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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 03-03-2008, 09:58 AM
 
Location: Reston, VA
887 posts, read 2,800,212 times
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Quote:
Originally Posted by lookyloo View Post
why are south/southeast raleigh (27610) home prices so cheap?
If you search on 27610, you'll get LOTS of discussions about that particular zip code. Hope this helps!
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Old 03-03-2008, 01:14 PM
 
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That area has large mature lots...many over an acre with hardwoods. Real nice, but many homes were built in the early 90's and might need upgrades.
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Old 03-03-2008, 02:00 PM
 
4,875 posts, read 10,018,726 times
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Originally Posted by bobbis View Post
That area has large mature lots...many over an acre with hardwoods. Real nice, but many homes were built in the early 90's and might need upgrades.
We're slowly but surely replacing every polished brass doorknob, faucet, and light fixture
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Old 03-03-2008, 02:41 PM
 
Location: Raleigh, NC
492 posts, read 1,136,396 times
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I just bought an existing house in 27606 and agree with the "lots of land" in the satellite images. One thing you may be seeing is that large area that is owned by NC State for agricultural work along Lake Wheeler Road between Penny and Tryon. I would think this land would never be developed.
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Old 03-03-2008, 03:16 PM
 
446 posts, read 868,531 times
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Originally Posted by NewUser View Post
We're slowly but surely replacing every polished brass doorknob, faucet, and light fixture
Us too. One knob,hinge and ceiling fan at a time! Don't know what to do about those white, fake cabinets though.....ouch!
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Old 03-03-2008, 07:35 PM
 
Location: Raleigh, NC
492 posts, read 1,136,396 times
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I'm not sure what drives the fixation on "updating" everything. Used to be that a house that was 25 or 30 years old would get an update. Now it seems that people can't handle something being 10 years old. Is this the Home Depot and Lowes version of what Hallmark has done with holidays... just keep rolling out new ones? I mean fixtures, knobs, appliances, cabinets, etc... they aren't cloths. Its not like the new fashion line comes out and you have to change your wardrobe! We just bought a house built in '93 and we'll probably change a few things, but I'm not going to go crazy and rip everything out and put in new... although I will admit the draw is there to do it. But, I would personally rather spend the money putting in a new pool.
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Old 03-04-2008, 02:59 AM
 
8,396 posts, read 15,196,211 times
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Quote:
Originally Posted by convergent View Post
I'm not sure what drives the fixation on "updating" everything. Used to be that a house that was 25 or 30 years old would get an update. Now it seems that people can't handle something being 10 years old. Is this the Home Depot and Lowes version of what Hallmark has done with holidays... just keep rolling out new ones? I mean fixtures, knobs, appliances, cabinets, etc... they aren't cloths. Its not like the new fashion line comes out and you have to change your wardrobe! We just bought a house built in '93 and we'll probably change a few things, but I'm not going to go crazy and rip everything out and put in new... although I will admit the draw is there to do it. But, I would personally rather spend the money putting in a new pool.
Not only newness. Much of the newer stuff is junk from China that has a very short useful life. Look at the light fixtures, plumbing fixtures, and door hardware to see the dramatic fall in quality.

Major mfrs like Moen are now outsourcing to Asia.

Newer homes have a shorter useful life than older ones.
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Old 03-04-2008, 04:37 AM
 
446 posts, read 868,531 times
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Quote:
Originally Posted by convergent View Post
I'm not sure what drives the fixation on "updating" everything. Used to be that a house that was 25 or 30 years old would get an update. Now it seems that people can't handle something being 10 years old. Is this the Home Depot and Lowes version of what Hallmark has done with holidays... just keep rolling out new ones? I mean fixtures, knobs, appliances, cabinets, etc... they aren't cloths. Its not like the new fashion line comes out and you have to change your wardrobe! We just bought a house built in '93 and we'll probably change a few things, but I'm not going to go crazy and rip everything out and put in new... although I will admit the draw is there to do it. But, I would personally rather spend the money putting in a new pool.
Don't quite know what you're talking about. The fixtures, knobs, lighting, fans etc. in my 10 year house are cheap new construction crap from the 90's. Fake brass all over the place, looks real bad. What's wrong with a little new nickel here and there? I like the pool idea anyway.
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Old 03-04-2008, 05:40 AM
 
4,875 posts, read 10,018,726 times
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Quote:
Originally Posted by convergent View Post
But, I would personally rather spend the money putting in a new pool.
Oh, and a $20,000 pool isn't a waste of money? That's almost as bad as buying a boat

But wait. . . . . you already have a community pool
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Old 03-04-2008, 10:32 AM
 
Location: Raleigh, NC
492 posts, read 1,136,396 times
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Quote:
Originally Posted by NewUser View Post
Oh, and a $20,000 pool isn't a waste of money? That's almost as bad as buying a boat

But wait. . . . . you already have a community pool
From an investment point of view... yes, a pool is a wasted of money. But I can swim in a pool and I can't swim in my fixtures and knobs. Actually, my wife and I are considering replacing some of this stuff in our '93 house... but I find myself wondering why??? There isn't anything wrong with it, other than I turn on all the home shows and they all are replacing it all for newer stuff. Shoot, if I went with those shows recommendations, I'd be covering my masonry fireplace with travertine or some other kind of tile. My guess is that in 10 years, the fad will be brass and masonry fireplaces.
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