Isn't the Missouri side considered the "nicer" side of Kansas City? I admit, I'm sometimes confused where I am and if I've crossed the state line or not as we travel around there.
Dawn ,'Beneath You'
Natter 34: Freak With No Name
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
You'd be really alarmed to see what "luxury condo" means around here.And then you've got condo fees on top of the mortgage. In (very) general terms, I don't think it is as good of an investment to mortgage to buy a condo to live in, as it is to mortgage to buy a single family home in which to live.
I don't think it is as good of an investment to mortgage to buy a condo to live in, as it is to mortgage to buy a single family home in which to live.
But, like, to buy a freestanding house I'd have to be shopping in Belchertown or Lakeville or New Hampshire. A condo is what you shop for when a house is really out of your price range.
Johnson County, KS is considered the "nicest part" with pockets of the Missouri side on the same level. Wyandott County, KS isn't considered one of the "nicer" parts. Anything in Kansas City, Missouri proper is depressed because of all the school district problems. Then there's North of the River which is like a totally different city.
In our development (20 miles away from DC), they're building condos that now start somewhere in the $200Ks.
Last summer, we checked out the single families in the development. They were starting at about $650K then.
I'm never going to own a house, am I?
Oh absolutely, Nutty. I didn't mean to say otherwise. I was going straight back to Gus's assertion last night. He was saying it was financially smarter to rent and save, and buy outright (I think) than to mortgage. I dispute that where a house is concerned. I'm less sure that I would dispute it, where a condo is concerned--that is to say, if you did end up making out on the condo in the long run, I think it would still be less than you could make out on a single family home.
Condos are, I think, generally a little more sensitive to the market than houses are. I don't think investment is the reason to buy a home (house or condo) that you're going to occupy, either. It might be one of the reasons, depending on how you rank the intangibles.
I'm never going to own a house, am I?
Hey, if it's any consolation, our plan is to buy a building that can be converted to a theater and build an apartment somewhere in the building. I don't think we'll ever own a house-house either.
You could probably own one in Eastern Washington now. The question is, will you own a house in a place you'd actaully want to live?
They were starting at about $650K then.
It would be hard to find a house for sale at that price in my zip code. There are some houses that cost that much or more, but very few. Probably all of them are the gated golf community or on large acreages.