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Real Estate
Reply to "For Owners of Homes Over 7,000 SF – Share Your Experience!"
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[quote=Anonymous]Our house is 7200 square feet in Bethesda. Bought in 2017 for $1.6 million and now worth somewhere between 2.5-3 million. No mortgage. It has 6 bedrooms but one is used as an office and one as a guest room (which is used every month). We have 5 people in our house. We have a large gym, a tool room, a movie / game room in the attic, and another office. The hallways are wide, the rooms are very large and spacious. We originally thought it was too big but we use every bit of the space. It was amazing during Covid with remote school and work. Did we need that much space? Of course not. But we couldn’t get anything close to that for the price we paid in 2017. We lowballed the asking price and it was accepted because the house sat on the market for so long due to being overpriced in the beginning. It has been the best investment we made given its increase in value. [/quote]
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