Quote:
Originally Posted by Katsunami
I know; still, a house like the one you posted could easily cost $350.000 here, in one of the larger Dutch cities.
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Quote:
Originally Posted by Hitch
LOL...
I was about to post, I paid slightly more than that for a small house exactly that size (what are called "patio homes" in Scottsdale, AZ) in 1987. We, too, had ours paid off when we sold it some 18 years later. I think it looks darling, and if you two can manage it, I wouldn't pass that up. Housing in NOLA and in Detroit is incredibly cheap right now, and I don't see how you could go wrong with a sweetie like that one. Of course, I haven't seen the inspection reports, or anything along those lines..but if it has no secret problems...I'd snap that up. The house I'm living in now is not even in the same universe, pricing-wise, (of course, it's twice the size plus some) with that house, and I long mightily for "the good ol' days" of small mortgage payments like that!
Best of luck to you!
@Katsunami:
Most US housing really isn't anywhere near that price. That's an astounding deal. But we do have some areas in the country that are even more depressed, house-pricing-wise, than others, and NOLA happens to be one of them. (I have many friends, clients, and some contractors who live there, so have some knowledge thereof.)
Hitch
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That is right and it depends on where you are in New Orleans, too. The FQ, the Garden District, the better parts of the Marigny, etc. are much higher. For example, my cousin is trying to sell my aunt's condo in the French Quarter, which is just over 800 sq ft but a 2-2. It appraised for 320k. She is asking 310k now, I think. Too rich for my librarian blood.
http://www.latter-blum.com/property/...a-70112_387806