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[quote=Anonymous][quote=Anonymous]Sounds like Philly. We put $200k+ into a house in Philly and while it sounds like a lot, we still have next to no closet space, some failing plaster, a small amount of knob and tube, a bathroom that still needs updating, and omg the amount we pay in property insurance for these 100 yo stone houses. Literally several times what people pay elsewhere, although it sounds like you’re south Philly and maybe not in the stone houses in the northwest part of the city. But I guess there’s something to the old houses and there’s no substitute for family if they’re nearby. I’m not from here but kind of like the gritty nature of this place. And it’s wild to have so much space inside a big city.

I honestly don’t know what I would do in your case but if you’re budgeting $200k, plan to spend $350k. And that amount sounds like way more than $200k to me as an estimate.
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I did think Philadelphia and the stone houses in the NW. Not sure where in South Philadelphia this would be?

200k can cover a lot if doing the critical improvements. Can upgrade bathrooms over time, not all at once. I'd probably stay but be realistic about what can be done. Seems like a complete overhaul would be closer to 400-500k. A nice kitchen remodel is going to be 100k at a minimum, 20k min per bathroom and then the rest. But maybe DC standards are higher. [/quote]

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