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Bought for $350k as an SM, now $600k. Enjoy being debt free and keeping my kids humble.
Bought for $900k, now worth circa $3.5m.
Mostly, bought in the right place at the right time. Also known as complete luck.
1M bought for 830k
1.8M, bought 10 years ago for 750k.
Decided I wanted something nice and don’t have kids. My partner has done quite well and until this last year was the breadwinner.
First condo was 850k as a Manager that we sold for 910k 6 years later. Then, bought 2.2M condo the year I was up for Partner and put another 350k in for renovations. Probably worth around 2.6M and we love it. No regrets - work hard and travel a lot so want to enjoy my home.
$1.5M bought for $840k.
$2M, bought 2 years ago for $1.9M
As a Canadian, current home bought for $1.8m 4 years ago as Director, now worth $2.3M. Had a nice townhouse before, $390k, sold for $800k after 8 years.
Bought for $650k in 2015 and worth $1.4 now
Bought a condo as a M for $760k 7 years ago, now $950k. But need to upsize and looking to spend $1.7-2.0M in the next year (HCOL).
$2.2m
HCOL, paid $1.2M in 2019, probably about $1.8M now
2.2 bought at 1.1
Ok. I may be acting stupid. Thanks for all the replies
Buy as little as you need. Reiterate "need." You'll probably have fewer parties and less family at your house than you think you will, you'll probably want to travel more, your kids will love you because of who you are to them and not where you live. I'm in a 5,500 sq. ft. house that I love but don't need. I'd sell it in a heartbeat if I could find something smaller in a good neighborhood for less. I'm older than you, but you'll be an empty nester, too, before you know it!
$900k, bought for $400k about 8 yrs ago. Will be paying off mortgage in <3 years.
I guess the real inflation was more than advertised……
Lots of inflated home values. Doubt you’ll get as much as you think in this market
Depends where you live
Bought 675k, now 775k
Enthusiast
Bought for $775k in 2020, now worth $1.2M
$1.4M but was 302K when purchased and put a $350K extension on