We bought for $47,900 in ‘94 and pay it off next March…
We were getting offers on the mail in the $350K range 3 or 4 years ago, now they are down around $260K, but about 1 a month instead of 4 or 5 a week.
Not everyone buys a fixer upper. Most buy ready to move in homes. 47.9K in 1994 needed massive overhaul. Probably gutted.