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My home was closed in March of 2013. The next door neighbor closed on her home 3 weeks ago. Our homes were essentially
identical with mine having a breakfast room addition that they did not and we had a finished basement. They had a homemade finished basement our was professionally done. Both served the same purpose but ours was more "finished" looking with chair rails, wainscoting and high hats, theirs was ceiling fixtures and plater board, both carpeted. There was $168K difference. Both updated kitchen and baths within 2 years of each other. Hot market.
My home was closed in March of 2013. The next door neighbor closed on her home 3 weeks ago. Our homes were essentially
identical with mine having a breakfast room addition that they did not and we had a finished basement. They had a homemade finished basement our was professionally done. Both served the same purpose but ours was more "finished" looking with chair rails, wainscoting and high hats, theirs was ceiling fixtures and plater board, both carpeted. There was $168K difference. Both updated kitchen and baths within 2 years of each other. Hot market.
I’m assuming in Nassau? I haven’t seen this kind of price increase in mid-Suffolk.
I’m assuming in Nassau? I haven’t seen this kind of price increase in mid-Suffolk.
Definitely Nassau, as they pour in from Queens and Brooklyn in search of cheaper homes. A month of rent in the city could easily cover a mortgage payment here.
My house in NC appreciated at least $40K since last year.
I’m assuming in Nassau? I haven’t seen this kind of price increase in mid-Suffolk.
Yes. To be fair, I probably could have gotten a little more (5K - 8K) but we already had closed on our home here and a little more would have meant more $$ to the broker and more $$ lost in not living here and paying for it.
We had two interested and went with the first one that came back. Our house was move in ready and immaculate. The broker said on the walk through they could not believe how clean the whole house was.
Folks with young kids moving from the city to the suburbs is not a new trend. Just as retirees leaving for cheaper and warmer areas is not a new trend either.
Wonderful news, since after years of complaining here on CD, I'm finally going to sell my lovely place on Long Island. Just a few more months of Wrong Island's bagels, pizza bad roads and beautiful beaches.
For the $9.5k/year we're paying in school taxes alone, sorry I don't want my kids' classrooms being inundated with 10-15 more students this year. They start with like 22 and end up with 25 as it is. You ever see the chaos at 25 already?
I'm all for modernization and development (I want to see progress for my tax dollars too), but I'd easily rather more retail, services, and parks than housing. Keeping our home prices up is a bonus.
It's the not in my backyard mentality that makes Long Island a joke. Don't expect your home prices to stay up and your taxes to go down without new multi family developments brining in more tax money.
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