# Survey:  Housing Prices

**URL:** <https://boards.straightdope.com/t/survey-housing-prices/387007>\
**Category:** In My Humble Opinion\
**Created:** [January 7, 2007, 1:50am UTC](https://boards.straightdope.com/t/survey-housing-prices/387007 "2007-01-07T01:50:16Z")\
**Posts on this page:** 7\
**Page:** 3

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**Author:** ![Fiveyearlurker](https://avatars.discourse-cdn.com/v4/letter/f/da6949/32.png) [@Fiveyearlurker](https://boards.straightdope.com/u/Fiveyearlurker)\
**Post date:** [January 8, 2007, 2:40am UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/41 "2007-01-08T02:40:31Z")

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San Francisco house. 4 br/2.5 bath. About 3000 sf. Probably a bit below 1.2 M.

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**Author:** ![Meurglys](https://avatars.discourse-cdn.com/v4/letter/m/258eb7/32.png) [@Meurglys](https://boards.straightdope.com/u/Meurglys)\
**Post date:** [January 8, 2007, 1:06pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/42 "2007-01-08T13:06:17Z")

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The cheapest 3 bed flat or house in the Post Code area we live in is a fixed price of £235k or approx $450k. The cheapest flat (with 3 bedrooms, compared to our 2) in a tenement build like ours is listed just below at offers over £280k ($530k) and is likely to fetch at least 15 - 20% over the asking price… It’ll have on-street parking (permit required) and a shared garden to the rear…  
[Edinburgh property sales list](http://www.espc.com/EspcPublic/UniversalPages/DetailedSearchResults.aspx)

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**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\
**Post date:** [January 8, 2007, 8:20pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/43 "2007-01-08T20:20:26Z")

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1. My house is 2300 sq ft, 5 bedrooms, 2.5 baths, and I estimate it would go for $800K (Bay Area).

2. The [Realtor.com](http://Realtor.com) link doesn’t work on preview - just as well since it has my address on it. 3 or 4 bedroom houses near me, about 1700 square feet, seem to have gone for $800 K or so, so I might be underestimating mine, especially when we get around to staging it. We paid $350 K 10 years ago.

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**Author:** ![Wallenstein](https://avatars.discourse-cdn.com/v4/letter/w/b5a626/32.png) [@Wallenstein](https://boards.straightdope.com/u/Wallenstein)\
**Post date:** [January 8, 2007, 9:22pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/44 "2007-01-08T21:22:41Z")

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An [average 4-bed family home](http://www.rightmove.co.uk/viewdetails-13539050.rsp?pa_n=1&tr_t=buy) in my parent’s village - about 60 miles north of London - is £700k (about $1.4m).

Mrs Logic and I are buying our first house at the moment - a small 2-bed semi in the midlands similar to [this one](http://www.rightmove.co.uk/viewdetails-6029250.rsp?pa_n=1&tr_t=buy) for £175 ($350k). We’re still in our 20s, and we’ve had to borrow nearly 5 x salary mortgage to get on the property ladder, but it’s the only way we could afford to buy a place of our own.

For London prices you’d need to add 70% minimum.

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**Author:** ![Sattua](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sattua/32/11906_2.png) [@Sattua](https://boards.straightdope.com/u/Sattua)\
**Post date:** [January 8, 2007, 9:41pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/45 "2007-01-08T21:41:17Z")

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I rent a 3-bedroom, 1-bath house of about 1500 square feet near Purdue University, for $900 a month. The lot is pretty small–I can definitely see into the neighbor’s windows.

Other 3-bed, 1-bath houses in my area are selling for as little as $72K, though most are in the low $100Ks.

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**Author:** ![Risha](https://avatars.discourse-cdn.com/v4/letter/r/5fc32e/32.png) [@Risha](https://boards.straightdope.com/u/Risha)\
**Post date:** [January 8, 2007, 9:55pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/46 "2007-01-08T21:55:21Z")

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1. We own a smallish three bedroom, one bath raised ranch in Northern NJ (Morris County, roughly an hour or so from New York City). Finished basement, nice suburban residential street. We’re on about a third of an acre I think, but it’s long and skinny so our neighbors are only a few feet away. We’re about half a mile off of [Lake Hopatcong](http://www.lkhopatcong.com/), so our house was built sometime in the 1970s as a summer home (and has the (lack of) insulation to prove it). Paid $260K three years ago. [Zillow.com](http://Zillow.com) is claiming $321K for me now, which seems puzzlingly high.

2. My search came back with results from $289K to $309K in my immediate neigborhood. [This](http://www.realtor.com/Prop/1070396814) was the cheapest. It must need work, as I’d expect it to be around $300K based on the description.

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**Author:** ![Cemetery\_Savior](https://avatars.discourse-cdn.com/v4/letter/c/439d5e/32.png) [@Cemetery\_Savior](https://boards.straightdope.com/u/Cemetery_Savior)\
**Post date:** [January 8, 2007, 10:23pm UTC](https://boards.straightdope.com/t/survey-housing-prices/387007/47 "2007-01-08T22:23:25Z")

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We bought a 5 br/2.5 ba back in 2003 for about $432k. Zillow claims a nice appreciation (not like last year, but nice), recommending selling at $546k.

Great schools, nice suburb, within about 20-30 minutes of Chicago. Good stores, train station, etc.

Here’s a 3b/2ba in our suburb: [Arl Hts House](http://www.realtor.com/FindHome/HomeListing.asp?snum=14&locallnk=yes&frm=byzip&mnbed=0&mnbath=0&mnprice=0&mxprice=99999999&js=off&pgnum=2&fid=so&stype=&mnsqft=&mls=xmls&areaid=60004&poe=realtor&zp=60004&sbint=&vtsort=&sorttype=&typ=1&x=86&y=11&sid=07DDF98A43F0C&snumxlid=1066932688&lnksrc=00002)

-Cem

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