What is your house worth

[Anonymous]

Both 48
$6-7m
$500-$1m varies
2 in public school

[Anonymous]

Anonymous wrote:What ages are you? I'm 37, he's 41
Net worth? 8 figures
HHI? 7 figures
# of kids? 2

We bought for 4.4. Zillow says it's worth 5.9 now, but those things are never accurate.

In DC?

[Anonymous]

Anonymous wrote:50 and 40
net worth 1 million
HHI: 850 last year, around 650 this year
1 kid in private
house was purchased for 650, now appraised at 1.25. We're adding on soon (big lot, amazing location). we'll have a 3mil for around 1.8 investment when done.

Why is your NW so low?

[Anonymous]

54 & 62
$4.8M net worth, future pension worth about $1.7M
HHI $412K
$900K house
Children are early 20’s, one launched, one in college

[Anonymous]

Early 40s
$3.1 million excluding pensions, which are probably worth ($2 million in perpetuity)
HHI: ~$400K
Primary House: $1.5 million
Three children under 10. All public/private preschool

[Anonymous]

62, 58
NW outside of house: $4+m. Mostly in 401k/IRA
House $1.3 m. Paid off
HHI: $200k. Highest ever.

Planning on moving to a less expensive area and buying a house ~$750-$800k in retirement
Children’s college costs are behind us.

[Anonymous]

I don’t understand why you would give up your house and try to buy one that is much more expensive, it makes absolutely no sense to me. Stay in your current house.

[Anonymous]

Why did I read this thread. All numbers are depressing to me and I have a computer science degree not fine arts.

[Anonymous]

OP you are poor according to DCUM but even for the DC metro area you are middle class. If you need to move for school in a couple of years move then. Hold off for now. Who knows what factors will be in play then?

[Anonymous]

Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school

That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school

That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!

38M per year invested turning a 6-7% profit would get these numbers. And it’s 2.575M from investments.

Obviously sold a business or inherited.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What ages are you? I'm 37, he's 41
Net worth? 8 figures
HHI? 7 figures
# of kids? 2

We bought for 4.4. Zillow says it's worth 5.9 now, but those things are never accurate.

In DC?

No, different city.

[Anonymous]

What ages are you? 26 & 60
Net worth? $69M
HHI? $3M
# of kids? 4

[Anonymous]

Anonymous wrote:What ages are you? 26 & 60
Net worth? $69M
HHI? $3M
# of kids? 4

$69M hehe good one

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are mid 40s
Net worth in the upper 30s
HHI $2.7M (all but $125k) is investment income
House $7.5M (bought for $3M 10 years ago, put in $2M)
3 kids in public school

That’s hard to believe. Two people HHI is $125k and over a quarter million dollars a year from investments?!!

38M per year invested turning a 6-7% profit would get these numbers. And it’s 2.575M from investments.

Obviously sold a business or inherited.

Based on the NW : HHI ratios, I would bet the majority of responders have inherited