At first he was nervous about the $164,000 purchase. A bidding war broke out and he ended up going slightly over his budget. "I was worried I was buying at the top of the market," he said. Turns out, his worries were unfounded. He just sold the condo for $285,000, $121,000 more than he originally paid. That's a nearly 74% price increase in just four years. "I'm laughing now," he said of his nerves as a first-time buyer.