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Reply to "How do I calculate what a house will cost in five years? Ten years?"
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[quote=Anonymous]It's really hard to say. It depends on the neighborhood... We purchased our fixer upper rowhome in DC for around $200k back in 2010, and the fixer uppers in our neighborhood now go for as much as $500k, and renovated for $700k (and now creeping to $800k). But in MD or VA burbs, the appreciation may be less steep. If it's an area by the new Amazon campus, expect it to rise, but by how much? Who knows.. we'll be watching this as we'd planned to move to VA in a few years and hope the home prices will be affordable for us.[/quote]
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