Central Pennsylvania Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
2 houses
In my neighborhood just went up for sale and one is $30,000 and one is $20,000 less than what we spent on ours in Summer 2008. Should this worry me?
?The only thing I can justify here is that the insides of those houses don't look as updated as ours and we have a pool and slightly more land.?
Also, with our recent updates I would have hoped that our house is now worth $10,000 more than what we bought it for initially. ?
?Stupid market. ?
Re: 2 houses
I hope to be in it for a while. 7 more years at least (or until future family out grows it). I'm just afraid to dump more money into it if I won't see the ROI. ?We still wanted to do more remodeling.?
Your smart to think about the ROI before remodeling. You could always ask a realtor to walk through your house before doing more and get their opinion on what your best options are.
There are more things I want to do to our house too and I worry that we might over-improve for the neighborhood/market although we just found that a house behind us that is smaller and without a garage was re-appraised for 15K more than their purchase price.
I just did this to my house and there is no way, especially not in this economy, that my house is worth what it estimates. It is $100k MORE than what we paid for it 1 year ago, and we have only really repainted and remodeled the kitchen (which this website doesn't know).
If you want to feel better, a house two doors down from us is asking 90,000 less than what we paid for ours in 2007.
(Except my face is certainly not smiling!) I just try to laugh it off at this point because there is absolutely nothing we can do about it. Yes, I don't think this house is in as good condition as our house, but even our house at the time was a "low" price for the neighborhood given its pristine condition, so I can't imagine what others are losing regardless of what work they put into it.
Zillow has always been pretty accurate, at least for real estate around here. Our big problem is that we would like to have moved in the next year, maybe two, but that probably wont' happen unless we're willing take a huge hit. It makes me sick!