Nothing to do with woodworking! - Router Forums
 
LinkBack Thread Tools Display Modes
post #1 of 6 (permalink) Old 05-26-2009, 08:39 AM Thread Starter
RouterForums.com User
 
harrysin's Avatar
 
Join Date: Jan 2007
Country: Australia
First Name: Harry
Posts: 14,812
     
Send a message via Skype™ to harrysin
Default Nothing to do with woodworking!

In December 1967 we bought a new house at a cost of $12,700. During the 35 years that we were there we did major improvements like bringing the front out 11feet, adding a family room at the rear, two or three new kitchens, a new bathroom, ducted air conditioning, under floor heating, a bore with full reticulation, a new roof and Aluminium extruded gutters, a 30' x 12' free standing room at the back, converting the carport into a two car garage plus many things that I've forgotten. We sold it 6.5 years ago for $165,00 which was the highest price that a house had sold for in that immediate area.
What the heck am I going on about you are probably thinking, well, my wife was looking on the internet at properties around where we now live and stumbled on an identical house to the one just described, it was exactly as original in every respect, the advertisement even boasted that it had the original kitchen! The gardens looked unkempt and there were no additions of any kind. The only reason for posting this preamble is because the asking price is, wait for it................................................ .................................................. .......

$535,000.........that's right, $535,000...........things sure have changed.

Harry



Nothing but heaven itself is better than a friend who is really a friend. - Plautus






harrysin is offline  
Sponsored Links
Advertisement
 
post #2 of 6 (permalink) Old 05-26-2009, 08:44 AM
Moderation Team
 
BrianS's Avatar
 
Join Date: Nov 2004
Country: Canada
First Name: Brian
Posts: 2,413
 
Send a message via Skype™ to BrianS
Default

Harry, you obviously must have strayed from the original concept by a large amount to only get such a paltry amount for such a vauable piece of property. Next time SWMBO wants extensive renovations, just remind her of how much the previous reno actually cost you.

Brian


Sometimes I wonder whether the world is being run by smart people who are putting us on
or by imbeciles who really mean it.

(Origin uncertain)
BrianS is offline  
post #3 of 6 (permalink) Old 05-26-2009, 08:56 AM
Forum Contributor
 
Join Date: Jan 2006
Country: United States
First Name: Bj
Posts: 23,786
       
Default

Hi Harry

It's nuts

In 1965 I got my 1 st. house for 5,000.oo ,50.oo down to take over the loan with a payment of 109.oo per..with a take home pay of 78.oo a week, I check on the old house this year and it sold for 310.000.oo,, IT'S NUTS..
The wood and bricks it is made out of turned to gold ..

======


Quote:
Originally Posted by harrysin View Post
In December 1967 we bought a new house at a cost of $12,700. During the 35 years that we were there we did major improvements like bringing the front out 11feet, adding a family room at the rear, two or three new kitchens, a new bathroom, ducted air conditioning, under floor heating, a bore with full reticulation, a new roof and Aluminium extruded gutters, a 30' x 12' free standing room at the back, converting the carport into a two car garage plus many things that I've forgotten. We sold it 6.5 years ago for $165,00 which was the highest price that a house had sold for in that immediate area.
What the heck am I going on about you are probably thinking, well, my wife was looking on the internet at properties around where we now live and stumbled on an identical house to the one just described, it was exactly as original in every respect, the advertisement even boasted that it had the original kitchen! The gardens looked unkempt and there were no additions of any kind. The only reason for posting this preamble is because the asking price is, wait for it................................................ .................................................. .......

$535,000.........that's right, $535,000...........things sure have changed.



"It's fine to disagree with other members as long as you respect their opinions"

Marc Sommerfeld Tools ,Videos
http://www.youtube.com/channel/UCT-n...RWaEpMA/videos

Find all threads started by bobj3
http://www.routerforums.com/search.php?searchid=944097


bobj3 is offline  
Sponsored Links
Advertisement
 
post #4 of 6 (permalink) Old 05-26-2009, 09:06 AM Thread Starter
RouterForums.com User
 
harrysin's Avatar
 
Join Date: Jan 2007
Country: Australia
First Name: Harry
Posts: 14,812
     
Send a message via Skype™ to harrysin
Default

We were very happy with what we got, it certainly didn't cost $152,000 in renovations and had we been renting for 35 years, just imagine what that would have cost! But yes, the world has gone crazy, in 1967 the average technician's wage was no more than $60.00 per week, in 2002 when we sold it was about $600.00 which probably means in real terms that houses are now CHEAPER, or is there something wrong with my maths?

Harry



Nothing but heaven itself is better than a friend who is really a friend. - Plautus






harrysin is offline  
post #5 of 6 (permalink) Old 05-26-2009, 09:11 AM
Registered User
 
istracpsboss's Avatar
 
Join Date: Sep 2008
Country: Croatia
First Name: Peter
Posts: 1,683
 
Default

I'm in the business and even I get caught out sometimes by prices. Building land around here quadrupled in 18mths and caught me on the hop as I was taking my time looking for the right plot.
OTOH, I bought an apartment in Kensington for 20K and 22yrs later sold it for 500K. I could have had the one behind it at the time for 17K, which I could have afforded, but couldn't be bothered. Oh well! Whatever we do in life changes everything that comes after. If I'd done that, I'd probably not have wound up here and that would have been a shame.
istracpsboss is offline  
post #6 of 6 (permalink) Old 05-27-2009, 09:08 AM Thread Starter
RouterForums.com User
 
harrysin's Avatar
 
Join Date: Jan 2007
Country: Australia
First Name: Harry
Posts: 14,812
     
Send a message via Skype™ to harrysin
Default

"and that would have been a shame."

It certainly would Peter.

Harry



Nothing but heaven itself is better than a friend who is really a friend. - Plautus






harrysin is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Router Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
New to woodworking jamesjohnson30 New Member Introductions 7 12-20-2010 12:45 PM
Woodworking Specialist Needed Charles M Lobby 6 10-18-2007 02:35 PM
New woodworking show on PBS! Toolfreak Tools and Woodworking 3 03-14-2007 05:57 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome