(Closed) Perfect house or Perfect location??

posted 8 years ago in Home
  • poll: Which is more important?

    Perfect house.

    Perfect location.

  • Post # 17
    9950 posts
    Buzzing Beekeeper
    • Wedding: September 2012

    I say location, because to me the perfect house in a bad location isn’t the perfect house.  Houses can be fixed or changed, you’re stuck with the location.

    Post # 18
    2966 posts
    Sugar bee
    • Wedding: May 2014

    View original reply
    @Birdee106:  This. 

    Post # 19
    301 posts
    Helper bee
    • Wedding: September 2012

    Definitely location. As PP have stated, you canaways work on your house. School districts, safety, and community are things you will be stuck with.

    Post # 20
    1151 posts
    Bumble bee
    • Wedding: March 2014

    Another vote for location!

    Post # 21
    10357 posts
    Sugar Beekeeper
    • Wedding: September 2010

    Traffic, schools, proximity to work, restaurants, shopping etc is way more important to me than the actual house. I can remodel, etc. You can’t create an ideal neighborhood out of thin air, though!

    Post # 22
    1933 posts
    Buzzing bee
    • Wedding: August 2012

    Perfect location, definitely, provided that there was room to add on to the house (addition), or the changes needed were just upgraded type things.  

    I mean, I wouldn’t buy a dump in the perfect location.  But an ok and easily upgradable house in the perfect location – definitely!

    Post # 23
    1416 posts
    Bumble bee
    • Wedding: January 2013

    Location, location, location, that’s where most of the value of your house comes from, it dictates what school district your children go to, it can completely change your lifestyle, and you can always add on, renovate, etc later, location is BEYOND the most important factor!

    Post # 24
    846 posts
    Busy bee
    • Wedding: August 2013

    defintely location. my fiance, his dad, my dad, my brother, and my uncles can build/fix just about anything. my Future Father-In-Law owns his own carpentry company, and can get supplies for dirt cheap. so for us, we really are only looking for houses in the school district we want because we can turn the house into everything we want for practically nothing.

    Post # 25
    1695 posts
    Bumble bee
    • Wedding: March 2012

    I’m going to say location.

    Post # 26
    1425 posts
    Bumble bee
    • Wedding: November 1999

    Location! In the Bay Area, you can get a newly built gorgeous house but not in a really good area or invest that money in a great location but a so so home. In ten years, the house in the better location will definitely hold up its value better for investment purposes.

    Post # 27
    5217 posts
    Bee Keeper

    Location. Especially for resale purposes. 

    Post # 28
    1048 posts
    Bumble bee
    • Wedding: June 2011

    Location.  Don’t buy in the wrong location thinking your have 5 years before you have to sell to get into the good school district.  Do it now – plus it works much better for resale value.  

    Post # 29
    140 posts
    Blushing bee

    It has to be a mix of both. keep in mind some townships have codes/restrictions, so it’s not like you will ALWAYS be able to do what you want in a perfect location. You should check on this prior to purchasing a home.

    For example, in my parents’ neighborhood which is all ranch homes, they recently created an ordinance that you cannot build up more than 40% of the house- as in the second floor addition cannot exceed the 40% of the first floor’s area. There go many a peoples dreams to expand in a great location.

    So you see location is not always the answer.

    Post # 30
    111 posts
    Blushing bee
    • Wedding: January 2012

    Perfect location. That’s something you can’t change. You can always uodate the house later on.

    Post # 31
    309 posts
    Helper bee
    • Wedding: November 2012

    I think it has to be a compromise of both factors. If you pick the perfect location but could not possibly fall in love with the house even with time, how to be happy living in it?

    For us, we found that perfect house but it would require us having to pay $500+ mello-roos in additional every month for the next 30years. That’s a lot, really. This would also be a huge deterent should we have to sell the house in the future. 

    So we found the next best one that boast a better location for us, without having to pay crazy high mello-roos.

    A safe bet would be to pick the best house you could afford in the preferred neighbourhood especially if you are planning to have kids as the ratings of the school is so important- it affects your child’s education and the value of your property too.

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