Anonymous
Post 02/09/2014 11:24     Subject: Do you know the sale of your old house when it was first sold?

A few years ago an economist at George Mason University traced the appreciation of his Ol Town Alexandria house built in the 18th Century. The average rat of appreciation was 7%
Anonymous
Post 02/09/2014 10:27     Subject: Do you know the sale of your old house when it was first sold?

Anonymous wrote:
Anonymous wrote:Where did you get that information?


Zillow provides this info.

Our house was built and purchased in 1967 for $48K. Its now worth about $1M.


That's about $340k in today's dollars. Good for you!
Anonymous
Post 02/09/2014 10:02     Subject: Do you know the sale of your old house when it was first sold?

Anonymous wrote:
Anonymous wrote:My Glover Park rowhhouse from the early 1930s was first sold for $7,600 !

According to the CPI calculator, that would be $136,000 in 2013. http://data.bls.gov/cgi-bin/cpicalc.pl
(A GP rowhouse now sells for $750K-$900K depending on condition).


Is the house in the same condition it was in during the 1930s? No plumbing, climate control, or electrical upgrades, for example?


It has been improved throughout the years, so, no, it's not the same house. I think that GPS homes that have had little to no improvement, but that been maintained well, would sell now for about $750k or so.
Anonymous
Post 02/09/2014 09:53     Subject: Do you know the sale of your old house when it was first sold?

Anonymous wrote:My Glover Park rowhhouse from the early 1930s was first sold for $7,600 !

According to the CPI calculator, that would be $136,000 in 2013. http://data.bls.gov/cgi-bin/cpicalc.pl
(A GP rowhouse now sells for $750K-$900K depending on condition).


Is the house in the same condition it was in during the 1930s? No plumbing, climate control, or electrical upgrades, for example?
Anonymous
Post 02/09/2014 09:40     Subject: Do you know the sale of your old house when it was first sold?

Anonymous wrote:Where did you get that information?


Zillow provides this info.

Our house was built and purchased in 1967 for $48K. Its now worth about $1M.
Anonymous
Post 02/09/2014 00:50     Subject: Re:Do you know the sale of your old house when it was first sold?

OP here. Sorry, I was wrong -- the original price of a typical rowhouse built the development of the neighborhood was $9,750, or $175K in 2013 dollars.

http://gloverparkhistory.com/glover-park/residential-development-since-1926/glover-park-advertisement/
Anonymous
Post 02/09/2014 00:37     Subject: Do you know the sale of your old house when it was first sold?

Where did you get that information?
Anonymous
Post 02/09/2014 00:07     Subject: Do you know the sale of your old house when it was first sold?

^^ That was, the sale *price* of your old house, of course.
Anonymous
Post 02/09/2014 00:06     Subject: Do you know the sale of your old house when it was first sold?

My Glover Park rowhhouse from the early 1930s was first sold for $7,600 !

According to the CPI calculator, that would be $136,000 in 2013. http://data.bls.gov/cgi-bin/cpicalc.pl
(A GP rowhouse now sells for $750K-$900K depending on condition).