🏡 Better Homes OFFICIAL real estate bs discussion
- Thread starter OffshoreDrilling
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That’s just Illinois in a nutshell. Zero fucking sense when it comes to taxes. One house 15k a year, few miles over cut it in half.
I swear they used a fun wheel to pick what you pay.
I really don’t think so. Our property values are pretty low vs Canada and Europe. Interest rates are low, lending requirements are more strict, the people who don’t have money are the ones choosing to not work and sit on unemployment. Rents are going up super fast right now too. It’s not that houses are overpriced, everything is going to the moon.
I could see this being the point that property ownership starts for upper income people only.
My house went up $100k since may when I bought, if I believed what those estimates said. I don’t.
three houses for sale in my neighborhood right now, one sold in a couple days, one is for sale by owner and the last one has been on the market for maybe two months now. Kind of a mixed bag.
I understand that but when I’m watching the cookie cutter houses identical to mine going for 225-250, it starts to make it seem like that’s the case. This area was also at 102% list price for months on end. Finally back down to 99-100.
dude, lake county (#1 midwest iirc) avon township (#2 of 16) and my house being fawked/anomolously high (tried fighting twice, little success) -
iirc bought in 2005 242,500. 8,500 taxes
zillow estimate max like 265k. taxes got up to 11,800
house has some weird features - bro and i as 2 guys dgaf. example, master bath tiny, no way to remodel and "fix" it, etc.
listing eventually down to 219 in 2020, sold for 210k. hired someone to fight taxes, forgot what he got them down to. 10? high 9s?
in any case, i got fucked on equity/non-appreciation as well as ridiculous amounts of taxes, didn't send my cats to school, etc. my mistake i guess for choosing to live there/home schooling the cats instead of sending them off for a public education and at least getting some value out of that money.
The Saint John house we just sold last month was zestimated at $582k when we listed it and we ended up selling at $577k so pretty close. We bought it for $429k 4 years ago so not a bad deal
Fun fact. Using
Yaj Yak logic I actually calculated how much money I've "wasted" from interest alone. If I were to sell at 250, I would just break even on JUST house (P&I) payments. Not including upgrades or other shit. 
"hOuSeS ArE tO MaKe mOnEy"
Yaj Yak logic I actually calculated how much money I've "wasted" from interest alone. If I were to sell at 250, I would just break even on JUST house (P&I) payments. Not including upgrades or other shit. "hOuSeS ArE tO MaKe mOnEy"
Fun fact. Using
"hOuSeS ArE tO MaKe mOnEy"
houses generally match inflation. else you need some kind of real investment/growth/luck etc. in an area. it's an investment if it's cash flow positive, eg. you own real estate you are renting out. else the "house is the biggest investment you'll ever make" kind of thing is just real estate industry marketing.
One of my favorite house just hit the market.
We drove past this house while it was under contraction many times.
While not the most ideal location, it's pretty fricking nice.
www.zillow.com
We drove past this house while it was under contraction many times.
While not the most ideal location, it's pretty fricking nice.
222 W Van Buren Ave, Naperville, IL 60540 | Zillow
222 W Van Buren Ave, Naperville IL, is a Single Family home that contains 15451 sq ft and was built in 2019.It contains 5 bedrooms and 9 bathrooms.This home last sold for $8,076,000 in November 2023. The Zestimate for this Single Family is $8,476,600, which has increased by $104,765 in the...
wife heard it's a couple with no kids that lives there currently, not sure if that's the weathertech folks or not. Wife works for a billionaire in Naperville and her bosses (CFO) wife does high end real estate in the area.
I told her to pitch this house to the billionaire and suggest that we (her and I and the kids) maintain the house while they're gone.
I suspect it will be even higher than that. The house was just built so it’s getting it’s assessed value over time.
That house should be built on like 2-4 acres, not downtown Naperville. Fucking gross
One of my favorite house just hit the market.
We drove past this house while it was under contraction many times.
While not the most ideal location, it's pretty fricking nice.
222 W Van Buren Ave, Naperville, IL 60540 | Zillow
222 W Van Buren Ave, Naperville IL, is a Single Family home that contains 15451 sq ft and was built in 2019.It contains 5 bedrooms and 9 bathrooms.This home last sold for $8,076,000 in November 2023. The Zestimate for this Single Family is $8,476,600, which has increased by $104,765 in the...
JFC, just looked this up on google maps. Looks like it's built in the middle of a shopping mall, can't imagine how loud it is.
Also..why not also buy the lot next door and spread things out a little bit? House barely fits inside its property lines.
People are weird
It's a block north and west of the edge of Downtown Naperville.
They did buy the neighboring lots and spread it out, IIRC this house sits where 4/6 houses used to sit.
Naperville IL Real Estate - Naperville IL Homes For Sale | Zillow
Zillow has 0 homes for sale in Naperville IL. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.
We went to go see this one two weekends ago: https://www.zillow.com/homes/215-Inverway-Palatine,-IL-60067_rb/3262012_zpid/
Sadly needs more work than we can tackle but it is such a sweet place. If it didn't need a new roof and siding we probably would have put in an offer on it and float both mortgages for a bit while we fixed that one up before moving in. Needing new cedar shake roof and siding immediately to prevent further damage would have stretched our liquidity too far.
Sadly needs more work than we can tackle but it is such a sweet place. If it didn't need a new roof and siding we probably would have put in an offer on it and float both mortgages for a bit while we fixed that one up before moving in. Needing new cedar shake roof and siding immediately to prevent further damage would have stretched our liquidity too far.
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