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Future Plans and Property Values

March 1st, 2018 at 08:55 am

We've started to plan again for a downsize from our primary residence to something smaller as well as selling the rental property. I know that the Z-estimates from Zillow aren't an exact science, but I'm using them for a quick snap shot.

Value of Rental Property: $250.000
Mortgage on Rental Property: $0.00
Value of Primary Residence: $460,000.00
Mortgage Balance for PR: -$218.000

Total Value: $492,000

The townhomes we are looking at are in the $240,000 range. I'm feeling slightly better about the overall picture of our fiscal health.

1 Responses to “Future Plans and Property Values”

  1. rob62521 Says:

    Wouldn't that be nice to downsize and owe less.

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