Reply to WWYD - House with a ton of work

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I know exactly what house this is. I feel attracted to it every time I see the listing with the pictures of the Japanese garden. But it is a very strange house that, at least to me, really only makes sense with multi-generation living. It's just DH and I, and we wouldn't use all of the space because of the weird way it is all set up (which, I'm sure, was perfect for the prior owners -- but won't work for most in NoVA). And I'm not sure a total reno, that reimagines all of that multi-gen space (like the second kitchen) into something that makes more sense for a couple or a nuclear family, is financially feasible.

If you go see it, though, please report back.  [/quote]

In our case, we are potentially interested in the multi-generational living aspect, but I worry the resale value isn't there for the exact reasons you mention. So when we go to sell - we have a less attractive house for the average buyer. [/quote]

Yeah, if your plan is to leave in 3 years and you don't want to 1) have invested more in a house than you can get out of it, and 2) worry about having a hard time selling it, then I'd say it's an easy no. This is a house that just really needs the right buyer, and I have a hard time imagining someone who wants to move in 3 years or so being that buyer (especially if you want to move to a lower COL place ... that tells me money matters for you, and that is a real issue when you'd need to put a lot into this house that you wouldn't get out). [/quote]

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