My wife and I had been tossing around the idea of selling our home, mainly due to Driftwood (and Hill Country) being such a crazy hot market. We live in a rural area, everyone has 5-10 acres, and it's a dead end street. Mostly nice homes, but older. 2 homes recently sold, both way older, smaller and neither had a pool. One was asking 799k and got 1.1 million, the other was asking 1.4 million and got 1.44 million.
After we came back from our 2 week trip to Montana, we thought "let's test the market" so we got the house power washed, windows cleaned, interior cleaned, and updated our landscaping.
Our listing went live Friday (7/23). We had 4 showing that night, 3 Saturday and 2 Sunday. By Sunday afternoon, we had 3 offers in hand.
This home was a full on custom build for us, our dream home, planned to stay until I retire in 9 more years. So this decision was not done lightly. We figured if we get a good offer, we'd take it.
We listed at $$1.3 million. 48 hours later, multiple offers later, under contract for $$1.55 million. All cash. Waived the option period, waived the inspection and survey, 20 days free lease back.
We couldn't believe it! Our all in cost when we built (5 years ago) was 540k for house, 160k for the acreage, 70k recently for the pool, so 770k total. We now doubled it in 5 years time.
Here's the house: https://www.redfin.com/TX/Driftwood...0eV9pZD01NTE1MTQxNyZwb3NpdGlvbl9udW1iZXI9MA==
As for what's next? Hard to say. We may stay in Texas, look for land further out and build or place a trailer. I've also applied for jobs in Arkansas and Montana (state jobs), hoping to transfer. My wife has the luxury of working from anywhere with an Internet connection.
After we came back from our 2 week trip to Montana, we thought "let's test the market" so we got the house power washed, windows cleaned, interior cleaned, and updated our landscaping.
Our listing went live Friday (7/23). We had 4 showing that night, 3 Saturday and 2 Sunday. By Sunday afternoon, we had 3 offers in hand.
This home was a full on custom build for us, our dream home, planned to stay until I retire in 9 more years. So this decision was not done lightly. We figured if we get a good offer, we'd take it.
We listed at $$1.3 million. 48 hours later, multiple offers later, under contract for $$1.55 million. All cash. Waived the option period, waived the inspection and survey, 20 days free lease back.
We couldn't believe it! Our all in cost when we built (5 years ago) was 540k for house, 160k for the acreage, 70k recently for the pool, so 770k total. We now doubled it in 5 years time.
Here's the house: https://www.redfin.com/TX/Driftwood...0eV9pZD01NTE1MTQxNyZwb3NpdGlvbl9udW1iZXI9MA==
As for what's next? Hard to say. We may stay in Texas, look for land further out and build or place a trailer. I've also applied for jobs in Arkansas and Montana (state jobs), hoping to transfer. My wife has the luxury of working from anywhere with an Internet connection.
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But it's all good!
