My mother paid 20,000 for this house in suburban Indianpolis in 1957:
Now: 2 beds and den, 2 baths, 1718 sq. ft. house sold for $189000 on Jun 18, 2012. current estimate $312,510.00 15x in 65 years.
She sold our old house for about 20,000 in western Pa. in 1957 Now, 3 bd 1 ba 1,568 sqft current estimate $116,400 Almost 6x in 65yrs
But the second one is in a town whose population has gone from 50,000 to
22,000. While Indianapolis is growing and doing well.It has forced air but no AC yet either, although later owners put AC in the first one.