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by chimerasaurus
1678 days ago
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This. Also factor in: - Upkeep. Houses require work (example - re-painting every 10-15 years can be >$15-$20k.) - Special assessments (city, county, special district) that come up because other people vote for them. (example: Seattle can vary $150->$1k some years) - Homeowners insurance, flood insurance, earthquake insurance, if relevant. (example: Seattle - $800 + $600 + $1400 / yr) - Hidden costs that are not obvious (example - in King County, WA new homes have a sewer connection charge ~$18k that is paid off over like 15 years.) |
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