Looking for Home builder/Contractor.
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cheaper, yes. But sometimes its better in the long run to just start over.
Perhaps I missed it. Is this something to retire in, or just an investment?
also, is the property just really deep? Because it looks like the neighboring house is pretty close
cheaper, yes. But sometimes its better in the long run to just start over.
Perhaps I missed it. Is this something to retire in, or just an investment?
also, is the property just really deep? Because it looks like the neighboring house is pretty close
Yes, it is more narrow than wide. Retirement. The house I will be decrepit and die in.
madmantrapper
Ultimate Member
Me I thought you are only 48. Maybe I miss read it.
He'll die in the house, but not for a long, long time!
Is this property on well and septic ?
IF you 'start over', you need to have sprinklers and a 'best available technology' septic. Also, your house has to be built to current energy efficiency codes. So in a neighborhood of homes of a given size and price, your home will always be 100k higher than the competing homes. No problem if you choose to grow old and decrepit in that neighborhood (kids are a block a way, it is close to your bridge club or the VFW ;-) ), but if your future plans involve moving somewhere else, it can be an issue. Most of the 'start over' development happens in areas where there is enough pressure for people to turn a property with a 1800sqft ranch into a 5000sqft McMansion.
Yeah. As we are talking and looking into this more, it looks to be more complicated and would easily get into 400k. The land is the blue ribbon winner here and the bank is not going to give it away.
I'm happy with the little we paid for our current house considering where it is. But when I start thinking about 300-500k houses in the future, I start to think about how much more house/land that gets you in other parts of the country.
-Mil-Surp-Phreak-
Ultimate Member
Amen brother, my brother in law and his soon to be wife just moved out to Colorado, just about an hour outside of Denver and they got 10 acres and a NICE house and the property has 3 Pole Barns, one with a fully setup machine/wood shop under $400K. Makes me wish my kids were a bit older so we wouldn't have to worry too much about the school systems and such, thats why we are stuck here in MoCo.
Heres what 400K will get you in Colorado.
redeemed.man
Ultimate Member
That is awesome! Beautiful!Amen brother, my brother in law and his soon to be wife just moved out to Colorado, just about an hour outside of Denver and they got 10 acres and a NICE house and the property has 3 Pole Barns, one with a fully setup machine/wood shop under $400K. Makes me wish my kids were a bit older so we wouldn't have to worry too much about the school systems and such, thats why we are stuck here in MoCo.
Heres what 400K will get you in Colorado.
Name Taken
Ultimate Member
Build your "forever house" in MD....come on man.
It literally blows me away when you look at what 300k buys you elsewhere in this country.
Find some place that wont tax your retirement and relocate.
I plan on going full retirement mode. I want a 65 over community where I don't have to lift a finger outside.
It literally blows me away when you look at what 300k buys you elsewhere in this country.
Find some place that wont tax your retirement and relocate.
I plan on going full retirement mode. I want a 65 over community where I don't have to lift a finger outside.
pilotguy299
Ultimate Member
You really want to stay here after retirement?
I am only still here because I have kids in school. Once they are done, I am done with this state.
Plus impact fee? If he starts over from scratch with a new foundation, will the county charge an impact fee? It's at least $30K where I am and at least $50K in two neighboring counties. That fee is straight off the top and includes nothing else.
This house may have many unseen issues. Previous owner made some agreements with AA County about an experimental Sewage disposal system. For which the county gave a 12k grant. With that, what looks to me (IANAL) restrictions on additions or changes to current house.
Has to be a reason a 500K house is selling for 1/2 that amount.
Contact the County, get stuff in writing and trust NO ONE.
Has to be a reason a 500K house is selling for 1/2 that amount.
Contact the County, get stuff in writing and trust NO ONE.
4,000 sq ft on a postage stamp??? That's not exactly a baby sized house.
3 floors maybe?
Did you sell that really nice log house?
fabsroman
Ultimate Member
4,000 sq ft on a postage stamp??? That's not exactly a baby sized house.
Never said it was a baby sized house. Just that it is a baby sized lot. She is the minimum distance from the neighbor behind her, which if I had to guess would be somewhere around 10 feet. Way too close to that fence for my liking. The steps to her front door lead right down to the street. She is on a corner lot, and if they built a garage on the house there would be very little grass left.
Then again, maybe I am used to 2 acres and everything else is small. At my other sister's house in Chevy Chase, the driveway runs between the sunroom and the neighbor's retaining wall. I can barely squeeze my truck through to get to the parking pad in the back of the property.
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