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Real Estate
Reply to "Buying an old house regret"
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[quote=Anonymous]Newer homes have some issues too. Take Avenil. Wonderful community but trapped in early 1990s and a time bomb for new owner as everything major in a house has a 30-40 years life expectancy. New homes depreciate a lot as next owner does not get new home and next owner gets time bomb where 100 percent of house goes at once. My 1975 house, has had kitchen and all five bathrooms redone since new and new windows and roof and new HVAC. All that work done since 2005. Prior owner did majority of work. I did windows and floors. Which make my 1975 house a "newer" house then a house build in 2004. Actually a much better house as 2004 house everything is turning 16 years old and next owner has a time bomb of repairs as builder grade crap at year 20 starts to fall apart [/quote]
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