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Apartments of your type in your area go for $180,000 -220,000. I can
post the appraisers valuation from the NYC dept of Taxation if you like. We own a 3 bedroom apartment in Kew Gardens. Current selling prices are over 300K and 2 were just sold. You can get apartments for around 200K, but not in our building so close to Forest Park. Saying you can get a real estate in a given area for a median price shows total ignorance about the market. The average cost of a home in PA where my father lives is almost half the value of his specific property. We own the apartment outright as well as a 3 bedroom home in Brooklyn that I inherited. Currently we live rent free in my wife's apartment, which she bought 9 years ago. We're also about to own our 35s5 outright and we own our 37K new Subaru SUV, WRX outright. As soon as Suzanne has two years in at her critical care unit, we'll be buying a 3rd home, probably in Mahopac. Not too shabby for someone working from home and just 42 years old. If this sort of stuff matters to you I have younger friends who are truly wealthy, but they work harder than I do. And yes..we have a nice boat and an even nicer one planned after we move! Cheers! RB |
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