Why you should buy your first Home, my personal story

Real Estate Agent with Mike Russell Real Estate Group SP00225692 Kansas

This is a picture of my first home, I purchased it in Denver Colorado in 1993 and I paid a whopping $67,000 for this 2 bedroom 1 bath brick bungalow west of downtown Denver. I was 23 years old and didn't have a clue of why I wanted to buy a home, it just seemed like a good idea. 

It turns out that good idea completely changed my entire financial future. I kept the home until 1998 and SOLD it for $149,000, an $82,000 increase in value.  Over the next 7 years I owned multiple homes in Denver and kept gaining equity through home ownership.

Click Here to See My First Homes Zillow Zestimate, You will be Shocked

In 2005 my wife and I chose to relocate to Overland Park and the equity gained from our homes in Denver allowed us to build our dream home, a home that we have lived in for 15 years and raised our 2 children. 

If you are a first time buyer and wondering if home ownership is right for you? Consider the long term investment returns that real estate provides, the stability it can provide you and your family and the bellweather against inflation that homeownership provides.

Ready to get started? Contact us for a No Obligation Consultation!


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 Mike Russell is a REALTOR with Keller Williams Realty. Mike specializes in Johnson County Kansas Homes and Real Estate for sale. Mike is a tech savvy realtor with over 20years experience. Did you enjoy Mike's Blog? Feel free to subscribe or join Mike on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...

Mike Russell Real Estate Group can be reached at 913-266-5828 or MRussell@KW.com  or www.SearchjocoHomes.com

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Comments (1)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mike, I would lay money you would fall off your chair if you knew how much that house in West Denver was valued at today!  

Aug 23, 2021 11:21 AM