- Joined
- Dec 29, 2004
In Richmond, the housing prices are going up at an alarming rate... When we moved here in November from Detroit, we totally believed the myth that the cost of living was signicifantly cheaper than in Southeast Michigan... What fools we were... If we had stayed in Ferndale ( a 'burb of Detroit) and bought the house I'd wanted for 250k I would've gotten the same square footage (approx. 1800) in an older beautiful, brick house with wooden shutters with the an amazing community feel, a great charter school system, beautiful landscaping & a pool.
Here in Richmond, we spent the same amount for a cul de sac nightmare with thin walls, no basement and "association fees" on a dirt lot (the contractor has yet to lay down the sod...) Yes, the weather is nicer here in January but our electric bill for being forced to run the air conditioner 24/7 has more than doubled my January bill in Michigan.
The good thing? My new house has increased in value approximatly 23% in eight months. The bad thing? I have to live there....
Here in Richmond, we spent the same amount for a cul de sac nightmare with thin walls, no basement and "association fees" on a dirt lot (the contractor has yet to lay down the sod...) Yes, the weather is nicer here in January but our electric bill for being forced to run the air conditioner 24/7 has more than doubled my January bill in Michigan.
The good thing? My new house has increased in value approximatly 23% in eight months. The bad thing? I have to live there....