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View Poll Results: Nice house in a bad neighborhood or bad house in a nice neighborhood?
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Nice house, bad neighborhood
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4 |
3.10% |
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Bad house, nice neighborhood
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125 |
96.90% |
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04-03-2013, 10:55 PM
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118 posts, read 304,800 times
Reputation: 75
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So, of course, these terms are all relative, but what do you think? Two houses the same price, one is really nice but in a bad neighborhood (high crime) and one is old and needs a lot of work but is in a really nice neighborhood.
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04-03-2013, 11:15 PM
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Location: Mostly in my head
19,856 posts, read 63,514,733 times
Reputation: 19348
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Always buy the best location you can afford. You can change the house but you are stuck with the location.
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04-03-2013, 11:42 PM
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Location: North Idaho
30,954 posts, read 42,588,773 times
Reputation: 71808
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Quote:
Originally Posted by SouthernBelleInUtah
Always buy the best location you can afford. You can change the house but you are stuck with the location.
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Exactly so. |
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04-04-2013, 12:05 AM
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5,075 posts, read 10,450,156 times
Reputation: 4662
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You can't fix the neighborhood. If you could, you wouldn't be wondering about buying a house there.
Look at the last downturn. Houses in a bad hood lost 70%, good hood, 10-20%...
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04-04-2013, 12:13 AM
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Location: San Marcos, TX
2,570 posts, read 7,469,138 times
Reputation: 4058
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Been there, done that. Definitely choose the better neighborhood. I thought I could deal for the price. Worst move I ever made, so glad I am out of there!
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04-04-2013, 12:37 AM
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118 posts, read 304,800 times
Reputation: 75
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I feel the same way as the general consensus. My mom seems to be the opposite. She is "helping" me look for a house. She keeps latching on to these houses that are nice but in bad neighborhoods, sometimes really bad. When she sees the houses I'm considering she spends the whole time picking apart all the problems and doesn't seem to notice that they are in nicer areas with low crime. Then she reminds me about the other "nicer" houses that she liked. You know, the ones where there are sex offenders two doors down and the street has had 6 robberies in a month?
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04-04-2013, 12:38 AM
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Location: NJ
17,578 posts, read 44,558,186 times
Reputation: 16249
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Neither unless someone had a gun to my head. How about an OK house in an OK neighborhood?
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04-04-2013, 06:38 AM
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Location: Lexington, SC
4,281 posts, read 12,178,974 times
Reputation: 3748
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Bad house, good neighborhood. A house can always be fixed/repaired/remodeled, etc. a neighborhood cannot be.
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04-04-2013, 06:51 AM
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365 posts, read 625,363 times
Reputation: 397
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Everyone is going to vote for the bad. It would probably be easier to get a home improvement loan for the bad house because the bank knows the home will have value.
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04-04-2013, 07:22 AM
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5,048 posts, read 8,977,041 times
Reputation: 4177
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Quote:
Originally Posted by AZGal25
I feel the same way as the general consensus. My mom seems to be the opposite. She is "helping" me look for a house. She keeps latching on to these houses that are nice but in bad neighborhoods, sometimes really bad. When she sees the houses I'm considering she spends the whole time picking apart all the problems and doesn't seem to notice that they are in nicer areas with low crime. Then she reminds me about the other "nicer" houses that she liked. You know, the ones where there are sex offenders two doors down and the street has had 6 robberies in a month?
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Well, by your name, you're likely a female. And your mom wants you to live in a bad neighborhood? |
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