Reply to Max house price with $350k HHI

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[quote=Anonymous][quote=Anonymous]
This is true. Some tedious people pipe up on every thread to tell people not to add on and that they should only consider knocking down or buying new. It's really not always the best choice but they don't seem to understand that. We just finished an extensive addition and are thrilled with the results. We got the house we want for easily $100,000 less than a new build would have been. At our age, that's not an insignificant difference. [/quote]

A house is often not just about what you want, but what other people want. There are plenty of nice looking houses built 20-30 years ago but they have serious issues that are extremely expensive and tough to remedy through a renovation or addition. These issues include leaky cinder block basements, 8-ft tall ceilings, too few bathrooms, obsolete floor plans, drab/boring exteriors. In my years of buying/selling/building homes in this area, I've seen maybe only 2-3 homes that would have been great candidates for an extensive renovation. Most of the other homes should be updated mildly to freshen up the fixtures/appliances, maybe new flooring/carpet/plumbing. The rest needs to just be torn down and rebuilt.[/quote]

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