| Posted By |
Message |
Ang-Rich
Beyond Compare
Member since 5/05 17988 total posts
Name:
|
Need some opinions to help me think this through
Two houses - which would you choose:
1. Renovated cape with extension and rear dormer. Detached garage and renovations would allow for a good amount of time before making changes - basically we can live with it for now. Small lot further and quiet neighborhood. More money than #2 by $30k.
or
2. Cape with no extension or any dorming. Detached garage. Needs renovation but huge lot. One block from a busy road but lots are large enough to buffer quite a bit. Less money than #1.
Thanks 
|
Posted 7/15/06 7:06 PM  |
| |
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
csorisi
My 2 LOVES
Member since 11/05 1984 total posts
Name:
Corinne
|
Re: Need some opinions to help me think this through
Although I don't have an answer for you go with the one that you think will be the better investment and where you will be happier in the long run. As for the house one block off a busy road, my DH & I bought a house on a quiet block but 1 block off a busy road & it isn't that noticeable. I hope that helps.
|
| Posted 7/15/06 7:13 PM |
| |
|
SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
|
Re: Need some opinions to help me think this through
#1
dormers are $$$$! and since this one has a dormer already, you're ahead of the game (compared to house #2)
also, I would definitely not want to live near a main rd. not good for the kiddies! 
Message edited 7/15/2006 7:29:06 PM.
|
| Posted 7/15/06 7:28 PM |
| |
|
|
|
Re: Need some opinions to help me think this through
Posted by SweetestOfPeas
#1
dormers are $$$$! and since this one has a dormer already, you're ahead of the game (compared to house #2)
also, I would definitely not want to live near a main rd. not good for the kiddies!
I agree
|
| Posted 7/15/06 7:46 PM |
| |
|
ckdk
My girls
Member since 5/05 7027 total posts
Name:
Cheryl
|
Re: Need some opinions to help me think this through
#1, 30k in a 30 year mortgage is like nothing.
|
| Posted 7/15/06 8:04 PM |
| |
|
julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
|
Re: Need some opinions to help me think this through
#1, dormers are expensive!
|
| Posted 7/15/06 8:05 PM |
| |
|
MABLE03
I <3 SATC
Member since 6/06 4563 total posts
Name:
Fabulous
|
Re: Need some opinions to help me think this through
#1
|
| Posted 7/15/06 8:06 PM |
| |
|
Maathy317
Grammie's Little Man
Member since 2/06 3235 total posts
Name:
D
|
Re: Need some opinions to help me think this through
Have to go with #1. A dormer is already on. If you wanted to expand later, a dormer would cost much more than $30k.
|
| Posted 7/15/06 8:11 PM |
| |
|
MommaG
Yay Spring!
Member since 5/05 5133 total posts
Name:
Gloria
|
Re: Need some opinions to help me think this through
I would say #1 also. So many people buy houses thinking they'll expand later and then don't, due to financial reasons or whatever. Always good to have more room from the beginning. Also, as they say in real estate, location, location, location is the number one priority. I would think further away from the main road, even on a smaller lot, would be more desirable.
|
| Posted 7/15/06 9:43 PM |
| |
|
Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name:
Karen
|
Re: Need some opinions to help me think this through
Posted by Maathy317
Have to go with #1. A dormer is already on. If you wanted to expand later, a dormer would cost much more than $30k.
this was my gut instinct also!!
|
| Posted 7/15/06 9:46 PM |
| |
|
Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
|
Re: Need some opinions to help me think this through
Definitely number 1
To dormer a cape will cost way more that 30K
|
| Posted 7/16/06 8:38 AM |
| |
|
danielleandscott
My new 71 Super Beetle
Member since 5/05 13476 total posts
Name:
Scott
|
Re: Need some opinions to help me think this through
Post pics of the front of each house
|
| Posted 7/16/06 8:52 AM |
| |
|
KPsquared
Member since 5/05 4663 total posts
Name:
|
Re: Need some opinions to help me think this through
I agree #1. When you calculate 30k over 30 years it is worth it get the house that is dormered with an extension over a house that isn't.
Message edited 7/16/2006 10:22:18 AM.
|
| Posted 7/16/06 10:21 AM |
| |
|
Freddie
LIF Adult
Member since 3/06 1162 total posts
Name:
Freddie
|
Re: Need some opinions to help me think this through
I agree - #1 sounds like the better option. What concerns me more - id the location of #2 to a busy road
|
| Posted 7/16/06 5:55 PM |
| |
|
ODonnell
.
Member since 9/05 5983 total posts
Name:
|
Re: Need some opinions to help me think this through
Definitely #1. We spent 50K the first year just on a couple of upgrades. Our semi-dormer is going to cost us double that again.
|
| Posted 7/16/06 7:18 PM |
| |
|
johnsae
Sip.
Member since 3/06 18677 total posts
Name:
|
Re: Need some opinions to help me think this through
#1
|
| Posted 7/16/06 8:22 PM |
| |
|
Jessee
LIF Adult
Member since 3/06 1260 total posts
Name:
Jessee
|
Re: Need some opinions to help me think this through
From that description, I would pick #1, but I'd also REALLY consider location. Are they both in the same town? If not, is there one town you would rather be in?
|
| Posted 7/16/06 9:46 PM |
| |
|
2Pisces
Life Coach
Member since 2/06 3337 total posts
Name:
Paige
|
Re: Need some opinions to help me think this through
 I think the lot size of #2 would be appealing but in the long run with a quiet neighborhood and the dormers #1 would be the best choice.
Good Luck 
|
| Posted 7/17/06 9:34 PM |
| |
|
MrsA
.............................
Member since 1/06 2012 total posts
Name:
|
Re: Need some opinions to help me think this through
Im in the minority, but I'd go w/ #2 if the lot size if significantly bigger and IF you plan on staying in that house for a long time. I rather be able to expand the house my own way/ own style when I was ready.
|
| Posted 7/18/06 9:45 AM |
| |
|
Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
|
Re: Need some opinions to help me think this through
#1- same reasons as everyone else
|
| Posted 7/18/06 9:51 AM |
| |
|
Summer05
LIF Adult
Member since 5/05 2320 total posts
Name:
|
Re: Need some opinions to help me think this through
I would go with #1 as well.
|
| Posted 7/18/06 9:53 AM |
| |
|
Bebalina
<3
Member since 6/05 2922 total posts
Name:
N
|
Re: Need some opinions to help me think this through
I'd go with #1...has a dormer already.... and gives you a chance to live in there to decide what you have to renovate based on taste not on need...
|
| Posted 7/18/06 9:55 AM |
| |
|
