian
                                    Confirmed User
                                    • Aug 2003
                                    • 3733

                                    #18
                                    Originally posted by the Shemp
                                    did you know that people in the states water their lawns with Perrier?

                                    They want their lawns to get cancer?

                                    Comment

                                    • Harmon
                                      ( ͡ʘ╭͜ʖ╮͡ʘ)
                                      • Mar 2004
                                      • 20016

                                      #19
                                      Originally posted by Kristian
                                      I don't smoke but I was exagerating for comic effect.

                                      My point is $$$ goes a long way in the U.S, whereas property here in the UK is priced exceedingly high. I feel sorry for first-time buyers, like the originator of this thread.
                                      Ahhh, sorry about that... didn't pick up on the sarchasm...

                                      What does the average house in the UK cost for say 3/4 bedrooms and 2/4 bathrooms? I know location is an important factor, but just and avg....
                                      [email protected]

                                      Comment

                                      • Kristian
                                        Confirmed User
                                        • Aug 2003
                                        • 3733

                                        #20
                                        Originally posted by Harmon
                                        Ahhh, sorry about that... didn't pick up on the sarchasm...

                                        What does the average house in the UK cost for say 3/4 bedrooms and 2/4 bathrooms? I know location is an important factor, but just and avg....
                                        It's ok dude.

                                        I'd say around $300K to $400K. A 4th bedroom really jacks up the price. In Shropshire where I live a 2 bedroom apartment will cost you about $600K to $1.2 million. A townhouse, nothing less than $2million and a decent house outside of town, anywhere from $800K to about $4million.

                                        And London is twice as bad if not worse.

                                        We also get hardly any land with out properties. I was looking at houses to buy for summer vacation in Maine around the $300K mark. Holy Cow! 5 and 6 bedrooms, a few acres of land, swimming pool, near a lake. If not for the laws we'd be out there!

                                        Comment

                                        • Rebel D
                                          Registered User
                                          • Jan 2004
                                          • 3913

                                          #21
                                          Mine was 120k Nice house just in the middle of no where. Man i misss that house

                                          Comment

                                          • SinisterStudios
                                            Confirmed User
                                            • Nov 2003
                                            • 3087

                                            #22
                                            I paid $159,000 for my house 5 years ago and now its worth $400,000. Im so glad i bought before housing prices went nuts
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                                            • Tat2Jr
                                              Confirmed User
                                              • Feb 2001
                                              • 4882

                                              #23
                                              I payed $305k four years ago for my first home.
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                                              • Herb Kornfield
                                                Is on the 1
                                                • Sep 2002
                                                • 4996

                                                #24
                                                1st house in 1998 - $70k for a townhouse on the river in Philadelphia....Sold 1 year later for the same I bought it for thanks to a new prison being built.

                                                2nd house in 2001 - $97k in Plymouth Meeting Pa and now homes in my development sell at close to 300k thanks to the real estate explosion here. Its totally insane what people pay for a house compared to what you did 4 years ago.

                                                My Advice to you looking to buy a house: Get a decent fixxer upper in a decent area on the cheap. You'll always want to change things no matter how new a house is when you 1st get it. Its much better to save some coin for the remodeling you'll be doing in no time.

                                                Comment

                                                • hova
                                                  Traffillionaire
                                                  • Jan 2002
                                                  • 22430

                                                  #25
                                                  200k in dollars, sold it for 285k 18 months later
                                                  http://traffillions.com/

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                                                  • Ross
                                                    Ik ben een aap
                                                    • Sep 2002
                                                    • 18874

                                                    #26
                                                    Some nice stories in here, seems a lot of you have made some cool cash on buying properties.

                                                    The houses I am looking at now are Fixed Price. Basically its the bottom price you would pay, since its a brand new built house. Once I buy, I can sell it on for a profit immediately. The housing market is insane over here.

                                                    It would be weird going from not having many bills each month to suddenly paying around $2.5K per month for a mortgage and all the things that come with owning a house

                                                    But I suppose its well worth it!

                                                    Comment

                                                    • Sosa
                                                      In Tushy Land
                                                      • Oct 2002
                                                      • 40149

                                                      #27
                                                      I'm in the same boat as you Ross. Looking at purchasing my first home, and I will prolly be spending 150-200k for a 3-4 bedroom place. I'm picky when it comes to these things so I have been looking for over a year now.

                                                      Comment

                                                      • sweetcuties
                                                        Confirmed User
                                                        • Feb 2002
                                                        • 5859

                                                        #28
                                                        130k first

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                                                        • MikeVega
                                                          **Porntrepreneur**
                                                          • Jul 2004
                                                          • 12788

                                                          #29
                                                          almost 4 years ago i bought my house 3 bed rooms 2 baths .. in ground pool on 1/2 acre for $170,000 (the family was divorcing ) great deal for me ...over the past 4 years i put about 60k into it in updates .... it is valued at about $460,000 ... I really like the house and have no plans on moving anytime soon ..


                                                          Mike Vega-ICQ:253868499-AIM:mikeydicevega

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                                                          • Harmon
                                                            ( ͡ʘ╭͜ʖ╮͡ʘ)
                                                            • Mar 2004
                                                            • 20016

                                                            #30
                                                            Originally posted by Sosa
                                                            I'm in the same boat as you Ross. Looking at purchasing my first home, and I will prolly be spending 150-200k for a 3-4 bedroom place. I'm picky when it comes to these things so I have been looking for over a year now.
                                                            Being picky when buying a home is the "way to be".

                                                            A lot of people rush into things that they probably should not. The house I am closing on Tuesday with, took me 5 months of going back and forth before I decided to take the plunge. I suppose on one hand you could say I was somewhat lucky no one else picked it up in the meantime, but then again I am one of those types of people that would say, "Well, if it wasn't meant to be, then it wasn't meant to be" had someone else bought it
                                                            [email protected]

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                                                            • Peaches
                                                              Old broad
                                                              • Oct 2002
                                                              • 13933

                                                              #31
                                                              Well, I bought my FIRST house 23 years ago. It was $70K. Houses there now go for $250K+. Interest rate was around 16%.

                                                              Comment

                                                              • blazin
                                                                Confirmed User
                                                                • Aug 2002
                                                                • 2781

                                                                #32
                                                                £78k (about $140k) about 4 years ago for a 3 bed semi with double garage. Its worth about £135k now ($245k)
                                                                I don't endorse a god damn thing......

                                                                Comment

                                                                • Ross
                                                                  Ik ben een aap
                                                                  • Sep 2002
                                                                  • 18874

                                                                  #33
                                                                  Originally posted by Harmon
                                                                  I am one of those types of people that would say, "Well, if it wasn't meant to be, then it wasn't meant to be" had someone else bought it
                                                                  I'm like that also. I believe that shit, whats for me won't go by me

                                                                  Comment

                                                                  • iamkathi
                                                                    Confirmed User
                                                                    • Mar 2004
                                                                    • 409

                                                                    #34
                                                                    My first house was owner financed and ZERO interest for $25,000.00 4 bedrooms 3 baths and an acre of land. His wife had died and he just wanted out. When I left Mississippi I sold it for 'slightly' more than I paid for it!


                                                                    And now, the car I drive cost more than my first house

                                                                    Comment

                                                                    • FilthyRob
                                                                      Confirmed User
                                                                      • Feb 2004
                                                                      • 6741

                                                                      #35
                                                                      My first one is coming soon. I am thinking around 500k though
                                                                      AKA - Clubsexy

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                                                                      • maja
                                                                        Confirmed User
                                                                        • Feb 2003
                                                                        • 868

                                                                        #36
                                                                        damn, i can't believe how much they are in some parts of EU.
                                                                        First condo= $53k
                                                                        First house= $80k

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                                                                        • seven
                                                                          Confirmed User
                                                                          • Apr 2002
                                                                          • 2697

                                                                          #37
                                                                          Originally posted by the Shemp
                                                                          15,900 (1972)
                                                                          the year I was only being born
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                                                                          • scoreman
                                                                            Confirmed User
                                                                            • Nov 2001
                                                                            • 1491

                                                                            #38
                                                                            59k
                                                                            one block from the intercoastal. 3/2 1100 sf. a complete wreck. It was a HUD home and the previous owner used the house as a kennel shortly before he was evicted. After 2000+ man hours and about 15k in Home Depot purchases we sold it one year later for 89k. We would have gotten more but I was in a bind and was moving to Miami and needed the home sold in one week.

                                                                            I have the fondest memories of that house....

                                                                            Comment

                                                                            • Rochard
                                                                              Jägermeister Test Pilot
                                                                              • Dec 2001
                                                                              • 75770

                                                                              #39
                                                                              For my first house I was qualified for my loan at $900k. I ended up buying a five bedroom custom build house with a pool in Glendale, Arizona, for $220k. Two years later we refinanced for $350k.
                                                                              Herschel Savage
                                                                              Brooklyn, NY

                                                                              Comment

                                                                              • scoreman
                                                                                Confirmed User
                                                                                • Nov 2001
                                                                                • 1491

                                                                                #40
                                                                                Originally posted by Kristian
                                                                                I don't smoke but I was exagerating for comic effect.

                                                                                My point is $$$ goes a long way in the U.S, whereas property here in the UK is priced exceedingly high. I feel sorry for first-time buyers, like the originator of this thread.
                                                                                I don't know what part of the USA your talking about, but in Miami one bedroom condos are sold left and right for $300k +++. the 300k is really entry level and it gets you shitty view, shitty floor.

                                                                                The median home price in Miami is currently $336,000 right now. In Broward county (Ft Lauderdale area for those not familiar with South Florida) its even higher at $343,900.

                                                                                There was an article in the newpaper here just this week where a Merrill Lynch study concluded Miami has the highest disparity between housing price increases in the past decade versus income growth. The Affordabilty gap has gotten so wide down here in South Florida that Merrill Lynch concluded Miami housing was the biggest bubble in the nation.

                                                                                Comment

                                                                                • Peaches
                                                                                  Old broad
                                                                                  • Oct 2002
                                                                                  • 13933

                                                                                  #41
                                                                                  Originally posted by RocHard
                                                                                  For my first house I was qualified for my loan at $900k. I ended up buying a five bedroom custom build house with a pool in Glendale, Arizona, for $220k. Two years later we refinanced for $350k.
                                                                                  Yeah, it's amazing what the banks are willing to loan you. I just laughed when they told me what I was "qualified" for. I made sure the RE agent never knew and got exactly what I wanted for a price I can still cover the mortgage on if I ever need to waitress at the Waffle House

                                                                                  Comment

                                                                                  • Kristian
                                                                                    Confirmed User
                                                                                    • Aug 2003
                                                                                    • 3733

                                                                                    #42
                                                                                    Originally posted by scoreman
                                                                                    I don't know what part of the USA your talking about, but in Miami one bedroom condos are sold left and right for $300k +++. the 300k is really entry level and it gets you shitty view, shitty floor.

                                                                                    The median home price in Miami is currently $336,000 right now. In Broward county (Ft Lauderdale area for those not familiar with South Florida) its even higher at $343,900.

                                                                                    There was an article in the newpaper here just this week where a Merrill Lynch study concluded Miami has the highest disparity between housing price increases in the past decade versus income growth. The Affordabilty gap has gotten so wide down here in South Florida that Merrill Lynch concluded Miami housing was the biggest bubble in the nation.


                                                                                    The fact that you think $350K is a lot for an apartment in Miami just proves my point. And I did mention - in another post - where I was considering buying myself: maine. It's really no biggy, i dont want a huge debate. It's simply common knowledge to any Brit that property prices (on average) in the U.S are pretty cheap (relative to our own).
                                                                                    Last edited by Kristian; 06-24-2005, 07:14 AM.

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                                                                                    • Ardy
                                                                                      Registered User
                                                                                      • Aug 2002
                                                                                      • 12

                                                                                      #43
                                                                                      3 bedroom semi-detatched in East Midlands, UK. Bought for 73k Sterling ($139k) in 2000, sold for 165k Sterling ($314k) in 2004. Now have five bedroom detached also in East Midlands, bought for 300k Sterling ($570k) in 2004, worth same today.

                                                                                      And I only moved cos I couldn't get broadband at the old place. Half a million dollars for ADSL. Jeez.

                                                                                      Comment

                                                                                      • a1ka1ine
                                                                                        Confirmed User
                                                                                        • Apr 2002
                                                                                        • 3387

                                                                                        #44
                                                                                        mine is still being built, ive got a corner top floor unit, 1 bed, 1 underground parking space, 550sq foot, about $310k in USD.

                                                                                        property is pretty expensive in the UK, especially in city centres which this one is.

                                                                                        edit: its in manchester city centre
                                                                                        Last edited by a1ka1ine; 06-24-2005, 07:31 AM.

                                                                                        Comment

                                                                                        • scoreman
                                                                                          Confirmed User
                                                                                          • Nov 2001
                                                                                          • 1491

                                                                                          #45
                                                                                          Originally posted by Kristian


                                                                                          The fact that you think $350K is a lot for an apartment in Miami just proves my point. And I did mention - in another post - where I was considering buying myself: maine. It's really no biggy, i dont want a huge debate. It's simply common knowledge to any Brit that property prices (on average) in the U.S are pretty cheap (relative to our own).

                                                                                          Kristian,
                                                                                          I am aware of the unreal prices on real estate in the UK. When I was last in London a few years ago, I stopped into a realtor in Wimbleton and took a look at the prices. Needless to say I will not be buying any homes in Wimbleton anytime soon lol.

                                                                                          I still do think $350k is alot for a 500 sf apt on the first floor facing the parking lot and dumpsters. Since 2001 Miami median housing prices have jumped 87%. Salaries meanwhile have not jumped 87% so alot of people in Miami are forced into renting. This is the problem I was really getting at, I certainly wasnt implying that the USA is unique in absurd housing costs.

                                                                                          Comment

                                                                                          • Kristian
                                                                                            Confirmed User
                                                                                            • Aug 2003
                                                                                            • 3733

                                                                                            #46
                                                                                            Originally posted by scoreman
                                                                                            Kristian,
                                                                                            I am aware of the unreal prices on real estate in the UK. When I was last in London a few years ago, I stopped into a realtor in Wimbleton and took a look at the prices. Needless to say I will not be buying any homes in Wimbleton anytime soon lol.

                                                                                            I still do think $350k is alot for a 500 sf apt on the first floor facing the parking lot and dumpsters. Since 2001 Miami median housing prices have jumped 87%. Salaries meanwhile have not jumped 87% so alot of people in Miami are forced into renting. This is the problem I was really getting at, I certainly wasnt implying that the USA is unique in absurd housing costs.
                                                                                            I agree dude, it's cool.

                                                                                            Comment

                                                                                            • Evil Doer
                                                                                              Confirmed User
                                                                                              • Dec 2004
                                                                                              • 915

                                                                                              #47
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                                                                                              • MassiveDollars - DonPaul

                                                                                                #48
                                                                                                Almost 300k USD 2 years ago

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                                                                                                • EroticySteve
                                                                                                  Confirmed User
                                                                                                  • Mar 2005
                                                                                                  • 4365

                                                                                                  #49
                                                                                                  Can't get anything decent in this part of Florida for under $350k. Prices in many areas are up 70% in the past 12 months.
                                                                                                  You deserve to make more money. I'll help you do that.
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                                                                                                  • betsy
                                                                                                    Confirmed User
                                                                                                    • Mar 2005
                                                                                                    • 625

                                                                                                    #50
                                                                                                    $334,000 for a 2br 1 bath condo in Brooklyn, 4 years ago.

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