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Reply to "what do we think of gut rehab flips?"
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[quote=Anonymous][quote=Anonymous]And some of us homeowners in these <1930s DC houses spend a buttload of cash renovating them with the idea that we will keep living in them and demand top quality. If you're 29 and your boyfriend Josh is 29 and you're just going to live in your Eckington / Trinidad / Truxton Circle / Petworth newly flipped rowhouse for 4 years, knock yourself out. You're moving to Arlington, anyway in 2017. The cheap-ass materials THAT YOU CAN'T SEE will in fact last you for your 4 years. The PVC plumbling, the low-price sockets, the seconds-quality warped framing 2x4s holding up your killer backsplash even! I'm serious, all this crap like the poorly flashed roof won't be your problem, because you'll be in the Yorktown pyramid the minute little Iris turns 4 years old. But for those of you planning on staying for 10+, I'd keep looking for a property I could rehab **myself** with a general contractor. Why would you buy trouble?[/quote] Hilarious summary of a large faction of buyers I think. I say this as someone that could fit that mold but bought a non-updated houses in upper NW because I was fearful of raising my children in a transitional neighborhood to begin with. We plan to update soon after living here a while. I would definitely be in the Arlington faction if I were buying after I had kids and I knew what a big deal it is to change neighborhoods and schools past a certain age.[/quote]
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