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Old 02-25-2021, 11:08 AM   #617
crash n' burn
Zilvia Junkie
 
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Join Date: Sep 2012
Location: Colorado
Age: 35
Posts: 543
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Originally Posted by crash n' burn View Post

I lucked out on our house. Closed @ $265K, Market Value of of $315K in 15mo of ownership . House needs a new paint scheme and bathroom updates but should be able to eek out $350K without much effort.

Man, did I end up underestimating this. Wife and I woke up one morning about a month ago and said lets build a new house. Called up my friend to list it, another to toss on a fresh coat of paint inside and it went live a week later. $375K cash, 20 over asking, under contract in 11hrs with a 2 week close.

Shit is absolutely ridiculous right now. I don't know how much more this market is going to peak because we're hitting an affordability cap on new homes for like 75% of the people living here so we cashed in now. I think at the date of listing, there were 278? homes for sale in a county with almost 800k people living in it.

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