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The Water Cooler
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Build, Buy new, buy used, or stay put and be happy with it.
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<blockquote data-quote="DanB" data-source="post: 2516032" data-attributes="member: 237"><p>The conversation got started this weekend about moving. I've stated for some time that I'm quite content with my 1979 built house with a 2.75% mortgage. However, there is that part of me that wants something a newer with a 3 car garage. We have done a significant amount of work to our current house. Most recently replacing the AC and Furnace and switching it from a down draft to an updraft style system. All attic mounted now. The last large projects we have yet to complete are the Bathroom vanities and countertops. When those get done we will retile. The driveway needs to be replaced as it is busted up thanks to some long gone Silver Maples. And finally the Kitchen has been left alone for the most part. The oven was replaced with a larger unit and the wallpaper was removed and walls painted. Our plans for that include a full remodel with new cabinets, flooring, some ceiling work and new appliances. The budget for that isn't there yet. All in all the house is in pretty good condition. Much better than when we bought it.</p><p></p><p>I have enough contacts in the construction world(2 home builders, 1 commercial GC and countless subs) that I could complete a build myself. I just don't know if my wife would kill me during the process or not. If we built it ourselves we could stand to save a good percentage(or spend the same) by the end of it. I have enough experience with bidding and scheduling I think we could keep it real close to budget. </p><p></p><p>We have considered buying a new house but are deterred by the option of building ourselves and getting more more sq ft or better finishes for the same price. </p><p></p><p>We have looked around at various neighborhoods in the Yukon area. Our requirements keep us in the Elementary district my wife teaches in. We have expanded our search to include the neighborhoods that would feed into the Middle School our boys would go to. Currently we don't live in the same area that feeds into the school our oldest goes to. This is compounded by the neighborhood not having any of his classmates to go play with. Nor much kids period in the area. The option to say go down the street to so-and-so's house isn't there.</p><p></p><p>Unlike our initial house search. We aren't pushed to find a house to buy. We have all the time in the world. If I had to pick today I'd put us around a year out from a desired move date. This gives me plenty of time to fully plan out and price out a new build. I'm also in a position where if I need to sell my house I have an option available that I could sell it. This would come into play if that "perfect house for the perfect price" came available. I have yet to see that one. So time table is somewhat in my control. </p><p></p><p>Alot to think about just not all tonight.</p></blockquote><p></p>
[QUOTE="DanB, post: 2516032, member: 237"] The conversation got started this weekend about moving. I've stated for some time that I'm quite content with my 1979 built house with a 2.75% mortgage. However, there is that part of me that wants something a newer with a 3 car garage. We have done a significant amount of work to our current house. Most recently replacing the AC and Furnace and switching it from a down draft to an updraft style system. All attic mounted now. The last large projects we have yet to complete are the Bathroom vanities and countertops. When those get done we will retile. The driveway needs to be replaced as it is busted up thanks to some long gone Silver Maples. And finally the Kitchen has been left alone for the most part. The oven was replaced with a larger unit and the wallpaper was removed and walls painted. Our plans for that include a full remodel with new cabinets, flooring, some ceiling work and new appliances. The budget for that isn't there yet. All in all the house is in pretty good condition. Much better than when we bought it. I have enough contacts in the construction world(2 home builders, 1 commercial GC and countless subs) that I could complete a build myself. I just don't know if my wife would kill me during the process or not. If we built it ourselves we could stand to save a good percentage(or spend the same) by the end of it. I have enough experience with bidding and scheduling I think we could keep it real close to budget. We have considered buying a new house but are deterred by the option of building ourselves and getting more more sq ft or better finishes for the same price. We have looked around at various neighborhoods in the Yukon area. Our requirements keep us in the Elementary district my wife teaches in. We have expanded our search to include the neighborhoods that would feed into the Middle School our boys would go to. Currently we don't live in the same area that feeds into the school our oldest goes to. This is compounded by the neighborhood not having any of his classmates to go play with. Nor much kids period in the area. The option to say go down the street to so-and-so's house isn't there. Unlike our initial house search. We aren't pushed to find a house to buy. We have all the time in the world. If I had to pick today I'd put us around a year out from a desired move date. This gives me plenty of time to fully plan out and price out a new build. I'm also in a position where if I need to sell my house I have an option available that I could sell it. This would come into play if that "perfect house for the perfect price" came available. I have yet to see that one. So time table is somewhat in my control. Alot to think about just not all tonight. [/QUOTE]
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