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. . . and what' you're finding out there. Are you looking at older homes that need fixing? (and are you considering 203k or Home Path loans?) New builder-built homes? Anyone constructing custom homes? (Is that even economically feasible for the majority of us?)
Are you finding what you want? Just curious because I pretty much hate all the options out there in my area.
What area are you in? We didn't like the options here in Orlando, so we decided to build a new home (not custom). We were looking for a home to grow in, so something with the most space for our budget and nothing that would require lots of TLC. We ended up finding what we were looking for with Toll Brothers; they were offering the biggest lots of the new constructions that we had seen. The lot is on 0.6 acre and has 5 rooms and 4.5 baths.
Thanks for your answer -- I realize everyone's situation is different. Would like a modern, small, energy efficient home, duplex, or house with the potential for an ADU. I'm a non-conventional person and the idea of living in a subdivision with cookie cutter builder houses repulses me a bit. Still trying to weigh my options.
I like the older architectural style and floor plans from the 1970s. Cookie cutter neighborhoods are repulsive to me and mature trees were a must have.
I bought a single family home built 1978. Appraised value was 198k. Purchased for 163k.
Stone exterior; granite countertops; totally updated from top to bottom. No popcorn ceilings. Its a split level which is very energy efficient. 3 bedrooms 2 baths. 2400 sq ft.
My first home was a duplex built 1979. Fixed upper with 3400 sq ft combined. Each unit had 3 bed 2 bath. I have totally updated the house. Its worth about 210k today and I purchased for 175k in 2008.
Did you have a lot of structure repair? The 70s houses around here are really hideous and most are in poor shape.
The houses from the 1970s here were built during an economic boom. They are made of very high quality materials. Replacement cost is 280k These houses were not thrown together like what I see with new construction in this area. Plus; that was a time of good growth; so the lots are more ideal than what is available now in new construction. These were built as premium homes in premium neighborhoods that are not declining.
the exterior is natural rock from a nearby quarry that is now a landfill on the north side of town.
The bedrock on my lots are very high. No structural damage despite the earthquake we had in 2011I will keep what you say in mind when I look at places. We are a poor town, so the premium areas are still good, and probably out of my price range. And probably too big for me, to boot.
While I agree that older homes (which we live in now) have more character, we are gonna build a new home with an open floor plan and a big master bath and eat in kitchen with a breakfast bar. I have always wanted that!