Reply to How much did you pay for your house, year built, year purchsed, zip code/school, worth today?

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[quote=Anonymous][quote=Anonymous]$1.1 million
2009
ASFS/Swanson/W-L
recent realtor comps $1.45 million.  Zillow has it at $1.54 million.
we did nothing to it.  [/quote]

$350-400k appreciation (with no home improvements put in) in only 4 short years.  Is this the time to cash in/sell?  I read through the string and this seems to be more appreciation than a lot of homes saw in 10-20 years.  I only question because homes are getting bigger and bigger (as their knocked down and replaced) and the above 1.75mill. market is much slower to move--while the 1mill-1.7. market is going in a matter of days or before market.  If the upper market homes (which also tend to be 5-6 bedrooms) start slashing==my reasoning is this could directly effect the prices in the hot range.  Right now there is zero inventory and we get personal letters frequently asking us to sell.

We've been contemplating it.  We do love our location and schools--but the idea of cashing in and moving to a lower cost area (DH and I) can both work anywhere is tempting. Our rental house in NW has only appreciated $70k in 10 years.

Thoughts?  I think of so many people that 'missed the boat'...held onto something and then value crashed.[/quote]

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