I'm going to put in another pitch for bachelor #2 even though I know my argument isn't going to go over well in this crowd. : )
#2 sounds like a better investment.
It's generally a better idea to buy the lower house in a better neighborhood rather than one of the better houses in a more questionable neighborhood when it comes to resale. At least, that's what I've heard.
Also, the larger house is one you could grow into over the years. Money is tight when you first move into a house, especially your first, but it does get better. You don't need to do all that remodelling at once but over time, when it gets done, you'll have quite a gem on your hands - to either live in and enjoy or sell and make a tidy amount on.
The craftsman is lovely, and I can see its appeal for a single person of taste : ) (I myself am having fantasies about living there in some alternative life) but bachelor #2 ... more ambitious and more potential.
I know, investment is probably not your priority here but I felt the question had to be raised. Also, are the neighborhoods changing at all? Getting worse? Better?
All that aside, CONGRATUALATIONS!!! Yes, exciting. Do you have a cushion so you can sleep easily at night? Someone you could borrow a few mortgage payments off of just in case? My brother bought his first place recently and was a wreck - a year later though he's saying "why didn't I do this sooner??" It will be fine. : ) Whichever you choose you HAVE to keep posting lots of pictures re remodelling, decorating etc. I live in a newish, boring, completely characterless California home. I envy you deeply. : )
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Date: 2005-11-13 05:16 pm (UTC)#2 sounds like a better investment.
It's generally a better idea to buy the lower house in a better neighborhood rather than one of the better houses in a more questionable neighborhood when it comes to resale. At least, that's what I've heard.
Also, the larger house is one you could grow into over the years. Money is tight when you first move into a house, especially your first, but it does get better. You don't need to do all that remodelling at once but over time, when it gets done, you'll have quite a gem on your hands - to either live in and enjoy or sell and make a tidy amount on.
The craftsman is lovely, and I can see its appeal for a single person of taste : ) (I myself am having fantasies about living there in some alternative life) but bachelor #2 ... more ambitious and more potential.
I know, investment is probably not your priority here but I felt the question had to be raised. Also, are the neighborhoods changing at all? Getting worse? Better?
All that aside, CONGRATUALATIONS!!! Yes, exciting. Do you have a cushion so you can sleep easily at night? Someone you could borrow a few mortgage payments off of just in case? My brother bought his first place recently and was a wreck - a year later though he's saying "why didn't I do this sooner??" It will be fine. : ) Whichever you choose you HAVE to keep posting lots of pictures re remodelling, decorating etc. I live in a newish, boring, completely characterless California home. I envy you deeply. : )