Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: Nice house in a bad neighborhood or bad house in a nice neighborhood?
Nice house, bad neighborhood 4 3.10%
Bad house, nice neighborhood 125 96.90%
Voters: 129. You may not vote on this poll

Reply Start New Thread
 
Old 04-03-2013, 09:55 PM
 
118 posts, read 318,147 times
Reputation: 76

Advertisements

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.
Reply With Quote Quick reply to this message

 
Old 04-03-2013, 10:15 PM
 
Location: Mostly in my head
19,855 posts, read 65,802,767 times
Reputation: 19378
Always buy the best location you can afford. You can change the house but you are stuck with the location.
Reply With Quote Quick reply to this message
 
Old 04-03-2013, 10:42 PM
 
Location: North Idaho
32,634 posts, read 47,975,309 times
Reputation: 78367
Quote:
Originally Posted by SouthernBelleInUtah View Post
Always buy the best location you can afford. You can change the house but you are stuck with the location.
Exactly so.
Reply With Quote Quick reply to this message
 
Old 04-03-2013, 11:05 PM
 
5,075 posts, read 11,067,856 times
Reputation: 4669
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%...
Reply With Quote Quick reply to this message
 
Old 04-03-2013, 11:13 PM
 
Location: San Marcos, TX
2,569 posts, read 7,740,133 times
Reputation: 4059
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!
Reply With Quote Quick reply to this message
 
Old 04-03-2013, 11:37 PM
 
118 posts, read 318,147 times
Reputation: 76
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?
Reply With Quote Quick reply to this message
 
Old 04-03-2013, 11:38 PM
 
Location: NJ
17,573 posts, read 46,126,539 times
Reputation: 16273
Neither unless someone had a gun to my head. How about an OK house in an OK neighborhood?
Reply With Quote Quick reply to this message
 
Old 04-04-2013, 05:38 AM
 
Location: Lexington, SC
4,281 posts, read 12,663,203 times
Reputation: 3750
Bad house, good neighborhood. A house can always be fixed/repaired/remodeled, etc. a neighborhood cannot be.
Reply With Quote Quick reply to this message
 
Old 04-04-2013, 05:51 AM
 
365 posts, read 644,598 times
Reputation: 397
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.
Reply With Quote Quick reply to this message
 
Old 04-04-2013, 06:22 AM
 
5,048 posts, read 9,614,434 times
Reputation: 4181
Quote:
Originally Posted by AZGal25 View Post
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?
Well, by your name, you're likely a female. And your mom wants you to live in a bad neighborhood?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top