This is the house of my earliest memories. I played under the trees. I chalked on the driveway. I roller-skated on the sidewalks. I still miss it.
Located in Cleveland Heights, Ohio, it had both front yard, back yard and a separate play yard, a detached garage, basement and three floors. (I loved the rooms in the attic!) Sun room, screened-in side porch, enormous claw foot bathtubs...In 1966 when we moved my mother sold it for $32,500, which was the most any house had sold for on our street. Ever.
Yesterday I came across a Columbia real estate advert for a house of this design (not this particular house) on Facebook.
Photo credit: STEVEN LEWIS, Keller Williams Bob Lucido Team
The house that I saw in the advert was listed for $500,000. Something in my brain objected.
I do not wish to insult this particular house, nor all the houses of this design, nor all the owners of houses that look like this, but something inside me said, “This is not a $500,000 house.” Of course, that response is purely subjective. It’s clearly a $500,000 house if someone is willing to pay that price for it.
Now I know that it does no good to compare the house of my childhood memories to one in the present day. There are far too many variables: the passage of time, location, demand, updates, quality of interior finishes, and so on. Despite all this, I can’t help but feel that housing in Columbia/HoCo has become so wildly expensive as to defy all reason.
From what I read, it seems that our area has a shortage of housing. And, during the pandemic, the real estate market has been pretty hot. That’s going to drive prices up. So here we are. Prices were already pretty steep and now many border on ridiculous. Depending on what neighborhood you want to live in, I guess.
But let’s say you were in the market for the house above but priced in the $350,000 range. Now it’s out of your league and you’ll be forced to look at the houses that are now in that lower range: