Quote:
Originally Posted by molson
Buying was the most important financial decision I ever made, but, I was lucky enough to buy in an area where my first home increased in value close to 4X since 2008. I started with something like 5k down on my first house and now with regular mortgage payments (all under $900, even today), it's so much property equity that I never would have equaled 5% of with saving.
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Wow, congrats. My house has increased about 45% in 19 years and I refinished the basement for zillow to give me a bump.
I'm in a nice school district, IMO desirable subdivision, and a growing county. I'm jealous of others where home appreciation is through the roof. But I never viewed a home as an investment for retirement, just a place to call my own.
Looking back, any tips or trade secrets on picking the house you did?