I may be able to bring my house to market so I can enjoy the spectacle of people complaining about paying me more than my price.
I actually would not sell it, because then I would have to move, which means paying someone else more than their price.
It’s Catch-22 in the area’s red-hot housing market – if your housing value soars, so does everyone else’s. You may be selling high, but you certainly will not buy low.
Of course, buyers will not listen to it. I know I never did.
We had a less intense version of the current market when we last bought a house in 1993. There was no bidding war as there is now, but there was a bidding screen. We lost one of them and I’m still thinking about the house that got away. It had good closet space.
But soon we found someone else to fall in love with. In love with its dimensions, we did not see the faults of the house during our eager pursuit. Only later – say half an hour after closing – did we start thinking again. Why did we not notice the hump under the rug in the family room? Is there anything buried there? (No, it was just a bad floor leveling job that I got hold of 27 years later.)
I have owned three houses. In either case, I thought I would die if someone else came to them first and later realized that I did not love any of them that much.
It happened to me after we bought the first one that I really should have bought a farm. I loved the freedom to dig holes in the ground and plant things without the necessary permits.
But the house? Too complicated, too degraded, too demanding. Outside you can do miracles with a flat annuals and some bark chips. Inside, any improvement is pricey, and you can not just prune your rug in shape or transform tired decor with shrubs at half price.
After each house purchase, we felt virtually almost poor by the size of the mortgage payment. And then it would ease and we would start to feel cramped in the vacant space.
The second house had a basement, a big wish from us. The third had one and a half bathrooms more than the second, which seemed a must at the time.
Now the kids are adults and gone, and if anything, we have too much space. If we had to move now – which we are not – it would be a smaller place. But wow, it would come with a great price.
Joe Blundo is a Dispatch columnist.