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Reply #20: Victorian houses are wonderful, but they are "money pits" [View All]

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LostinVA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-12-06 01:37 PM
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20. Victorian houses are wonderful, but they are "money pits"
If you can afford to invest 110-200k, buy it, you won't regret it. If you can't, don't buy it... you will regret it.
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  -Went to look at the grand old Victorian home my husband wants to buy bleedingheart  Nov-11-06 12:33 PM   #0 
  - sounds like you could build a replica for less  tk2kewl   Nov-11-06 04:47 PM   #1 
  - Ever watch the TV show "This Old House?" -- they were always taking some  Radio_Lady   Nov-12-06 09:07 PM   #26 
  - If you buy it, you will love it.  cathandler   Nov-11-06 05:10 PM   #2 
  - You've seen "The Money Pit" as you noted downthread.  Radio_Lady   Nov-12-06 09:08 PM   #27 
  - how much?  radwriter0555   Nov-11-06 06:03 PM   #3 
  - that is where the negotiations start...  bleedingheart   Nov-12-06 06:27 AM   #10 
  - and it will look FABULOUS for the holidays.  xchrom   Nov-11-06 06:05 PM   #4 
  - Have you seen this post from Brundle Fly?  Suich   Nov-11-06 06:12 PM   #5 
  - Well, I'll take it.  lildreamer316   Nov-11-06 06:39 PM   #6 
  - is it free?  madrchsod   Nov-11-06 07:00 PM   #7 
  - isn't free..  bleedingheart   Nov-12-06 06:27 AM   #11 
  - Rent "The Money Pit." n/t  Shakespeare   Nov-11-06 07:14 PM   #8 
  - oh that is one of my favorite movies...along with  bleedingheart   Nov-12-06 06:23 AM   #9 
  - Does it have mice?  TheCentepedeShoes   Nov-12-06 07:13 AM   #12 
  - Where is it?  miss_american_pie   Nov-12-06 07:47 AM   #13 
  - What's the neighborhood like? How are the schools? Will you be  IdaBriggs   Nov-12-06 07:48 AM   #14 
  - here is the house  bleedingheart   Nov-12-06 09:34 AM   #15 
     - *squeeks* how utterly gorgeous...  ThinkBlue1966   Nov-12-06 12:55 PM   #17 
     - Find out from county assessor what the price per acre is in that area  Whoa_Nelly   Nov-12-06 01:30 PM   #19 
     - Ooh, Pretty! That is *very* nice -- I can totally understand the appeal.  IdaBriggs   Nov-12-06 08:57 PM   #25 
  - Go to this site  dropkickpa   Nov-12-06 10:33 AM   #16 
  - Would it qualify for historical preservation tax exemption?  Whoa_Nelly   Nov-12-06 01:09 PM   #18 
  - Victorian houses are wonderful, but they are "money pits"  LostinVA   Nov-12-06 01:37 PM   #20 
  - This baby will cost at least $200K to fix  bleedingheart   Nov-12-06 01:44 PM   #21 
     - As I said, if you can get the beauties fixed up how you they should be  LostinVA   Nov-12-06 01:47 PM   #22 
     - Also, if you do buy it, read this book:  LostinVA   Nov-12-06 01:49 PM   #23 
  - Take the highest estimate you get for renovation and double it.  Oregonian   Nov-12-06 02:31 PM   #24 

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