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Old 09-07-2019, 12:37 PM
 
Location: The Berk in Denver, CO USA
14,244 posts, read 20,750,913 times
Reputation: 23411

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1. It was a [side-by-side] duplex. Wanted one for lower maintenance.
2. The price meant no mortgage. Important psychologically at ages 63/54.
3. Gentrifying neighborhood. The Latino gangs had moved out.
4. Great WalkScore of 90.
5. In the Socialist Paradise of the City & County of Denver.

Eight+ years later and:
46 restaurants within 6 blocks of our house.
5 breweries within 6 blocks.
Market value of house is up 74%. Think what it will be when we sell in20+ years. LOL.
Our immediate neighbors are great.
Our Socialist rulers are still keeping our real estate taxes at 0.5% of market value.
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Old 09-07-2019, 01:53 PM
 
Location: Minnesota
1,605 posts, read 1,375,803 times
Reputation: 2133
The market was hot, and we wanted a master bath and a ranch style house on one level. We had built a split level home 8 years before, and a friend of ours who's a relator told us she could get X for our house if we listed soon. It was a number quite a bit higher than I guessed our home was worth.

We contacted a builder, picked a lot a block away since we absolutely love our neighborhood and location, and commenced having the home built. It helped that we'd already picked out a house plan a year before in anticipation of building in the next few years.

Our old home sold the fist day it was on the market at the asking price, but our new home was about 2 months away from being done. Fortunately we closed on the old house and the new owner rented us the home for the 2 months we needed. It all worked out splendidly well.

It's really nice when you can sell in a hot market, but not have to buy another existing home in the same hot market. Financially we came out very well selling our old home and building the new one. The timing was everything.
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Old 09-07-2019, 03:08 PM
 
Location: equator
3,839 posts, read 1,678,747 times
Reputation: 9600
Oceanfront new construction we could afford.

Concrete solid building, views of the rolling waves, 2 full baths with gigantic showers. All marble/tile/porcelain with no carpet.

Infinity pool. No winter.
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Old 09-07-2019, 03:41 PM
 
Location: Southwest Washington State
22,688 posts, read 14,884,299 times
Reputation: 32522
We looked for almost three months. We wanted a small flat lot, nice neighborhood, three car garage, storage space, gas kitchen, one level, and an uncomplicated and efficient floor plan.

We finally found our house the day after it was listed. We did not get a three car garage, or a gas kitchen, but the house has everything else, including nice finishes and a large kitchen.

We looked at so many houses, that we recognized that this house was right for us immediately. It was more than we wanted to pay. But it has appreciated quite a bit. And we have updated it every year for us. We are happy with our house.
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Old 09-07-2019, 04:48 PM
 
Location: Western MA
1,648 posts, read 1,089,387 times
Reputation: 4338
I had no plans to move. But I was laid off from my job and was lucky enough to find a great job about two hours away. I had started the online real estate search when I started the interview process for the new job. That gave me some time to watch the market a bit, narrow down the towns included in my search, talk to a local real estate agent and get some great feedback from the C-D Massachusetts subform.

I was moving from a townhouse condo in New Hampshire that I really liked. And so I thought that I would probably end up in a townhouse down here as well. Once I started looking, however, I realized that there really wasn't much that I found appealing. Crummy, old places for too much money for the most part. On the flip side, there seem to be a lot of very small SFHs for around the same cost. Sometimes a little more, but no HOA or common fees.

So, I set my sights on SFHs and figured I'd have to buy something old and do a bunch of renovating. But I got lucky, this place turned up that had been completely renovated. New roof, windows, flooring, appliances, furnace/HVAC, counters, fixtures. Everything. It had also had an addition that added a master bedroom and bathroom. And for about 50K less than I was ready to pay. I had replaced all of the systems in my condo just a couple of years before, so having brand new systems here was a huge selling point for me in a lot of ways.

I found it the week before the start date at my new job and had an accepted offer right away. I feel like I got very lucky as I have not seen a comparable house for the money come on the market in this town since. My offer was accepted about two weeks before Christmas so that may have been part of my luck too. Not as much competition and activity around that time of year.

The one thing I didn't like about the house was the view into the back neighbor's yard. They have a lot of stuff in their yard and it is too close. Installing a stockade-style fence around my yard solved that issue.

Two things that had not been criteria for me while looking, but I ended up liking very much:
* It's all one floor. I love this! Having all the rooms on one level makes everything so much easier and it also allows me to make better use of all of the space in the house.
* Even though I have a relatively small yard (about .3 acre), the width between neighbors on either side is quite generous, so I don't feel like we're on top of each other. All of the houses on my street are little one story homes similar to mine, and all have the nice width. It is really a very pleasant and quiet arrangement.

Six months in and I couldn't be happier. I feel so lucky.
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Old 09-07-2019, 07:18 PM
 
1,184 posts, read 1,400,273 times
Reputation: 1284
When I started working from home the walls of my apartment started closing in, so I knew it was time to move to a bigger apartment or buy a small house. I opted for the latter. I really liked the floor plan and the amount of light, plus I liked the general area.

Unfortunately I lost that job after many years, but I still enjoy the house.
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Old 09-07-2019, 07:38 PM
 
Location: Boise, ID
507 posts, read 389,711 times
Reputation: 1036
The deciding factor was probably the garage. We looked at several homes that met our needs, but this one had the best garage set up. Otherwise it was equivalent to probably 3 others in layout and function.
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Old 09-07-2019, 09:25 PM
 
Location: San Francisco
16,624 posts, read 5,465,268 times
Reputation: 52126
This is going to sound weird, but we moved three doors up from where my husband and his ex-wife lived before their divorce. He really liked the neighborhood and wanted to live there again. I didn't mind because I like it, too.

Though the house is small and on a steep hill, it's across the street from a forested city park and has an ocean view. We thought we overpaid for the house in 1986, but since then it has appreciated at least 500%. So it turned out to be a good investment.

The ex-wife moved away before we moved in, in case anyone was wondering.
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Old 09-07-2019, 10:54 PM
 
Location: Johns Creek, GA
12,808 posts, read 49,611,352 times
Reputation: 14687
Location, location, location!
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Old 09-08-2019, 06:45 AM
 
Location: Wonderland
46,043 posts, read 37,171,086 times
Reputation: 65479
Level lot, home on the smaller end of homes in the neighborhood so it benefits (cost per square foot) from it's larger neighbors, trees, lot behind it is landlocked and will probably never sell so it's completely wooded behind it, basically move in ready, big beautiful kitchen, spacious master and master bath/closet areas, media room, plenty of room for a pool and the neighborhood will support that (about 1/3 of the homes have pools and more are being built), huge outdoor living area with a nice firepit already built, backyard faces east so it's not broiling in the late afternoons, tall ceilings, lots of trim, hardwood floors, ONE LEVEL, oversized garage giving us room to build stairs going up to huge attic (no climbing that scary garage ladder thingie!).

HOA but not an intrusive one and the cost is super reasonable ($300 a year), gated community, low crime, great mix of ages in the neighborhood, and speaking of neighborhood, it's a small one with only about 40 homes, all on large lots (1/2 to 1 acre), and 74 kids live in that neighborhood! That's an average of almost 2 kids per household! And not every household has kids so someone has been super busy!
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