02/15/2024
Two years ago I sold a home purchased in 2019 for 280 for 420. Awesome except when I bought back into the market. Ended up in the smallest home in my community, paying much more than all my neighbors did back 5 years ago when they bought. But thats the thing, they bought before the market took off. Nothing I can do about it if I wanted to live in that specific neighborhood which I did. Now, two years later, housing prices have climbed significantly again and sitting pretty. Dont sweat it. Make it the home you want. Unless youre a flipper, youre going to be in your home two years and by that time your property value will have increased and youll have more equity. Youre good. Edit: smaller homes tend to appreciate more than larger homes in the same area