So, here's what 475K will get you these days:

[bnorth]

Originally Posted by butchie_t

An affordable Wagner for someone. Well, good for them and congrats on the purchase.

That sort of money is what is going towards my retirement home. I can live in that, I cannot live in the Wagner card.

Cheers,

Has a Wagner ever lost value? As someone looking at ocean front property for a few years. The listing price of houses is still going up but the actual selling prices are falling. If you bought a house in the last year or two there is a very good chance you will be underwater in the near future if you have a mortgage.

[Eric72]

Originally Posted by bnorth

Has a Wagner ever lost value? As someone looking at ocean front property for a few years. The listing price of houses is still going up but the actual selling prices are falling. If you bought a house in the last year or two there is a very good chance you will be underwater in the near future if you have a mortgage.

Is it somehow worse when someone is underwater on the mortgage for their ocean front property?

[Republicaninmass]

Amazing what a hidden reserve and one bidder can do

[bnorth]

Originally Posted by Eric72

Is it somehow worse when someone is underwater on the mortgage for their ocean front property?

I am saying in my honest opinion the Wagner is a WAY safer bet at the moment than spending the exact same amount on a house.

[BobbyStrawberry]

Originally Posted by bnorth

I am saying in my honest opinion the Wagner is a WAY safer bet at the moment than spending the exact same amount on a house.

It would be hard to live in that Wagner, though.

[bnorth]

Originally Posted by BobbyStrawberry

It would be hard to live in that Wagner, though.

If you are spending that much on a Wagner I highly doubt it would make you homeless.