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Let's play - what would you pay ??

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Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Let's play - what would you pay ??


Thanks!

Message edited 1/1/2009 11:38:52 AM.

Posted 12/29/08 2:18 PM
 
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Jenn627
Laaaaaaaambert!

Member since 5/08

9818 total posts

Name:
Jenn

Re: Let's play - what would you pay ??

Going by what we paid for our cape in Mass Pk, no updates (bought in May) - I'd pay $435K for yours.

Disclaimer - I have little to no knowledge of the real estate market. Chat Icon

Posted 12/29/08 2:31 PM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: Let's play - what would you pay ??

I really don't know anything about the area, though it sounds lovely, but I wouldn't pay over $400,000 for a 2-bedroom cape regardless of location.

Eh, disregard me, I really don't know enough about Nassau RE! We're only looking in Suffolk.

Message edited 12/29/2008 2:50:17 PM.

Posted 12/29/08 2:49 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??



Message edited 2/10/2009 1:04:56 PM.

Posted 12/29/08 2:53 PM
 

jen919ifer
LIF Adolescent

Member since 7/08

803 total posts

Name:
Jennifer

Re: Let's play - what would you pay ??

I wouldn't pay anymore then 410k for a house with 2 usable bedrooms. There is going to be a lot out there starting in jan so try to hold off. We are going into contract this week for a house in mass pk

Posted 12/29/08 3:12 PM
 

Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: Let's play - what would you pay ??

I have never been to Wantagh, and I don't know what it means to be in "the woods" Chat Icon but from pictures I have seen your house is wayyy nicer than some that I have seen on MLS. The only thing is, most capes there seem to have 4 bedrooms. Maybe start at $460 ish??

Posted 12/29/08 3:20 PM
 

danielleandscott
My new 71 Super Beetle

Member since 5/05

13476 total posts

Name:
Scott

Re: Let's play - what would you pay ??

Is there a basement? I would say if no basement closer to $420k. With a Basement closer to $445k

Posted 12/29/08 3:22 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??

.

Message edited 2/10/2009 1:06:19 PM.

Posted 12/29/08 3:30 PM
 

MarisaK
HELLO Manolo !!

Member since 5/06

14562 total posts

Name:
Marisa

Re: Let's play - what would you pay ??

In the heart of Wantagh Woods, DH and I were looking at similar homes upwards of $500k+ when we bought at the end of 2006 (We endud up in Massapequa b/c I HAD to have a basement and none of the Wantagh Woods homes I liked had one) .....obviouisly the market has dipped significantly since then, but not enough to only pay $410k or $420k for that area ......... -

Posted 12/29/08 3:31 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??

Message edited 2/10/2009 1:07:04 PM.

Posted 12/29/08 3:34 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??

Message edited 2/10/2009 1:07:42 PM.

Posted 12/29/08 3:35 PM
 

MarisaK
HELLO Manolo !!

Member since 5/06

14562 total posts

Name:
Marisa

Re: Let's play - what would you pay ??

Posted by SweetCaroline

Posted by MarisaK

In the heart of Wantagh Woods, DH and I were looking at similar homes upwards of $500k+ when we bought at the end of 2006 (We endud up in Massapequa b/c I HAD to have a basement and none of the Wantagh Woods homes I liked had one) .....obviouisly the market has dipped significantly since then, but not enough to only pay $410k or $420k for that area ......... -



Yay - someone that knows the area! We were probably looking right when you were. We bought in Oct 06 and decide to skip the basement to get in the area - which obviously regret but not our decision to get in the area.

When I look on MLS now there are only a handful of homes in the Woods - most capes but not one in the "heart". A lot on the outskirts and needing a total makeover. That's why it's so hard to figure since our home is completely head to toe redone (well, it would be by the time we decide to sell).



I just replied to your other thread as well. - I think, in that area of Wantagh, you'd be better off staying in the house you're ALREADY done a ton of work to make 'your own' and adding on - rather than selling, most likely taking a losss and starting over .......You'll inevitably have to redo someone else's taste, or mess ......depending on what you buy - KWIM?

Posted 12/29/08 3:36 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??

Message edited 2/10/2009 1:07:57 PM.

Posted 12/29/08 3:51 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: Let's play - what would you pay ??

there seems to be a lot of variables in the comps in your enighborhood...why not have a REA come in and have them give an opinion on what it's worth.

the only thing is I see a redone 4BR cape with a basement listed for 475K, so I don't think you could go over that.

Posted 12/29/08 4:01 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Let's play - what would you pay ??

Message edited 2/10/2009 1:08:52 PM.

Posted 12/29/08 4:11 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: Let's play - what would you pay ??

$400K

Posted 12/29/08 4:41 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: Let's play - what would you pay ??

Posted by MarisaK

Posted by SweetCaroline

Posted by MarisaK

In the heart of Wantagh Woods, DH and I were looking at similar homes upwards of $500k+ when we bought at the end of 2006 (We endud up in Massapequa b/c I HAD to have a basement and none of the Wantagh Woods homes I liked had one) .....obviouisly the market has dipped significantly since then, but not enough to only pay $410k or $420k for that area ......... -



Yay - someone that knows the area! We were probably looking right when you were. We bought in Oct 06 and decide to skip the basement to get in the area - which obviously regret but not our decision to get in the area.

When I look on MLS now there are only a handful of homes in the Woods - most capes but not one in the "heart". A lot on the outskirts and needing a total makeover. That's why it's so hard to figure since our home is completely head to toe redone (well, it would be by the time we decide to sell).



I just replied to your other thread as well. - I think, in that area of Wantagh, you'd be better off staying in the house you're ALREADY done a ton of work to make 'your own' and adding on - rather than selling, most likely taking a losss and starting over .......You'll inevitably have to redo someone else's taste, or mess ......depending on what you buy - KWIM?



This is EXACTLY what the advice was on the today show today. now is the time to re-finance and do work to your home.

however, my house is on the market. guess i don't listen to the experts either!
Chat Icon

Posted 12/29/08 5:08 PM
 

Mimms
love my boys

Member since 4/08

2365 total posts

Name:

Re: Let's play - what would you pay ??

Based on the location $450ish, give or take. Sounds really niceChat Icon

Posted 12/29/08 5:14 PM
 

donegal419
St. Gerard, pray for us.

Member since 7/07

7650 total posts

Name:
K

Re: Let's play - what would you pay ??

Sounds beautifull, but i would say $380... Me personally, I wouldn't go over the $400,000. even with the updates, the house sounds too small. beautiful but small and like you said, lack of storage. i paid $360,000 for a 4 bedroom cape with a full basement in Greenlawn. Granted, it's not Nassau, but it's in an area that would be just as desirable as Wantagh.....

Are you wantagh SD or Levittown SD? That would factor in as well.

Posted 12/29/08 8:17 PM
 

ThreeCats
Train Ride

Member since 5/05

3127 total posts

Name:
A

Re: Let's play - what would you pay ??

what a fun game - wish i could play but i don't know Wantagh

Posted 12/29/08 8:27 PM
 

Karen
Just chillin'!!

Member since 1/06

9690 total posts

Name:
Karen

Re: Let's play - what would you pay ??

Posted by smdl

$400K



That's my thought also.

We only paid $50k more for 4 bedrooms, full basement, waterview, in an area comparable to Wantagh. And that was back in July, before the market really tanked.

Posted 12/29/08 8:51 PM
 

Salason

Member since 6/05

9878 total posts

Name:

Re: Let's play - what would you pay ??

Posted by smdl

$400K



Same here.

Posted 12/29/08 9:04 PM
 

leese
Sarge!

Member since 5/05

1965 total posts

Name:
Leese

Re: Let's play - what would you pay ??

I'm in NJ, but grew up in Seaford Manor. I know "the woods" and love it. So, I'm completely off base but I would have thought it was definitely over 400K with the improvements.

I saw your other thread, and honestly, I might add on and make it how I want it to be. I don't have a basement (I have a split) and don't miss one. I would like more storage but I have a feeling we aren't fully using the storage space we have (we have a crawl space that we don't use at all).

Posted 12/29/08 9:27 PM
 

browneyedgirl
family is all that matters

Member since 6/06

6513 total posts

Name:
browneyes

Re: Let's play - what would you pay ??

honestly, less than 400.

we have a 4 bedroom 2 bathroom house with similar lot and taxes but much more SF in a desirable town and school district in nassau. we just got it appraised 2 weeks ago at 435---houses on the block were at the upper 600s in 2006--that's how much it has fallen. luckily we paid less than that so we're fine. (we're refinancing).

so to only have 2 bedrooms and significantly less living space, i would pay no more than 375

Posted 12/29/08 9:36 PM
 

beautyq115
New Year!

Member since 5/05

13729 total posts

Name:
Me

Re: Let's play - what would you pay ??

Maybe 400,000

the basement would be a deal breaker for me

Posted 12/30/08 12:39 AM
 
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