Casa Limonera is back on the market

In 2016, I went down to Merida on my own to look at and, most likely, put in an offer on a house.

It wasn't a big house, but it was in a nice neighborhood and was finished and I really liked the style. It was $165,000 ($175k furnished) and Angie agreed we should just buy it. We both thought it was cute and prices weren't going down on houses. We could buy it and start renting it out right away.

I contacted Isaac, my real estate agent, and told him I was coming down to see the house. He responded he'd be glad to show it and so I booked my ticket and rented an AirB&B.

The AirB&B was right across the street from the house we wanted to buy, which is called Casa Limonera. It's just west of Santiago park a few blocks on a quiet street. I would be down there and get to experience the exact neighborhood the house was in, plus when I went to see it with the realtor, I'd just walk across the street. Also, I was told, the architect who built it lived just next door. So, it was gonna be a cool trip.

A few days before my flight, Isaac messaged me that the house was under contract. We had missed out. Things were moving fast down there. It seemed like you were going to have to find a property quick and possibly buy it sight unseen.

I was disappointed, but still went down and Isaac showed me some other places, but nothing really caught my eye at that price range. A few houses I really liked but were a bit more expensive. One of them, we would eventually stay at a few years later when we rented it out for one of our trips. Angie loved it, so maybe we should have bought that.

I also got to get up every day and when I went outside, I got to see Limonera right across the street, taunting me.

Oh well. I'm ultimately happy with how things turned out. Happy we found our lot and are going to build something that is what we want and I'm happier to be in the neighborhood we're going to be in. Especially if that dang park gets built.

Then, the other night, I had some real estate notifications for Mérida. I still like to be nosy and see what's selling and what it's selling for. I just love looking at houses down there. Probably always will.

And there it is. 5 years later, Casa Limonera is back up for sale. Price?

$299k

Wowzers! It's almost doubled in price in 5 years. Good for whomever bought it for potentially making some good money on their investment.

It makes me feel good thinking we haven't made a mistake investing in Mérida!  

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