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For our first house I didn't have any idea of what renovations would realistically cost. My family was very DIY and my dad spent many weekends updating things around the house. We went in looking a lot at houses with a lot of potential, not houses we loved on day one in their current condition. The house we bought was livable, but the shine quickly wore off when finishing the basement and adding a bathroom proved to be out of reach for years, not months. We did DIY the backyard and it ended up "nice" but still not somewhere I actually wanted to spend a lot of time relaxing.
The house we currently own I bought with the idea in mind that we would have to like it as is with no plans to update within the next few years. There are things we could do to update/improve but nothing that makes the house disappointing to live in without them. |
To each their own, or maybe you need more inspiration when it comes to decorating and properly lighting basements. Model homes tend to be really good for this -- I've been in some fantastic examples of finished, below-grade basements in decorated builder models. Also check out pinterest etc. |
Same here. I absolutely loved house #1 and we renovated it just to our tastes. It's the only place that ever felt like home. |
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we bought in inner pg county and regretted it for the first 3 years. great house, not great neighborhood.
then, the neighborhood started to turn around. its not there yet, but getting pretty close. 10 years later now and we own our home outright, great neighbors, kids enjoy their private school, and life is good. |
Been there, done it, seen it. No basement remodel ever hides that it's a basement. And I don't spend time in basements. Life is too short. |
This. My husband pushed for this and luckily we purchased at the top of our budget in the desirable neighborhood. Since then we both have been promoted and make more $$ but the first couple years we were house poor. We wouldn’t be able to afford the area now even with what we make. I believe in location. You can change a home overtime but location is key. Also people forget to think about the very expensive issues plumbing, electrical, water line. If you are purchasing an old home that can’t show these items have been updated you need to assume you’ll need to redo/ fix/ update them. It’s very expensive, and not fun like updating a kitchen and bath. And insurance doesn’t always cover it if it’s age that causes the problem… |
| I love my house and my neighborhood, but I find some of my neighbors to be unwelcoming, unfriendly, and somewhat snobby. Luckily, we don't have small children, so we do not feel the need to engage with them. Even if I had known this before we purchased it, I would still have bought this house. We love the house and the beauty of the area. |
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We bought a house bigger than we thought we needed (only 2 kids) and use every room more than we ever thought we would.
Wish we had a bigger yard , but interior we underestimated how valuable the space is now that they are older. |
Do you mind sharing where? |
| We’ve bought and sold multiple houses. I wish I would’ve understood better that the inspector isn’t necessarily on your side or there to protect your interests. They’re there to close the deal. |
Yes, do not pick an inspector recommended by your real estate agent. Get an independent one, that will be honest with you. |
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3 homes, 2 vacation homes in 25 years. I’ve always felt it unbelievable that we got them. I’ve always felt the payment shock but it has always worked out.
Best of luck. |
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There are things you can change with time and money and things you simply cannot. Our first house purchase was what we could afford at the top of our budget (2004). Was a great financial decision but as we got older and had a family it was too small and had no room for expansion. You can't add bathrooms if you have no room. Updating a tiny kitchen doesn't make it bigger or more useful. Second house was a gut reno that we designed ourselves. Large spaces with my dream 400 foot kitchen and large windows overlooking back yard. I loved my sanded and stained in place wide plank red oak. I also picked granite slabs and cabinets I loved.
8 years later I still love my house. I love the footprint. I love my huge, well designed kitchen. I love that I can fit tons of people for entertaining and the location of my house. I love my floors and am thrilled I sent $$$ on them. I don't love my cabinets; paint peeling and wearing poorly. My granite slab is still great but is softer and prone to chipping more than I expected. There are some screws popping and other annoying things. My point is this: Spend $ on things you cannot change. Don't settle for a small house that isn't where you want it to be because you love the new kitchen countertops and appliances. A new induction stove is not worth too few cabinets. |
| Separate out your list of “must haves” and “nice to haves” and be realistic about them. We bought the house that hit all of our must haves and many of our nice to haves. Six years later, I’m still not crazy about the bathrooms, but “nice bathrooms” wasn’t on either the nice to have or must have lists. Number of bathrooms was and I got what I was looking for. Basically, know how you want to live in the house. |
Good advice. You can always update a bathroom if you want. |