Average Home Prices?

[ChiChiIsMe]

My house - St. Louis, MO - 1750 square feet

Would that be somewhere around Lemay Ferry Rd??

[Lemay427]

Would that be somewhere around Lemay Ferry Rd??

No I am out in St. Charles County. My last name is LeMay

[ks8829]

Would that be somewhere around Lemay Ferry Rd??

Handsome house.

[ChiChiIsMe]

No I am out in St. Charles County. My last name is LeMay

gotcha.....it's was just a wild (and incorrect) guess!

[Lemay427]

Handsome house.

Thanks. St. Louis is a bargain in my opinion. My friend lives in San Jose and pays what I pay per month for a ROOM in a 5 bedroom home!!!

But in St. Louis we dont have the ocean, nice weather, or fine golf courses

[joshtpa]

But you have Joe Buck...just kidding.

[Jeepthrills]

I live in the suburbs about 30 minutes North of Detroit. I live in Waterford. We have a 3 BR/2.5 Bath with an attached 2 car garage and a full basement. We are about 1500 sq. ft. + the basement that I finished myself. It's a nice neighborhood and I bought the house as a new construction in 2000 for $165,500. Since then I have added a deck, custom built shed, ceramic tile in the kitchen, 2 bathrooms and entryway. I have also done Pergo in the living room and as I mentioned finished the basement. It appraised about 4 years ago at $220,000. However, due to the terrible market people are letting them go in my neighborhood for less than I paid 8 years ago.

The amazing thing here is how big a difference a ZIP Code can make. If my house was in West Bloomfield (7 miles away) it would sell for twice what I paid. In Pontiac (4 miles) it would have been about $120,000. Taking that further, my parents live in Royal Oak (30 minutes). Their neighbor sold a house that was 1100 sq ft on a smaller lot with a detached garage for $175,000. If you put my house in Birmingham (borders Royal Oak) it would be well over $500,000.

[iacas]

The house I have would sell for $2M in some markets, yet we paid $192k, then added a pool room. Almost 2500 square feet right now, with a full (unfinished) basement. Probably could sell for $220k in a heartbeat, or $240k if we were patient. Not that we want to sell, that is.