Real Estate (Foreclosures)

[Hattrick]

Originally Posted by SouthernBelleInUtah

Really old homes (pre-1950) have charm, character, and sturdy building techniques that today's mass-produced housing lacks. Ever drive down one of those streets where you had to look at the address to be sure you were at your house, not your neighbor's? Older housing will always hold its value over the new schlock.

I agree with part of your statement here, charm yes build.... Well that can be argued. It depends who builds your home. I guess it all depends who builds your home. Most building codes are more demanding of the contractor then ever, in addition there are great new home engineering and building materials which provide a more fuel efficient home larger rooms and are very quiet. I have looked at many old homes built pre 1950 and the floors creak and the windows are drafty. and the living space is very small. I would love to own a cute bungolo in the Avenues or near the U of U but not at $400K! If the old homes were priced based on what you get for your money these bungolos would never exceed $200K and even at that price I am not sure if they are really worth the money. Just my 2 cents.

[11thHour]

I also love the old tudors of the avenues, near memory grove, and near the U, and of course those of the Harvard/Yale area. But sheesh those prices are crazy! But I'd love to live in those neighborhoods with mature yards. That's a real plus in this area.

[Hattrick]

Originally Posted by 11thHour

I also love the old tudors of the avenues, near memory grove, and near the U, and of course those of the Harvard/Yale area. But sheesh those prices are crazy! But I'd love to live in those neighborhoods with mature yards. That's a real plus in this area.

I agree this is my first choice to live in SLC however again the homes are way overpriced for what you get.