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On a slightly new topic:I would like to evnatuelly own a house, ideally in the ever-popular Greenlake region. (I know, I know) I'm willing to save and wait a while, so current property prices aren't terribly important to me. Quality of life, however, is. I would evnatuelly like to have a house that is reasonable to live in not super-huge, but not a cozy cottage either, with reasonably good insulation/electrical system/etc.Because the housing stock in my chosen region is mostly very old/small, I see three options:1. Purchase an old, ok-quality house and upgrade it.2. Purchase an old house already upgraded by someone else.3. Purchase a dump, level it, and rebuild.My question to the forum:How does one accurately evaluate the costs of these various options? I've found precious little real information on the costs of retrofitting properties in our area is it like a swimming pool that costs a lot to put in but doesn't add much to the purchase price, or is it like a garage->bedroom conversion that adds only a little value but boosts the price a lot? Is there one category that is likely to become more economical than others over the next 3-5 years? What sorts of costs are typical for these scenarios, so I know how to plan?Thanks all! Rate this comment: 0 0
By: | Mar 12, 2014 | Report Comment
morespots
kevmes | Region 4
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