Just down the street from me a smaller house on a smaller lot sold within a week of listing. Asking price was $565K.
I bought my place in 2002 for $265K.
We bought ours in 2004 for $189k it was just appraised for $320k. We’ve put about $60k into it tho’
Across the street local policeman bought an old house and renovated it, removed the garage out back and built a colonial on a tiny lot in it’s place. sold the new colonial for $750 GRAND and the old house for $550.
I wish i had the capitol, credit and connections to pull of that kind of deal.
We bought ours in 2004 for $189k it was just appraised for $320k. We’ve put about $60k into it tho’