If you are up for the renos I'd go for it. Very exciting! It is amazing what a coat of paint can do - but it does tend to make everything else look more shabby than it did at first!
Good luck.
Is the road busy all the time?? We live on a busyish road but it is very quiet at night so we cope. Also we got a lot more house for our money on a busier road (its only 2 lanes)
We had a hideous kitchen (all dark brown timber and a copper range hood) and we cheaply painyed the cupboards gloss white and bought new silver handles from ebay for 99c each. we replaced the range hood (also ebay) and the kitchen now looks totally different.
What is under the carpet?? Can you rip it up and have polished boards?? Would a few well placed rugs cover it until you had the money??
Hire a cleaner to come and do the bathroom before you move in.
I would buy it but thats me you need to do what you feel best about.
it is only a 2 lane as well.
i would say only people who live there would drive there at night. otherwise no real reason - no schools on the road etc.
I said the same to DH - a bit of white gloss on the cupboard doors and some laminate inside the shelves could make a world of difference until we can afford to renovate properly in 5 + years.
The paint i can do myself - actually excited about it lol!
I dont know what is under the carpet... will see if we can see. but i would say concrete as it is a b&t home. We would have to work out if we wanted to tile some of the areas first.
the bathrooms ewww they were grose - i guess i would do a scout for new shower screens.. they always make it look nicer.
we are going to offer $20k less then advertised price.. and use them money to bring back up to scratch... i guess we have to hope it works out!
Where is the 3 bedroom house?
If it is in a better location I would go with it.
If a house is discounted because it is in a bad loacation (in this case the road), when the market moves it will move more slowly so if you want to sell and move in a few years a poor location will have an impact on the resale value.
Also ask yourself how much the renos will cost and how much that will affect the resale value. If it was renovated what would it be worth? How much will the renos cost? Sometimes renovations can cost more than the value they will ad in which case you will lose money on the property.
I've lived near a busy road - it can old quickly having to wait 5 minutes for a gap in the traffic so you can get out of your driveway and having impatient drivers up your bum when you want to pull in.
I should say that the very idea of renovating makes me shudder. I used to think it would be fun then I painted a few doors and after that I had it out of my system.
lol thanks girls - we are seeing it again tomorrow.
DH and i drove past tonight and sat for a while.
At 630pm in 10 mins only 6 cars drove past. so that is promising.
Brontide. the 3 bed house is in the same area. i am doing a comparison of a newer nicer 3 bed for the same price of this house which needs TLC it isnt a bad area. Actually a nice area,
As for the road. keep in mind the population of this town is about 11000 lol. so wouldnt be an issue of getting out in the traffic as such. but i understand what you mean .
i am actually excited about renovating... weird actually - every day is kinda like groundhog day - the thought of having a project is exciting for me! lol. I love painting houses. i almost took an apprenticeship a few years back ! hehe. people think i am weird but i find it extremely relaxing and therapeutic painting large spaces ,,,,, mmmm sounds like a dork now.
Anyhow DH and i are going to sit down and work out $$ tonight so we are all prepared.
Our next issue would be getting a long settlement so we arent paying too much double up (as we are in lease until dec
When we were looking at our current house DH and I were concerned that the road would be too busy. We drove by at different times during the day and night to see what the traffic was like. It paid off.
Well update.
We went a had a better longer look.
We decided the layout and design of the house is fab!
but would have too much work for the price they want...
and i couldnt convince DH on the road.
I see his point though. He said : wouldnt you rather a street your kids can ride their bikes in.
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