15 March 2006

Inflation



We just found out that this house we built in Boise for less than $140,000 in 2002 and sold in 2004 (I can't remember how much we got for it- the goals were to not lose money and to sell it quickly, and we didn't and it did) is back up for sale for $214,000.

I hope they get every penny. It's a great house.

1 comment:

  1. That same house would sell for $400,000 here. Our little house is worth over $200,000. I bought it for $30,000. We just sold the lot next door that we bought for $4000 in 1992, for $65,000.

    Wow, huh? I'm investing in more property.

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