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I paid $159,900 for my house 4 years ago, had it appraised 9 months ago for $390k. Gotta love this market. My friend bought a condo in NYC 5 years ago for $160k in a shiity area of Manhattan, now the area she lives in is the hottest area in nyc, known as NoHo. Her place appraised for $1mil a few weeks ago.
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