Going on 10 years residency at current home and I swear...

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it needs probably about $100K or more to get in tip notch shape.

Do not get me wrong it's a nice house and we have taken care of it. But between totally gutting the outdated masters bathroom and totally redoing it, then gutting the outdated deck and totally redoing it as well, and then replacing of the windows ( which can run $50k or more alone as they're just not energy efficient) as well as several doors that probably need replacing...well were are talking a small fortune.

We could go on living very comfortably for years in the current state of the house but probably really need to address some of these issues.

Anyone else have the mentality "hey let's buy a house but boy oh boy did not realize what an ongoing headache it can truly be " ??

And this coming from an absolutely "non-fixer upper" type guy
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  • Profile picture of the author tagiscom
    Originally Posted by discrat View Post

    it needs probably about $100K or more to get in tip notch shape.

    Do not get me wrong it's a nice house and we have taken care of it. But between totally gutting the outdated masters bathroom and totally redoing it, then gutting the outdated deck and totally redoing it as well, and then replacing of the windows ( which can run $50k or more alone as they're just not energy efficient) as well as several doors that probably need replacing...well were are talking a small fortune.

    We could go on living very comfortably for years in the current state of the house but probably really need to address some of these issues.

    Anyone else have the mentality "hey let's buy a house but boy oh boy did not realize what an ongoing headache it can truly be " ??

    And this coming from an absolutely "non-fixer upper" type guy
    No, our houses typically go for a million here, due to so many, after being screwed over by incompetency, stupidity and corruption have to sell their homes to survive.

    No one here can consider buying a new one, only trying to hang on to quickly rising rental properties, and hope that the rules don't change and their job stays intact.

    My take is to hang on, and let it be if it is structurally sound, and create wealth.
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  • Profile picture of the author Odahh
    My parents house was like that. That is why I would rather have a big chunk of land with small buildings that have the same function as a house but much easier and cheaper to replace and update.
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  • Profile picture of the author lanfear63
    Originally Posted by discrat View Post

    it needs probably about $100K or more to get in tip notch shape.

    Do not get me wrong it's a nice house and we have taken care of it. But between totally gutting the outdated masters bathroom and totally redoing it, then gutting the outdated deck and totally redoing it as well, and then replacing of the windows ( which can run $50k or more alone as they're just not energy efficient) as well as several doors that probably need replacing...well were are talking a small fortune.

    We could go on living very comfortably for years in the current state of the house but probably really need to address some of these issues.

    Anyone else have the mentality "hey let's buy a house but boy oh boy did not realize what an ongoing headache it can truly be " ??

    And this coming from an absolutely "non-fixer upper" type guy
    You must compare the cost to buying a new or updated house, then you will see the virtues of spending the 100k or not. You did not say if the 100k would be spent on outside contactors doing the upgrades either.

    I would have the house valued as is at this point. You might find that it's location might push up the price a lot and you could move into a new or move in ready place at little or no extra expense.

    But, these are just other options to consider. You look like you want to stay their, just balking at the cost to keep it updated.
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  • Profile picture of the author Dan Riffle
    Maybe I missed it, but you didn't say you're looking to move. If you're staying, replacing "outdated" spaces is a want not a need.
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    If you want me to go on arguing, you'll have to pay for another five minutes.

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  • Profile picture of the author socialentry
    100 k for avoiding the inevitable karens that come with condo living is well worth the money.
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    • Profile picture of the author discrat
      Originally Posted by socialentry View Post

      100 k for avoiding the inevitable karens that come with condo living is well worth the money.
      Yeah but there is something intriguing about a high rise condo in the 7th largest city in the country and to be honest it is alluring to us; the hustle and bustle of the city life with exciting places to go to and cultural activities to participate in. I don't know it's up in the air right now, but it will be when the kids leave and we have an empty nest in about 7 years or so. And probably just stay in the condo for 5 years or until we got tired of the city life
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      • Profile picture of the author lanfear63
        Originally Posted by discrat View Post

        Yeah but there is something intriguing about a high rise condo in the 7th largest city in the country and to be honest it is alluring to us; the hustle and bustle of the city life with exciting places to go to and cultural activities to participate in. I don't know it's up in the air right now, but it will be when the kids leave and we have an empty nest in about 7 years or so. And probably just stay in the condo for 5 years or until we got tired of the city life
        Are you talking about San Antonio, probably not, it was not that big. I would probably want to escape the hustle and bustle of a city as I got older, but you are missing it and want to do the reverse. Grass is greener? In any eventuality, it would be a good thing to spend that 100k over time as an asset to making the house more current and attractive to buyers.
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        • Profile picture of the author discrat
          Originally Posted by lanfear63 View Post

          Are you talking about San Antonio, probably not, it was not that big. I would probably want to escape the hustle and bustle of a city as I got older, but you are missing it and want to do the reverse. Grass is greener? In any eventuality, it would be a good thing to spend that 100k over time as an asset to making the house more current and attractive to buyers.
          Yeah San Antonio. It's 7th largest in US.

          New York City, NY. Population: 8,804,190. ...
          Los Angeles, CA. Population: 3,898,747. ...
          Chicago, IL. Population: 2,746,388. ...
          Houston, TX. Population: 2,304,580. ...
          Phoenix, AZ. Population: 1,608,139. ...
          Philadelphia, PA. Population: 1,603,797. ...
          San Antonio, TX. Population: 1,434,625. ...
          San Diego, CA. Population: 1,386,932
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          • Profile picture of the author DWolfe
            Originally Posted by discrat View Post

            Yeah San Antonio. It's 7th largest in US.

            New York City, NY. Population: 8,804,190. ...
            Los Angeles, CA. Population: 3,898,747. ...
            Chicago, IL. Population: 2,746,388. ...
            Houston, TX. Population: 2,304,580. ...
            Phoenix, AZ. Population: 1,608,139. ...
            Philadelphia, PA. Population: 1,603,797. ...
            San Antonio, TX. Population: 1,434,625. ...
            San Diego, CA. Population: 1,386,932
            Surprised that Washington DC is not in that list.
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  • Profile picture of the author Kay King
    D.C. has less than 700,000 people..
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  • Profile picture of the author jacknoold
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