Anyone downsize from 8,000 sq ft to 3,000–5,000 sq ft? What surprised you?
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Anonymous
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When I make $120k I loved in a 2k sq ft home. And 15 years later when I made close to $400k I still liver in the same house. My house is cheap and functional, but extremely well maintained with high quality materials.
Some of you are really fancy 8k sq ft homes damn lol |
Anonymous
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My neighbors has a 7,500 sf home at and are lke in mid 80s.
Around 80 since main floor is 2,500 sf they renovated it to turn large living room area in big master bedroom suite with bathroom. They already had a large Den area. They never go upstairs as only used if grandkids come over or guests. And never use basement. It is basically a one level 2,500 sf house. The upstairs they told me will be good as plan to die there and at some point will need caretaker or kids staying over when they are near end. And they have six bedrooms upstaires for that. |
Anonymous
400K is 200K from 15 years ago. in 2010 after financial crisis 200K was a big salary. |
Anonymous
| We did this about 4 years back - 10s |
Anonymous
No - they're right. All of the Plant High School area (the nice part of Tampa) is as expensive as the nicest parts of Mclean. But it's the same in Boca, Miami, Orlando, Nashville, Charleston and Atlanta (at least for nice new builds - not cookie cutters with mid-range appliances, but houses that are typically $3-4M in Mclean aren't cheaper in those cities). |
Anonymous
Aren’t the nicest parts of Mclean zoned for Langley? All the Mclean homes listed above are zoned for Mclean HS…and one is in Arlington zoned for Yorktown. Also…if you want to compare apples-to-apples, shouldn’t the comparison be Georgetown or Kalorama or Mass Heights or Kent in DC compared to high end neighborhoods within the Tampa city limits? |
Anonymous
The most expensize zip codes are in mclean, arlington and great falls. Langley has homes that can range pretty low so its not necessarily the most expensive areas but all of mclean and north arlington are high. |
Anonymous
Ya $200K is poverty money here these days, $400K is a modest living. I pull around $5M AAV between salary, bonus, stock options, family money, passive investment and rental income and a few other miscellaneous streams so I can speak to OP. It’s hard. I’m used to living large. I remember living in a shack of a 2K sq Ft colonial fresh out of college, moved “up” to a 4K sq ft home in Potomac and then moved from modest UMC Potomac to firmly UC Potomac to a 9k sq ft mansion. Finally thinking about downsizing ourselves but thinking of what to do with all our stuff is extremely stressful. Will obviously hire help but they can only do so much for me. |
Anonymous
| I've been spending time in other cities for work and usually check out their real estate markets out of curiosity. There is no shortage of $1.5M+, even $2M+ housing in most flyover cities and middle America cities. Even places like Kansas City has its wealthy neighborhoods where houses easily sell for over $2M. The main difference from the DMV is many more affordable housing at the bottom and middle of the market. |
Anonymous
| Problem here is the original poster downsized her brain about 35 years ago. |
Anonymous
| This is the kind of out of touch rich people stuff I come to DCUM for. 8000 sq ft!!!! Holy moly |
Anonymous
I don't care about the 8000 sq ft. It's the idea that someone can't downsize because of their dining table. |
Anonymous
| I think you'll be happy once you have grandkids, that you have a place where everyone can stay and gather over the holidays! And it sounds like a big enough room that your sleep won’t be disturbed by grandkids when they’re really young |
Anonymous
| *big enough **house** |
Anonymous
8000 sq ft in this region nonetheless. Like yea I live in a small house and maybe I could afford a few thousand more sq ft if I moved to a much cheaper area. |