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Reply to "What much compromise is too much compromise?"
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[quote=Anonymous]We live/bought in DC proper and knew that we were most likely looking at something of a fixer in order to get in a neighborhood we preferred. The things we wouldn't compromise on were commuting time/distance, off street parking, 3 bedrooms/2 bathrooms, and stuff within walking distance. Ultimately got the things we absolutely wanted but definitely got a fixer with a somewhat unique layout that was old and needed work. Eventually we will have to redo the kitchen and both bathrooms (and hopefully add a half bath). We also don't have a master suite and while this wasn't something we cared much about, we know that for resale value it could be an issue. The house also needs other things like ac (which we already put in), a new hot water heater, new windows, etc. We were also flexible about neighborhood schools - we're zoned for ok, but not great schools. The thing is, we don't have kids yet, and while I know if/when we do the school thing it will be something we'll have to deal with (or will also be a "hit" for resale purposes), we really found that we needed to focus on our current needs and hope that other things could be dealt with down the road. We know that over time we can fix the house (even though it will be lots of work and cost money) and we also figure that we'll deal with the kid/school thing when it becomes an issue as well: move again or private. While moving again or going private aren't ideal, it is till at least 5 or 6 years down the road for us at this point. I think it is tough when trying to decide what to compromise on and that it varies depending on the people doing the buying. You need to focus on the 2-4 things that you feel like are a must to make you happy and figure out what the other things are that you can at least work with and go on from there.[/quote]
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