Hit 10 year milestone in my house and it felt weirdly huge

I bought my place back in 2014 and last month marked a full decade of owning it. Never thought I'd hit that number honestly. I painted the living room three times, replaced the water heater twice, and finally got the backyard fence fixed last fall. The big thing that surprised me was how much equity I built up just by staying put and not selling during the market swings. When I checked my mortgage balance against what similar houses on my block sold for this spring, the difference was way more than I expected. Has anyone else looked at their numbers after a long stretch and been shocked by the growth?

2 comments

2 Comments

claire_butler119h ago

Honestly thought renting was smarter until I saw the numbers ten years in.

kevinc8419h ago

That's a pretty bold shift in thinking. What specific numbers changed your mind after 10 years? Was it just the rent increases or did you factor in lost investment growth on the down payment you never made?