St. Mary's - buying a house

K

Katie

Guest
Ouch we live in Hickory Hills and paid less then that for our house back in February. Our house is the same size, but a bigger lot(not by much .25 acre, and backs up to the woods).
 
S

Schizo

Guest
jwwb2000 said:
try again jacko! they are redoing entire driveways....do a drive by on curley court
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sidewalk?!



they actually continued working on them, what a surprise! LOL :elaine:
 
J

jwwb2000

pretty black roses
Schizo said:
sidewalk?!



they actually continued working on them, what a surprise! LOL :elaine:
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They did repour some driveways to facilitate the new sidewalk which has taken a little over 3 years to put in :yikes:
 
S

Schizo

Guest
Yes, the driveways had to be regraded.

The surprise?!... thought it would have been at least a five year project.
 
G

GNO.Marathon

New Member
I recently (14 months ago) bought a townhouse in Hickory Hills and I love it. I paid $135,500 (shock) and it was recently appraised at $180,000. If I went to sell it, I would probably get around $200,000 because it is rare to find a HH townhouse for sale. Similar ones are going for around $195,000. I love my townhouse, but I do not plan on living in St. Mary's forever. My long term plan is to stay at least 25% below the value of my house with my mortgage/HELOC, then move in 3-5 years to somewhere that I would like to call home for good.
 
S

Schizo

Guest
Schizo said:
Pretty good price compared to the larger houses in Hickory Hills North

http://www.realtor.com/FindHome/Hom...4DCF175CBD2C&snumxlid=1046468674&lnksrc=00002

http://www.realtor.com/FindHome/Hom...4DCF1F1F733C&snumxlid=1048124469&lnksrc=00002
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I was looking at resales, there hasn't been many Hickory Hills North homes on the market in the past 2 years. Looks like most people are holding on. But, many homes have exchanged hands on the Hickory Hills South side which has the townhouses and smaller homes. Any thoughts?
 
ylexot

ylexot

Super Genius
I saw a FSBO sign while driving past Cedar Cove yesterday. All I saw on it was that the home is in the Moorings development. Anybody interested, have at it!
 
S

Schizo

Guest
Katie said:
Ouch we live in Hickory Hills and paid less then that for our house back in February. Our house is the same size, but a bigger lot(not by much .25 acre, and backs up to the woods).
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GNO.Marathon said:
I recently (14 months ago) bought a townhouse in Hickory Hills and I love it. I paid $135,500 (shock) and it was recently appraised at $180,000. If I went to sell it, I would probably get around $200,000 because it is rare to find a HH townhouse for sale. Similar ones are going for around $195,000. I love my townhouse, but I do not plan on living in St. Mary's forever. My long term plan is to stay at least 25% below the value of my house with my mortgage/HELOC, then move in 3-5 years to somewhere that I would like to call home for good.
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Hey Katie and GNO.Marathon, look! :shocked:

http://dutydesk.mris.com/residential/reports/listing_detail.cfm?mls_num=SM5271281

http://dutydesk.mris.com/residential/reports/listing_detail.cfm?mls_num=SM5218108

Okay the links dont work (well, sometimes works, sometimes not) but put "hickory hil*" into www.obrienrealty.com under subdivision....
 
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ylexot

ylexot

Super Genius
My coworker just sold his house FSBO...in 30 minutes for $300k! We kept telling him he should start outrageously high since he has a few months before he needs to move.
 
S

Schizo

Guest
ylexot said:
My coworker just sold his house FSBO...in 30 minutes for $300k! We kept telling him he should start outrageously high since he has a few months before he needs to move.
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Should have taken your advice...
 
R

remaxrealtor

Guest
Surprise! Take a sellers market, add volume to the inventory and climbing rates and VIOLA! No more sellers market. It has been a sudden swing, but buyers are finding themselves in a position to make offers, even ask for closing help again. If you're a seller and you waited it out to get the highest dollar, you may have missed your best opportunity. if you're a buyer and waited it out, smart move!
 
Oz

Oz

You're all F'in Mad...
remaxrealtor said:
Surprise! Take a sellers market, add volume to the inventory and climbing rates and VIOLA! No more sellers market. It has been a sudden swing, but buyers are finding themselves in a position to make offers, even ask for closing help again. If you're a seller and you waited it out to get the highest dollar, you may have missed your best opportunity. if you're a buyer and waited it out, smart move!
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That may be short-lived, given the lack of APF in St. Mary's County. Especially when the Presidential Helo and JSF programs start bringing people into the area.

Sellers will still command top dollar, even if they have to offer closing help. A few thousand dollars at closing to sell a house for 2-3 times what they paid for it 4 years ago? Not a bad deal...

Leonardtown and Wildewood projects may help to adjust the market. But are those projects close enough to have an immediate impact?
 
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