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Old 03-22-2008, 07:53 PM
 
Location: Lake Norman, NC
8,877 posts, read 13,911,521 times
Reputation: 35986

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Three and a half years for us. If Zillow is accurate (not that I think that's the case), we've appreciated by 28%.

I'm not too sure, but based on the literature the local realtors mail out, I'm thinking we're up about 15%. Of course, that's what I think I could get for the house if we had to go quickly.

Oh yeah, the house is about 3500 sg ft, 4 BR, 4 BA, on a whopping .27 acres.
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Old 03-22-2008, 08:22 PM
 
Location: Union County
6,151 posts, read 10,026,527 times
Reputation: 5831
Quote:
Originally Posted by NCHOMEBOY View Post
MIKEY.....RU you reading the replies? Northwest market is not indicative of the entire market. Responding to your words...I'm sorry you got burned. But not everyone has.....most have done well.
Yeah I have been... I didn't abandon my thread. heh

I think everyone posting has done well - but they lose 5-6% of that gain to a realtor! <zing>

Seriously, though, I expected to see most everyone doing well - this area is spectacular.

BlueLily7 - I think Concord isn't going to really take off anytime soon... so what a great story with the property that you'll live on. Having something like that in a great area that you can pass on to your family is something more special than dollars.
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Old 03-22-2008, 09:20 PM
 
Location: Cornelius
3,662 posts, read 9,666,259 times
Reputation: 801
Quote:
Originally Posted by carolina_guy View Post
~1880 sqft bought new Sept. 2006. I've seen a 20-25% increase since then, so only 1.5 years! I don't see it going up any more than that, at least not until Westmoreland gets built up and the new exit installed.
Edit: my math was wrong...should be about 15% or roughly $30K more than what we paid.
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