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What $500 Down Payment in 1911 Chevy Chase Would Be Worth Today

Ever wonder what a $500 down payment in 1911 Chevy Chase would be worth today? Find out in this blog post, and learn why Chevy Chase ain't cheap!
President Roosevelt at NIH
Photo shows the mansion called Falkland, built in the 1850s as a summer residence and burned by either Confederate troops or camp followers on July 12, 1864.
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Do you live in Chevy Chase? Was your down payment $500? I think it’s safe to say that’s off by a factor of around 200. Either you find this extremely amusing or slightly depressing. That amount of money in 1911 is probably worth $20,000 today. That also probably makes you a little depressed. Chevy Chase ain’t cheap.

Thomas J. Fisher & Co., Inc. advertisement - April 9th, 1911 (Washington Herald)
Thomas J. Fisher & Co., Inc. advertisement – April 9th, 1911 (Washington Herald)

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