My parents paid $8600 bucks for our little house and quarter acre back in 1960 and raised 6 kids in it.I recall mom and dad buying a 4 bedroom 1500 sq ft tract hose in 1972 for $17,500. They sold in 1977 for $42,000 and bought a bigger 1900 sqft 2 story for $51,500. Crazy…
We got our slice of heaven here in VT for $205,700 in 2012. It's worth $ 425,000 now. 11 acres with a 2800 sft log cabin. Double garages and a full apartment over head.We bought out first house outside St. Thomas, Ontario, in 1973 for $22,500. It was a solid double brick 100 year old two story of about 1500 sq. ft. We sold it in 2004 for $178,000. It just sold again this year for around $650,000.
We bought a half-acre lot and built our new 1500 sq. ft. rancher, with 4 car attached garage at the end of 2003 for $250,000. It is worth around $850,000 now.