The idea that 40 years and this house cost than 10x more?

I know there’s a lot of other factors. I’m just… Sigh.

  • Garbanzo@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    7 months ago

    Was there even a house there in 1986? The price difference would make a lot of sense if you’re comparing an empty lot to a fully improved one that used to be in the middle of nowhere and is now surrounded by a fully developed neighborhood.

    • FireTower@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      7 months ago

      Exactly this. You can still find lots that cheap still in parts of the US and plop a 800k house on top of them. Then boom $800k estate.

    • athairmor@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      7 months ago

      Yeah, without context OP’s example is meaningless. I could grab property records from Detroit that show the exact opposite of what is implied here.

      • deur@feddit.nl
        link
        fedilink
        English
        arrow-up
        0
        ·
        7 months ago

        Dude, you’re projecting. OP is asking a question, not making a point.

      • yogi_pogi@lemmy.worldOP
        link
        fedilink
        English
        arrow-up
        0
        ·
        7 months ago

        That’s a really good question! Is there a way to look that up?

        I was looking at houses in my neighborhood on Zillow and the house was gorgeous, but I rolled my eyes when I saw the old rates.

        • jonman364@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          0
          ·
          7 months ago

          On Zillow it usually says when the house was built. Are the other replies in jest? In 2024, to go somewhere physically, to look this up?

        • Corkyskog@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          0
          ·
          7 months ago

          Depends on the effort your willing to go to… if you walk down to town hall with at least $10 in your wallet, your likely to walk away with record duplicates to answer the question definitively…

        • Dkarma@lemmy.world
          link
          fedilink
          English
          arrow-up
          0
          ·
          7 months ago

          Go to the register of deeds and look for some kind of mortgage around 1986 for an amount other than the lot.