MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 60,225
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
Yep.Sounds like us (52 years this year). The key thing you said was "We live below our means." which most people don't do today.
When I hear about high "median home" prices research and you see this...but in my 20s I'd be looking at something like the old house like the second picture with a few acres. As long as it's structurally sound, roof doesn't leak it could be rewired, new plumbing, kitchen, windows, etc. which is what I did over time as I got money. I could add an addition, nice driveway...all that stuff.
I think lots of young people want to start off new and fairly large...maybe they don't know how to repair things.View attachment 859289View attachment 859290
We live in an older home in a lower middle class neighborhood.
The home is only valued at around $124K.
It's warm, dry, functions, and looks pretty nice. We keep improving it every year. Has a little over an acre. We also have 20 acres out in the country.
We've been here for 28 years.
We both have worked full-time since before we were married.
We worked part-time jobs, too, before we had kids. Sometimes we had 5 job between us.
We make average wages and have been debt free since 1995.