619
The market is unpredictable
(lemmy.world)
General rules:
Exceptions may be made at the discretion of the mods.
Why did your house sell for 215?
Because that's what houses in that area were going for on the high end. Cost of living where I am now is redonk
Idk, $350k for a 3 bed isn't all that high. In my area, houses (and I use that term loosely) start at $400k or so, and a 3-bed would probably be $500k, and I'm not in some posh area either. I'd have to move quite far away to see anything under $400k that was anywhere near worth moving into.
That said, we bought our house for $250k, and it has more than doubled. It's a 4 bed, 3 bath (2 3/4 baths) with a garage and a decent lot (1/4 acre), so I'm guessing where you lived wasn't so different from where we bought 10-ish years ago. Houses have just gotten a lot more expensive, and if I moved next door, I'd have to offer at least $600k just to be taken seriously. If I looked anywhere remotely urban, I'd have to double it and drop the lot size.
So $350k is honestly pretty decent price for much of the country, assuming you're within commute distance of an urban area. And that's still nuts to me, because I thought $250k for our house was a little high at the time...