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£gbp / $ Us Dollar (pg. 2)
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| UWM |
| quote: | Originally posted by Mebot
I'm moving to Scotland! |
+1 |
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| tu_face |
| quote: | Originally posted by UWM
A 4 bedroom house in Florida with a nice swimming pool would probably cost the equivalent in USD :) |
as in $300,000?
its really wierd how much prices change from region to region over here. my house is currently valued at £220,000. the same house in london would probably be close to £400,000... |
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| UWM |
| quote: | Originally posted by tu_face
as in $300,000?
its really wierd how much prices change from region to region over here. my house is currently valued at £220,000. the same house in london would probably be close to £400,000... |
No mate, like $550,000+. Obviously depending on the location it could be less, or in some places much more expensive. |
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| fbgdavidson |
But then the cost of maintaining x-hundred acres is quite horrendous. Most of them are advertised as shooting estates.
And yes my house just went up £200,000 in value. Bought it 2yrs ago for £1m...gotta keep current
As tu_face says his house in London maybe £400,000 but a one bedroom apartment in Mayfair (central London) would be £500,000! |
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| tu_face |
i saw a property program about florida, they were much cheaper than that..? somewhere around the equivelent of £150,000.
maybe the houses were a tad smaller then, but either way they were miles cheaper ;) |
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| Mebot |
| quote: | Originally posted by tu_face
as in $300,000?
its really wierd how much prices change from region to region over here. my house is currently valued at £220,000. the same house in london would probably be close to £400,000... |
oh yeah..as someone already said in a different thread..
LOCATION, LOCATION, LOCATION
prime spots around Northern Virginia (where i'm from) can reach upwards of 600 - 900 thouasand. Especially around the DC and Metropolitan areas like Arlington and Alexandria...
It's all about cost of living too, I mean if you live there, you obviously have a job that makes some good money. |
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| UWM |
| In the area where my ex-girlfriend lives, 1 acre lots cost over $1.2 million. |
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| Boomer187 |
| quote: | Originally posted by tu_face
i saw a property program about florida, they were much cheaper than that..? somewhere around the equivelent of £150,000.
maybe the houses were a tad smaller then, but either way they were miles cheaper ;) |
Property programs specialize in low cost areas that have potential to be expensive.
Look around south beach, they ain't cheap. |
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| fbgdavidson |
| quote: | Originally posted by UWM
In the area where my ex-girlfriend lives, 1 acre lots cost over $1.2 million. |
It's shocking. In my old village (a popular commuter village) we had a smallish 1970s four bedroomed house with 0.25 acre garden and that we sold that for nearly £400,000!
Up the road was a small thatched cottage with 1.5acres of land. The house was sold to a property developer for £1.5m and six houses were built in the garden that each sold for approx. £500,000. If you can get planning permission to build on land the value goes up from £3000/acre (basically valued as agricultural land) to nearer £1m/acre in places. In the afforementioned village people had sizeable gardens and were just building more houses in their gardens! It got daft so we moved |
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| UWM |
| quote: | Originally posted by fbgdavidson
It's shocking. In my old village (a popular commuter village) we had a smallish 1970s four bedroomed house with 0.25 acre garden and that we sold that for nearly £400,000!
Up the road was a small thatched cottage with 1.5acres of land. The house was sold to a property developer for £1.5m and six houses were built in the garden that each sold for approx. £500,000. If you can get planning permission to build on land the value goes up from £3000/acre (basically valued as agricultural land) to nearer £1m/acre in places. In the afforementioned village people had sizeable gardens and were just building more houses in their gardens! It got daft so we moved |
6 houses on a 1.5 acre plot? That's ridiculous!
It's crazy how much property / real estate values go up over time. When we purchased our 10 acres / built our home in 1990 the entire value was around $450k, now it's something like $1.2 million. Stupid! |
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| Zild |
| I don't know how we got on the topic of real estate but the dollar falling isn't necessarily a bad thing for the US. It means globally more people will be able to afford US export. The strength of a nation's economy isn't directly proportional to the strength of its currency. |
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| Mebot |
| quote: | Originally posted by Zild
I don't know how we got on the topic of real estate but the dollar falling isn't necessarily a bad thing for the US. It means globally more people will be able to afford US export. The strength of a nation's economy isn't directly proportional to the strength of its currency. |
True but I like looking at things in the short run (as most Americans are) so looking a price differentials between countries really makes an impression. |
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