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Forum
-> Inquiries & Offers
-> Lakewood, Toms River & Jackson related Inquiries
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amother
OP
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 Thu, Mar 04 2021, 10:12 am
Do you think it's a good investment?
Do you think in 5-10 years a house bought now will go up alot in price?
Talking about those split level ranches
Thank you
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amother
Olive
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Thu, Mar 04 2021, 10:24 am
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can't really know. but highly doubt it'll go up that much. the larger, newer houses in the area are already sky high and just going up and up.
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amother
Seafoam
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Thu, Mar 04 2021, 10:34 am
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What's the difference as long as it doesn't lose value everyone want to buy a house for almost nothing and then be able to sell it at a crazy high price I think you should focus on a house and area you like for yourself.
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amother
Seashell
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Thu, Mar 04 2021, 10:40 am
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My smaller Jackson house went up in value by 90k in the past six months and it’s only going higher.
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amother
Blue
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Thu, Mar 04 2021, 10:42 am
This year yes.
In 5 years. Who knows...
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amother
Burgundy
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Thu, Mar 04 2021, 10:46 am
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My house in Jackson went up $200k since I bought it 4 years ago. I can’t imagine how it could go up more than $50k after this.
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amother
Plum
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Thu, Mar 04 2021, 10:57 am
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Derech hatevah is that real estate goes up with time but the nature of the current market is unprecedented. At some point it has to stop. I bought when I was engaged cuz I had $ sitting and dh thought may as well invest it into a house. My house went up in 7 years 200-250k .
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amother
Blonde
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Thu, Mar 04 2021, 12:04 pm
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I live in lakewood and my house has gone up in value, but in the long run, Im not selling it anyways and if I do the next house I buy will be that much higher bec. it also has gone up in value. The only value is if you plan on buying it as an investment and selling it down the line. But for your own self, the only thing you gain by it going up in value is if you move out to somewhere thats a cheaper city/town to live in. Like the pple selling in brooklyn and buying mansions in toms river...
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