Anyone want to buy my house? - PeachParts Mercedes-Benz Forum

pawoSD · #1 10-02-2009, 10:11 PM

Wow, people sure waste their money out there. That house would be 1/3 that price around here. Personally I'd rather have an older home that's not made out of plastic and glue.

You could get a 3,500 square foot house on 5-10 acres around here for less than that!

cmbdiesel · #2 10-02-2009, 10:16 PM

Quote:

Originally Posted by pawoSD

Wow, people sure waste their money out there. That house would be 1/3 that price around here. Personally I'd rather have an older home that's not made out of plastic and glue.

You could get a 3,500 square foot house on 5-10 acres around here for less than that!

Careful there chief.....them's fightin' words

daveuz · #3 10-02-2009, 10:49 PM

Quote:

Originally Posted by pawoSD

Wow, people sure waste their money out there. That house would be 1/3 that price around here. Personally I'd rather have an older home that's not made out of plastic and glue.

You could get a 3,500 square foot house on 5-10 acres around here for less than that!

http://historicproperties.com/results.asp I like to poke around on this site and look at the houses. The way it is going I will be older than some of them by the time I have saved up for one.

riorust · #4 10-03-2009, 12:59 AM

With all due respect, that house has no soul. I would rather purchase an old house that had some character and needed some work, than buy your spec house. It looks like a nice enough pad, just not feeling it, landscaping would help.

riorust · #5 10-03-2009, 03:55 AM

With all due respect, that house has no soul. I would rather purchase an old house that had some character and needed some work, than buy your spec house. It looks like a nice enough pad, just not feeling it, landscaping would help.

Hatterasguy · #6 10-02-2009, 11:33 PM

Quote:

Originally Posted by pawoSD

Wow, people sure waste their money out there. That house would be 1/3 that price around here. Personally I'd rather have an older home that's not made out of plastic and glue.

Compared to some of the 150 year old ballooned framed, fire death traps, 2x3 joist, POS's we have torn down I'd rather stick with the OSB.

Old houses are great if they were expensive old houses, than they were built well. My favorite house is an 1890's victorian mansion that was built on the water in town. That thing is so solid we had 40 people upstairs and downstairs it was like the house was empty. No sound transfer. You could blast Ramstein on the 3rd floor and probably wouldn't hear it in the kitchen. The stonework in the basement is amazing, its also built like a bunker.

But that was a VERY pricey house in 1890, quality costs money.

Back before building codes you got exactly what you paid for, building codes have really helped bring even the cheap houses up to a standard. Personaly I hate old houses, if I can I'll tear it down and build new before fixing it up. Crunch the thing up in the basement with the machine, and haul it away. Cheaper and faster than fixing.

pawoSD · #7 10-03-2009, 02:04 AM

Quote:

Originally Posted by Hatterasguy

Compared to some of the 150 year old ballooned framed, fire death traps, 2x3 joist, POS's we have torn down I'd rather stick with the OSB.

Old houses are great if they were expensive old houses, than they were built well. My favorite house is an 1890's victorian mansion that was built on the water in town. That thing is so solid we had 40 people upstairs and downstairs it was like the house was empty. No sound transfer. You could blast Ramstein on the 3rd floor and probably wouldn't hear it in the kitchen. The stonework in the basement is amazing, its also built like a bunker.

But that was a VERY pricey house in 1890, quality costs money.

Back before building codes you got exactly what you paid for, building codes have really helped bring even the cheap houses up to a standard. Personaly I hate old houses, if I can I'll tear it down and build new before fixing it up. Crunch the thing up in the basement with the machine, and haul it away. Cheaper and faster than fixing.

The older houses around here are pretty solid like the one you mentioned. I used to live in a 1912 house in an upstairs apartment, the floors were solid, and you could not really hear anyone else in the other apartments. The floor beams were huuuge. The second floor had 10" solid beams!

I agree on the cheap old houses, those are pretty scary.

5-6k in property taxes per year is close to 3x what they are here!

I just can't see why people think its worth it to pay so much for homes on the east/west/south coasts. You can get a nice big house with a large property near the coast of MI

for well under 200k...and with low taxes.

Brandon_SLC · #8 10-03-2009, 02:38 AM

Let me put my realtor hat on. There now. You need to do something with your yard, such as landscaping, or pray for 10 feet of snow.

On the other hand, if it really is cheap for Milford it may sell anyway. My sister just bought a pretty cruddy apartment style Condo in N. Seattle for $110k.

Oh yeah, on the bright side she got her mortgage rate locked in at 4.95%. I was shocked to hear they were below 5% again. That should help get some fence sitters to go out and buy. They can still take advantage of the $8k first time buyers incentive, which should really help the low end homes to move briskly for the next couple weeks.

Hatterasguy · #9 10-03-2009, 09:18 AM

Quote:

Originally Posted by Brandon_SLC

Let me put my realtor hat on. There now. You need to do something with your yard, such as landscaping, or pray for 10 feet of snow.

On the other hand, if it really is cheap for Milford it may sell anyway. My sister just bought a pretty cruddy apartment style Condo in N. Seattle for $110k.

Oh yeah, on the bright side she got her mortgage rate locked in at 4.95%. I was shocked to hear they were below 5% again. That should help get some fence sitters to go out and buy. They can still take advantage of the $8k first time buyers incentive, which should really help the low end homes to move briskly for the next couple weeks.

Well the grass is working on growing and since my foot is broke the landscaping is going to take a bit longer. My dad will be planting stuff this weekend to help me out. I'll update the pictures when it starts to look green in a couple of weeks.

Its not sheetrocked yet so I didn't take any interior pictures. People don't have much imagination, you can't show them a new house until its sheetrocked.

I'm hoping that tax credit lures in a first time buyer, since this is the least expensive new home you can get in my city. A lot of Indians are in the market and they only buy new.

Hatterasguy · #10 10-03-2009, 09:21 AM

Quote:

Originally Posted by pawoSD

I just can't see why people think its worth it to pay so much for homes on the east/west/south coasts. You can get a nice big house with a large property near the coast of MI

for well under 200k...and with low taxes.

Jobs, our median income is probably about 3 times what your area of MI's is. Higher income means higher home prices.

CT also didn't have the crazy runup in prices like the west coast. At the height of the boom I might have been able to get another $75k-$100k for it.

SwampYankee · #11 10-03-2009, 10:58 AM

Quote:

Originally Posted by pawoSD

Wow, people sure waste their money out there. That house would be 1/3 that price around here. Personally I'd rather have an older home that's not made out of plastic and glue.

You could get a 3,500 square foot house on 5-10 acres around here for less than that!

That may be true, but you'd have to live in MI.

Actually, it's not really wasting, it all comes down to location and the income potential of those living there. In Hattie's neck of the woods that's not a lot of money, the cost of living is higher but so are the salaries. In central CT that same money would buy a nice 1800's 3K sq.ft. colonial on 1/4-1/2 acre right now.

vipercrazy · #12 10-07-2009, 06:41 PM

that price is a steal what are you guys talking about, last time i looked the avg home price in stamford, 25 min away, was 640k. thats why i dont live there anymore

The Clk Man · #13 10-07-2009, 07:35 PM

I will give you $80,000 right now cash money.

TylerH860 · #14 10-07-2009, 08:07 PM

I just love the nay sayers that have no freakin' idea what they're talking about. I'm sure it will sell if its very competitive with other homes in the area. I have the same size new build house with a finished basement and extra bed /bath for half the price, but its in the middle of nowhere KANSAS. The nearest beach is 500+ miles away.

Most people want new builds, just like how most would rather have a gas and go Honda than maintain an older benz. I think this house looks better than most new builds at this size, too

I see you already cleaned up the spelling. Is the interior not finished yet? My only suggestion is to reshoot the photos getting the entire house in frame and as little of the lack of landscaping as possible. It looks like the facade has some nice detail work to it, so perhaps closer shots to showcase it may attract people.

Hatterasguy · #15 10-07-2009, 08:18 PM

I plan on reshooting the pictures this week when we get a nice day. The interior isn't sheetrocked yet so its kind of pointless to take pictures of it.

I love the nay sayers too, I'm going to really enjoy their reaction when I get it under contract for damn near full price in a month.

Not for nothing but do you think I'm going to lay our a hundreds of thousands of dollars on a spec house in this market, unless I have total confidence in selling it for the numbers I have in mind?

I bought this lot last fall when things were falling apart, and RE prices took a dive so fast it was scary. All my numbers were figured out with a $299k listing price. But the markets didn't fall apart as much as they seemed like they were at the time. So I can get more.