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libertad’s journal

my first bid on a house


I bid on a house on Lafayette and west ave. I lost the bid to a buyer paying cash. I did have a good vision for the home.

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36 words

💬 6 comments

  1. paul ·

    Wow that's a real fixer upper.

  2. libertad ·

    Yeah it is but I think it would have been worth it. It was sold for 55k.

  3. ExBuffalonian ·

    Wow, If that sold for $55K cash, then property values have really gone up dramatically in Buffalo since I bought my first house there about 11 years ago. Mine was a double on West Tupper between Maryland and Virginia Streets, and it needed zero fixing up. In fact, it had original hardwood floors, pocket doors, leaded glass windows, and amazing original woodwork. All that for only $74K. I still miss that house. My new house in Baltimore set me back five times that, literally, and has just a fraction of the charm and none of the history.

  4. libertad ·

    @exbuf, you have no idea, it's insane, I feel so discouraged. Property values are skyrocketing everywhere on the West Side. Last year I probably could have gotten it for $45k based on sales of similar homes in the area. Actually there is going to be a story about the current housing market in the Buffalo News very soon and I will be quoted in it. This house does look like a wreck but it actually had a lot of charm and it had one of the best foundations I have ever seen. I'm contemplating dropping out of the market and waiting to see if it balances out.

  5. ExBuffalonian ·

    Try not to be discouraged. People find their dreamhomes in even the toughest of markets. It's all about being in the right place at the right time, and you have to stay in the market to make that happen. Things usually work out the way they do for a reason, so don't worry too much when the one you think you want gets away. (I guess that applies to not only house hunting, but in dating too.) Sometimes there are things wrong with houses (and men) that are not apparent on the surface, and not getting what you think you want could be the best thing that ever happened to you.

  6. tinypliny ·

    Mine got away. But I am not sad, it just made me hopeful that someday I will meet someone like him. :-)

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