Buying A Home
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What are your non negotiables when buying a home?
Re: What are your non negotiables when buying a home?
A large home is a status symbol. Nobody really NEEDS a huge house unless they have many family members or a home business. Multigenerational households require a lot of space for the occupants to be comfortable. I could also understand pet owners with multiple animals wanting a bigger house. Nevertheless, people spend their money on whatever makes sense to them.
My non-negotiable was a multi-family home so I could earn some rental income for my house. Which certainly came with a lot of sacrifices. I could have bought a house with more living space for us in a nicer neighborhood if we had been buying for just us.
The housing stock in my city (NOLA) meant a lot of my most important wants were just not going to happen. For example, I really wanted the typical "open space" so anyone in the kitchen can talk to anyone in the living room. I know it sounds silly, but my biggest want was an enormous walk-in closet. However, most of the houses in NOLA are over 100 years old, so virtually none of them had either of these wants
.
And here is where I get creative. Although I haven't done it yet due to other more pressing renovation needs, I am going to turn one of the bedrooms in my house into that enormous walk-in closet I want
. Unfortunately, there isn't much I can do about an open floor plan. It would almost require a total gut job to make that happen, because there are walls and a bathroom in the way of the kitchen and the living room. But that's okay. I accepted that drawback, live with it, and enjoy the many and other charming features of my house.
After all, if I had a more modern house with a open floor plan, I bet I wouldn't have the awesome 12 foot ceilings throughout the entire house like I do now
.
@NoneForUs, thanks! Being a landlady certainly isn't for everyone but, for me, it was one of the best financial decisions I have ever made. I've also been fortunate that I've had great tenants, so far. In fact, it's been such a good experience I am currently looking for my next rental property.
I did finally get all my "renos" done and now I am working on my "upgrades". But I am tackling putting a big deck on the back of the house first. I'll definitely post pics as I start finishing up the deck and then the big closet!
I agree with you, before I bought a house, I always thought "BIGGER is BETTER". But really, the RIGHT size is best, which is going to be different for different sized families. My current living space is about 1100 sq. ft., but it is just me and DH. It's a little cramped right now, but that is only because we don't have things set up and organized properly. I am also going to be putting in a large built in bookshelf on an accent wall. We're building it almost all the way up to the 12' ceiling and are then going to put in one of those fancy sliding ladders (squeal!). Once the bookshelf and closet projects are done, we'll have a lot more room to store our things.
I could see that, but my house is only one floor anyway. But it is a really weird layout. Normal for NOLA, weird for most other places.
They style is called a "shotgun". They are basically houses that are long, but only one room wide. And one room flows into the next without hallways. They are built that way because, back in the days before A/C (because this is the Deep South), you could open the front and back doors and turn the house into a wind tunnel.
And the term "shotgun" comes from the joke that you can shoot a shotgun from your front door and the bullet will pass all the way through the house and out the back door without hitting anything.
My side of the duplex is technically a 3 bedroom. Except one of the bedrooms is totally open and without a wall to the living room, so it is really more like an extra big living room. Then the next bedroom is freakishly small for a bedroom...but perfect for a big closet
...plus people from both ends of the house would have to walk through it to get to the bathroom. For me, the only "true" bedroom is actually an addition that was built at the end of the house sometime in the 60s.
@Xstatic3333, I agree. It's really nice for a couple or a single person, but it would be so difficult with roommates. Yet, people do it all the time down here. My tenant side is 2 bedrooms, but is a little more sectioned off than my side. There is still an open hallway with out doors that goes up one side, but there are at least walls between all the rooms.
I've had four sets of tenants since I bought the house. Three of them were couples and one was a couple with an 8-year-old son. No roommate-roommates yet, though I've had some come look at the place when it is available. I always describe it over the phone before someone comes for a showing, when I know it is a roommate situation. Half the time they are no longer interested and the other half of the time it is, "No problem! We get along great and are both quiet...etc., etc."
And I'm sure the rents in NOLA are 5x LESS than Boston and 10x less than NYC, lol.
I grew up on the West Coast and never heard of shotgun houses either, until I mIs there anywhere in the house where, even a stackable laundry could be added? If the price is great, you could always look into the possibility/price of adding the laundry hookups to that part of the house.
I would have suggested building an outdoor shed and putting the laundry out there...I've lived in that configuration before. I was worried about the inconvenience, but it wasn't a big deal at all.
However, if there is no yard, than that idea is out. Plus, unless no yard is fairly typical for the homes in the area, it's really nice to have at least enough of a backyard to put a grill and small table out on.