Do you have an expensive house,and how much is it worth?
- Anonymous5 months agoFavourite answer
We have a lovely family house....we live overlooking the beach and the view is incredible.The view of the ocean alone makes it a very expensive house.A rough guess I would expect the value of the house to be $2000,000.
- Anonymous5 months ago
In 1979 we rented a cottage and had first dibs when the landlord wanted to sell. It was a small cottage that was built in 1927, on a hill across the street from a body of water with an unobstructed spectacular view. We paid $39,000.00 for the cottage in 1983, it was small, 668 square feet.
In 1986, we remodeled and added onto the cottage, making a 1800 square foot home.
We hired a contractor to frame and complete the house, from the outside. Then we hired an electrician, plumber and sheet rocker. We completed every surface ourselves, spending probably around $100K.
Today the house is worth $325,000.00, no doubt. So, over the course of time, we have created a $186,000.00 profit if sold in today's market. It is hard to believe that a cottage in the 1980''s was purchased for what many cars cost today! And, cars eventually die and you have nothing to show for it! Go figure!
- oil field trashLv 75 months ago
Expensive is a relative term. My house is appraised at a little under $200,000. If it were in California instead of Texas it would probably be worth $2,000,000. Remember the old real estate adage about what is important, location, location, location.
- FubarLv 55 months ago
Our house looks expensive an feels expensive and little snippets of information i hear from dad draws me to the conclusion it is expensive
- What do you think of the answers? You can sign in to give your opinion on the answer.
- Lord BaconLv 75 months ago
My house would now be moderately expensive for the area I live in. Houses around here are selling for between £650,000 and £1,000,000 though my neighbour's house is on the market for £1.3million. My house is not in that league but it it suits me. It's value is meaningless because I am happy living here.