hiitdogs
Cathlete
I am going back and forth on this one and I sure could use some advice or opinions.
We have started looking for a new house a few weeks ago. We found a couple that we thought might work.
One is single-level that has everything we want, it is totally upgraded, new bathrooms, new kitchen, new carpet and wood floors, pool, built-in BBQ, large yard, only need to paint the two kids' bedrooms and put furniture in. It's over 1,200 s.ft more than our current house, BUT of course it is on the VERY high-end of our budget.
The other one is a two-story in HORRIBLE condition. It has a pool that has turned green, landscaping is gone. It needs a new kitchen, new bathrooms, new flooring, new EVERYTHING, you get the picture. The mortgage on that one would only be $ 50k more than than our current mortgage, but the house is about 700 s.ft more and it has a pool / spa (if it works).
Soooo, both my DH and I love the first house, but it is about $ 150k more than the second one. My DH does like the second one (mostly because of the price) and already comes up with all of those high-flying ideas about fixing it up. The only positive for me on the second one (other than price) is, that it is within 3-minutes walking distance to the kids' school.
The negative for me, is, it's a 2-story!!! I have two rambactious boys, I am already freaking out at the prospect that they could be do something stupid and fall over the banister/loft. I will be living in "Construction Central" for the next 12 months, if we fix it up - and it needs a lot of fixing . I work from home and I have a hard time functioning, if my house is a mess (been through that with our current house).
The other thing is, and I know this sounds kind of silly, come to find out, the guy who owned it before, died of a stroke at 45 years of age in the house.
My argument is, yes, it is $ 150k less, BUT we will have to put in about $ 60 to 70k, assuming me and my DH are doing most of the work ourselves. So that brings the difference to $ 80k, compared to the other house and I don't have to live in a construction area for the next year.
Any words of wisdom, hit me over the head, call me silly, side with my DH ???? x(
We have started looking for a new house a few weeks ago. We found a couple that we thought might work.
One is single-level that has everything we want, it is totally upgraded, new bathrooms, new kitchen, new carpet and wood floors, pool, built-in BBQ, large yard, only need to paint the two kids' bedrooms and put furniture in. It's over 1,200 s.ft more than our current house, BUT of course it is on the VERY high-end of our budget.
The other one is a two-story in HORRIBLE condition. It has a pool that has turned green, landscaping is gone. It needs a new kitchen, new bathrooms, new flooring, new EVERYTHING, you get the picture. The mortgage on that one would only be $ 50k more than than our current mortgage, but the house is about 700 s.ft more and it has a pool / spa (if it works).
Soooo, both my DH and I love the first house, but it is about $ 150k more than the second one. My DH does like the second one (mostly because of the price) and already comes up with all of those high-flying ideas about fixing it up. The only positive for me on the second one (other than price) is, that it is within 3-minutes walking distance to the kids' school.
The negative for me, is, it's a 2-story!!! I have two rambactious boys, I am already freaking out at the prospect that they could be do something stupid and fall over the banister/loft. I will be living in "Construction Central" for the next 12 months, if we fix it up - and it needs a lot of fixing . I work from home and I have a hard time functioning, if my house is a mess (been through that with our current house).
The other thing is, and I know this sounds kind of silly, come to find out, the guy who owned it before, died of a stroke at 45 years of age in the house.
My argument is, yes, it is $ 150k less, BUT we will have to put in about $ 60 to 70k, assuming me and my DH are doing most of the work ourselves. So that brings the difference to $ 80k, compared to the other house and I don't have to live in a construction area for the next year.
Any words of wisdom, hit me over the head, call me silly, side with my DH ???? x(