would you choose: new house or nicer neighborhood?

Anonymous
Faced w/ this decision: Great new house is on a street of eight homes, but then you're out on a road without sidewalks, so you can't walk anywhere. Park and shopping are a quick drive. Older home is in a walkable neighborhood w/ a lake but would require some rehab (tree removal, new kitchen, baths, other...) and is further from park & shopping. Just curious - what would other people choose?
Anonymous
Location, location, location. I would choose neighbourhood definately. I would rather have an OK house on the best street than the best house on an OK street. You can always renovate a house not a street. Also of course for resale value. Good Luck
Anonymous
That's a tough one! I love walk-ability, but I also wouldn't have the patience/temperament to renovate. No wisdom here, but just to say that I don't think you're crazy for agonizing about it, LOL. Let us know what you decide. Good luck.
Anonymous
I would take an older house close to park and shopping, but I guess that's not a choice is it?? Can you do the renovations before you move in? If so, I would take the older house. However, it doesn't sound like the new house is in a bad neighborhood - just that it is not as walkable. I do like the idea of being on a lake!
Anonymous
If in both places I have to drive to shop and go to the park, I would pick the walkable neighborhood. Then again, I don't mind living in a rundown house. Right now my house is pretty rundown but it's three blocks from the metro. So you can see my priorities right there.
Anonymous
Choose the house with the most room for your family-this will be your biggest hassle in the years to come-not enough space!
Anonymous
We chose the better, walkable neighborhood. It is great being able to walk out my door and go down to the lake or the park.
Anonymous
The neighborhood would have to be pretty compelling...I agree with PP, pick the house that will accomodate your fam!
Anonymous
I pick neighborhood first, house second. Some things you can't change are the neighborhood and the lot. For me a nice lot is #1 priority. Unlike most posters, I could NOT live next to a metro and see my neighbors. I would live next to a metro, if my home were surrpounded by trees. I also cannot listen to traffic, horns, and sirens.

The lake feature would really appeal to me.
Anonymous
Neighborhood first. I don't know how old your kids are, but I cannot imagine living in a neighborhood without sidewalks. Also, you have no idea what a brand-new neighborhood will turn into - have all the houses sold? WIll any new buyers foreclose? An established neighborhood is really valuable and a wonderful place to live. And no matter what they do to the new house, you can't buy old trees!
Anonymous
In my mind a neighborhood would be a better place for kids to grow up in, assuming you have any. A house on a street of eight and then a road doesn't sound like it lends itself to much of a neighborhood with lots of (good) activity.
Anonymous
New construction is often (not always) energy inefficient. Thin walls, builder-grade (cheap) windows, and huge open spaces that are expensive to heat and cool. Older houses (maybe 50+ years) tend to have thicker walls, smaller rooms and lower ceilings and therefore are much more energy efficient. (My 100-year-old house has 12-foot ceilings; not cathedral space, but not a cave, either.)

The neighborhood thing is a big consideration, but all other things being equal, I'd go for a nice solid old house that needs some updates before anything built in the last 10-20 years. You can replace windows, bathrooms, kitchens, etc. But you can't fix a double-story foyer or tyvek-on-particleboard walls.
Anonymous
Anonymous wrote:New construction is often (not always) energy inefficient. Thin walls, builder-grade (cheap) windows, and huge open spaces that are expensive to heat and cool. Older houses (maybe 50+ years) tend to have thicker walls, smaller rooms and lower ceilings and therefore are much more energy efficient. (My 100-year-old house has 12-foot ceilings; not cathedral space, but not a cave, either.)


I would disagree with this. As long as you're not talking about tract housing, newer houses are typically much more energy efficient than older ones. A great deal depends on the quality of construction.
Anonymous
Neighborhood
Anonymous
Given today's market - not sure why you can't find something better in "nicer" neighborhood.

Things are not going to move anytime soon.

If I was given the option -I might keep looking.
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