(Closed) Which house would you pick?

posted 7 years ago in Home
  • poll: Choose the house or the townhome?
    House with perfect location : (19 votes)
    59 %
    Townhouse with amazing future rental potential? : (13 votes)
    41 %
  • Post # 3
    Member
    11394 posts
    Sugar Beekeeper
    • Wedding: December 2010

    My only advice is don’t get anything you don’t love. Don’t make yourself feel trapped. Keep looking. But if you really love the first one & want to fix it up since it will be a forever home then go for it. But make sure you look else where to make sure there isn’t something better out there for you.

    Post # 4
    Member
    2701 posts
    Sugar bee

    If it were us, we would more than likely deal with the townhouse for a few years as having an investment property with income potential is a great way to supplement your incomes. Think of it as a nest egg πŸ™‚

    Post # 5
    Member
    2891 posts
    Sugar bee
    • Wedding: July 2013

    Wow! As someone who used to flip houses I have so many questions.

    Are you intending to live in the house while you fix it up? Do you have any clue how messy that can be if so? Is your personality the type to handle that? What is the resale potential of the house? Can you get out more than you put in? What are the market values of the houses around it? Are the bones good? Have the wiring and plumbing been updated? How much work needs to be done? Have you had a professional look it over yet? How do you feel about being strapped for cash? Are you driven to settle down?

    Renting a house has definite downsides. If you go that route go thru a reputable realtor who handles a lot of rental. Get references from people who successfully have rented thru them. You could lose a fortune if you get bad tenants.

     Edit: I didn’t vote because I honestly don’t know what I would do without knowing resale values.

    Post # 6
    Member
    3978 posts
    Honey bee
    • Wedding: May 2011

    To me it’s: expensive house now that’s gigantic and I’d have to clean for the rest of my life or fun location with potential for being a great investment. I’d honestly go with the townhouse. But then I’m a city girl and would rather live in the middle of things.

    Post # 8
    Member
    135 posts
    Blushing bee
    • Wedding: October 2011

    the advice i have been given by a lot of family and friends is to start with something small and work your way up to you dream house. They both sound so lovely and i can imagine how hard it is to choose but go with your heart and what is best for the future.

    Post # 9
    Member
    2891 posts
    Sugar bee
    • Wedding: July 2013

    Then I would go with the dream home. It won’t be there later and you may always regret it if your heart is truly set on this being your final resting place and you don’t buy it now Laughing. Sounds like a good buy to me and if you decide it is to much- ramp up the remodel and sell it.

    Post # 10
    Member
    955 posts
    Busy bee
    • Wedding: April 2011

    Buying a house knowing you are going to be strapped for cash is not a smart thing to do at all. It is very hard to give up wants and just go with needs, it is easy to say and very hard to do. Just like the current question… get what is ok and fits our needs or get what we want even though it might put us in a sticky situation. The real estate market isn’t the only thing to question, the job market is not the greatest either. Many people are losing their jobs without any suspicion or clue it would be happening, not that it would happen to you but just something to take into consideration when thinking ou might be putting yourself in a strapped for extra cash situaion. I would go the townhouse route. My thinking is when you are young is when you make the sacrifies to be able to get exactly what you want when you are older.

    Post # 11
    Member
    1932 posts
    Buzzing bee
    • Wedding: June 2008

    I live in a townhouse, and for that reason alone, I would discourage buying one. They are really hard to resell, and the one we’re renting now was on the market for over a year, before they gave up and rented it out.

    It’s really loud here, you can hear the neighbors do everything, I hear their alarms go off, I hear their garage doors open, I hear their dogs, their motorcycles, their conversations, I can even hear them go up and down the stairs sometimes! It’s insane. This one time my hubby and I were being intimate, and someone banged on the wall from the townhome next to us – I was sooo embarrassed and mortified, I have never spoken to that neighbor!

    also, is it an endunit or middle unit? We’re in a middle, and hate that even more. It makes the noise so much worse, plus there isn’t much light in the place, which gets kind of depressing.

    I feel like I can never spend time outside without having to go to the park, because we have no privacy, no yard or anything. I really hate it.

    I would rather have a house, even if I had to pay a little more. After living in a TH, I will never buy one.

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