Quote:
Originally Posted by _Richard_
the property value in the small town area is going to equal where you are now in 5 years?
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I don't think so. I think the $79k price point will remain near the same value, maybe a tad higher.
Whereas in my city now, I'm worth 190 in a townhouse and expect to hit 230 in 5 years time. We have a 4-7% growth currently as per the mortgage sales history in my area. 7 years ago my townhouse was worth 130.