New House

Discussion in 'Community Discussion' started by EJBasile, Nov 7, 2005.

  1. EJBasile macrumors 65816

    EJBasile

    Joined:
    Apr 20, 2004
    #1
    Me and my GF are considering buying house together. We have known each other for ever, and been really really good friends for like 6 years and have been dating. We are planning to one day get married, possibly have 1-2 kids.

    Anyways, I find my house is too big and too far away from my work (40 min), my GF's house is only a couple years old, and she is not entirely impressed with how it came out. We were hunting around for used houses and we were looking existing houses. We found this already owned house that we really like in Canton. We asked the owner of the house who the architect was and they told us and we got a tour of part of the house.

    It is around 4,000 sq feet, wood shingle siding, 3 full baths, 2 1/2 baths, 4 bedroom, office/library, living room, dining room, dual fireplace, bonus room, 3 car garage. This house had a pool and a small barn.
     

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  2. rickvanr macrumors 68040

    rickvanr

    Joined:
    Apr 10, 2002
    Location:
    Brockville
  3. Melkor macrumors 6502

    Joined:
    Oct 12, 2005
    #3
    Dude, that house is like the size of my town wtf! Seriously though, it looks sweet. Good for you and your GF is you can afford one like that.
     
  4. adroit macrumors 6502

    adroit

    Joined:
    Sep 28, 2005
    Location:
    Victoria, BC
  5. saabmp3 macrumors 6502a

    Joined:
    Jul 22, 2002
    Location:
    Tacoma, WA
    #5
    If that's in Canton MA, that sucker must be well over a half mil. Good luck!

    BEN
     
  6. katie ta achoo macrumors G3

    Joined:
    May 2, 2005
    #6
    Wow! That house is NICE!

    Isn't it a little big for two people, or are y'all planning to stay there and raise

    SORRY ABOUT THE DOUBLE, INCOMPLETE POSTS:
    allow me to finish, before my powerbook ASPLODES
    (I hate you, PowerBook)

    ...or are y'all planning to stay there and raise your (eventual) family?
     
  7. Melkor macrumors 6502

    Joined:
    Oct 12, 2005
    #7
    Half a mill in dollars wtf!! The house I'm living in is less that half the size of that and it's worth 700,000 euro. That's about a million dollars US. The property here is out of control.
     
  8. MacAztec macrumors 68040

    MacAztec

    Joined:
    Oct 28, 2001
    Location:
    San Luis Obispo, CA
    #8
    Hehe, the house my Dad built out here in California is now worth over a million, he built it in 1988. Pretty nice, about 4200 sq. feet.

    Nice house EJ, looks very clean and comfortable.
     
  9. iSaint macrumors 603

    iSaint

    Joined:
    May 26, 2004
    Location:
    South Mississippi y'all, near the water!
    #9
    That's a sweet house! I would suggest getting married before you make the purchase together. It would make things so much easier in life!
     
  10. Mr. Anderson Moderator emeritus

    Mr. Anderson

    Joined:
    Nov 1, 2001
    Location:
    VA
    #10
    That's sweet - but lets see more pics of the pool and the small barn - could you use it for something or will it always be a barn? And how much property?

    D
     
  11. alexstein macrumors 6502a

    alexstein

    Joined:
    Aug 23, 2004
    #11
    That is a really nice House. Tow thumbs up.

    I love that driveway besides all the other goodies that house has to offer.
     
  12. prostuff1 macrumors 65816

    prostuff1

    Joined:
    Jul 29, 2005
    Location:
    Don't step into the kawoosh...
    #12
    Nice house!!!

    So when do we all get to come over for the house warming party!! :p
     
  13. nospleen macrumors 68000

    nospleen

    Joined:
    Dec 8, 2002
    Location:
    Texas
    #13
    That house is well over 500K. I am a Loan Officer and you would not believe the 'crappy houses' that I see that are over 500K. I live in Texas and 500K will buy you a beautiful mansion. But, other places, 500k is a two bedroom 650 sq. foot shack.

    If you can afford that house, buy that thing! It is absolutely amazing.
     
  14. G5Unit macrumors 68020

    G5Unit

    Joined:
    Apr 3, 2005
    Location:
    I'm calling the cops
    #14
    To get a house THAT big where I live would cost well over 2 mill.
     
  15. Mr. Anderson Moderator emeritus

    Mr. Anderson

    Joined:
    Nov 1, 2001
    Location:
    VA
    #15
    Its in Connecticut, so I imagine its over 500k - however, last year my wife and I bought a 4,000+ sqft home, on a lake, with a beach for well under 500k - but we also live in Indiana :D

    Prices are quite different around the nation....

    D
     
  16. 2nyRiggz macrumors 603

    2nyRiggz

    Joined:
    Aug 20, 2005
    Location:
    Thank you Jah...I'm so Blessed
    #16
    wow, nice home....hope i can afford a home like that soon, real soon.


    Bless
     
  17. nospleen macrumors 68000

    nospleen

    Joined:
    Dec 8, 2002
    Location:
    Texas
    #17

    I just did a refi for some folks in Conn. It was about 2000 sq. ft. and was around 650K. Connecticut, NJ, Cali, and Florida usually have CRAZY appreciation. In San Antonio, we get around 1-3% if we are lucky. I had a friend near Dallas that wanted to refi, but his home was worth less than he purchased it three years ago. :eek:
     
  18. rickvanr macrumors 68040

    rickvanr

    Joined:
    Apr 10, 2002
    Location:
    Brockville
    #18
    Very true. We've been offered roughly the amount you're talking about for the house I live in now, but a friend of mine aunt and uncle have a small house in some fancy neighbourhood in Toronto that fetched well over 1 million on the market. It's all about location.
     
  19. Mr. Anderson Moderator emeritus

    Mr. Anderson

    Joined:
    Nov 1, 2001
    Location:
    VA
    #19
    But then again, it all depends where in the state you are. I'm originally from Darien, Ct. - now that's nuts. That house would go for over a million there.

    Having just moved from DC, I know about how crazy it can be. We bought a 3 bed, end unit town house (built in 1940), 1800+sqft and almost no yard in 2000. When we sold it last year it had doubled in price. Our house in Indiana cost less than half of what we sold the town house for. Totally nuts.

    D
     
  20. nospleen macrumors 68000

    nospleen

    Joined:
    Dec 8, 2002
    Location:
    Texas
    #20

    I just wish San Antonio had a market like some of these places. I guess I should just be thankful to be able to afford a nice home. But, it drives me crazy when I see people pulling out 125K equity in their homes, becuase they will see that increase in two years. When I get a little 2% property value increase. :mad: I just keep thinking of all the cool Apple stuff I could buy. :p
     
  21. Mr. Anderson Moderator emeritus

    Mr. Anderson

    Joined:
    Nov 1, 2001
    Location:
    VA
    #21

    ah, but with all those interest only loans and people getting houses that they really can't afford, when the interest rates go back up, things are going to tank a bit. There will be a lot of foreclosures and the housing market will slump. It just can't sustain itself.

    So if you're buying a house now, you might not want to get a 7 year arm, go for the 30 year mortgage and lock in a lower rate now. In a few years its not going to be so nice.

    D
     
  22. nospleen macrumors 68000

    nospleen

    Joined:
    Dec 8, 2002
    Location:
    Texas
    #22
    It seems most people now are doing the Payment Options loan. So they are going neg am. I can hardly blame them for deferring interest when their homes are appreciating at 20-25%. But, they better get while the getting is good. It seems the appreciation balloon may pop sooner than later. We have already cut back cash out in some areas to 70% to be on the safe side. Me personally, I like a bi-weekly pay it off early loan. But, to each his own.
     
  23. watcher2001 macrumors 6502a

    watcher2001

    Joined:
    Mar 9, 2005
    Location:
    38° 12'47.72" N 85° 31'54.63" W
    #23
    Does anybody else here see the irony...

    His house is too big yet the house he is looking at is around 4000 sq. OMFG how big is the house he is in now.
     
  24. Abstract macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location Location
    #24
    In Sydney, that house would cost you $3 million, I'm guessing, as long as it's not in Western Sydney or something. Honestly. I've seen some rather small homes in the paper that go for over $1m. I'm talking about 2000 sq ft in slightly-above-average neighbourhoods for over $1m. Even small, crappy homes in Sydney will fetch $500 000. There's a regular property section in the paper, and it's insane how much a property is worth if it's close to the water. Sydney isn't one of the most expensive cities in the world to live in for no reason. :(

    In Toronto (not the "burbs"), that house would go for around $1-2 million depending on how artsy, quaint, and "village-y" the neighbourhood is. Its not entirely about the proximity to water or the downtown core.
     
  25. Abstract macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location Location
    #25
    Yeah, I did, but I didn't want to say anything. ;)

    The house still needs to be large enough to fit his Range Rover.
     

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