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Real Estate
Reply to "Remember how people used to have a bachelor pad, then an apartment together, then a starter home...."
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[quote=Anonymous][quote=Anonymous]I has a two bedroom condo in Logan Circle for 15 years before we bought out house. I bought it for 300K. It was basically paid off when we decided to sell and move to the suburbs when our oldest started K. I was a single guy when I bought the unit, right out of law school. My wife moved in seven years ago when we got engaged. We had two kids in that unit. It was cramped, for sure, but we made it work. We sold it for 750K last spring. That's how we were able to afford to live in North Arlington while being dual feds. [/quote] $300k for a 2 bedroom in Logan Circle 15 years ago was probably on the higher side at the time. It's great for you that it appreciated so well over that time. We bought our first house on Capitol Hill in late 1999 for under $400k, and the recent sales on our street for comparable houses, (actually fewer bathrooms and without parking like we have) for $1.2M, so slightly more appreciation than Logan.[/quote]
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