Poor Housing Stock in LI

[Punkster55]

Originally Posted by SeventhFloor

Today's building codes in NYC incorporate R-values of a building

Old houses are harder to keep warm unless they're attached or semi.

It's so easy to keep an old house warm(er)...

1. Rip off basement ceiling
2. Put rockwool on outer permitier in between beams.
3. Put foam in between rockwool and beams to fill in cracks.
4. Rip off sheetrock on 2nd floor or attick and do the same.
5. Replace american brand with european brands. Made in US but engineered elsewhere for the same price. Cant beat that.

Bingo.

[gx89]

Originally Posted by Punkster55

Ask me how I know everyone I know digs out a basement. No one wants 7 ft ceilings. There are digging tools that make life hell of a lot easier.

Newer homes are definately not better. Older homes are better and the newer ones, as hotkarl puts it, lipstick on pig.

It’s not lipstick on a pig when a foundation is poured new. And the old home is completely demolished. The homes that are flipped that got a new kitchen, bath and paint and have a 1940 foundation and a 100 amp panel sure this I agree with.

[Punkster55]

Originally Posted by gx89

It’s not lipstick on a pig when a foundation is poured new. And the old home is completely demolished. The homes that are flipped that got a new kitchen, bath and paint and have a 1940 foundation and a 100 amp panel sure this I agree with.

Depends on who does the new foundation. If you'd ask me to build or design it, I'd build it to civil expectations, not this "buy for 200k slap paint sell for 500k" crap that I see all over.

There was a guy who flipped a house in under 1 month and is asking a spread of 250k over last bought price. Can you believe that?

[markjames68]

Originally Posted by Punkster55

It's so easy to keep an old house warm(er)...

1. Rip off basement ceiling
2. Put rockwool on outer permitier in between beams.
3. Put foam in between rockwool and beams to fill in cracks.
4. Rip off sheetrock on 2nd floor or attick and do the same.
5. Replace american brand with european brands. Made in US but engineered elsewhere for the same price. Cant beat that.

Bingo.

Can you provide sources for #5?

[markjames68]

Originally Posted by Punkster55

Depends on who does the new foundation. If you'd ask me to build or design it, I'd build it to civil expectations, not this "buy for 200k slap paint sell for 500k" crap that I see all over.

There was a guy who flipped a house in under 1 month and is asking a spread of 250k over last bought price. Can you believe that?

That’s not indicative of value, that’s just a flipper trying to make a profit.

A house across the street from me is in a similar situation. A flipper bought it as a foreclosure property in the $400’s, maybe put $50-100K tops into it and is trying to sell for high $700’s which is the typical selling price (these are 1 acre+ lots with 5000+ sq ft homes in a gated HOA community).

A lot of activity but no sale yet, despite other house selling quickly at much higher prices. Why? Poor design choices in the original house plus a cheap flip. Had the investor gutted and redone the bathrooms I think it would have easily sold in the $800’s by now.

[Punkster55]

Originally Posted by markjames68

Can you provide sources for #5?

There's too many to list.

KÖMMERLING 76
VEKA
NEUFFER

Plus a lot of small other brands, all at or lower price than garbo Andersen.