I
bet my parents spent less on that house than I am likely to spend on 2
or 3 dinky bedrooms, 2 bathrooms, a cramped kitchen without even enough
space for a table, a living room, and, if I'm lucky, a basement which
has been clumsily converted into a living space, all in about a third
the square footage. The houses that I'm looking at, the ones I'm
preparing to blow my entire life savings on, are decrepit old things,
built 60 - 70 years ago and sized for, uh, coziness?
What
I can find in my price range is invariably run-down or sloppily repaired.
Part of me likes the idea of buying a fixer-upper, because it means I
can put my own stamp on it, but part of me cringes at the thought of
dropping a fortune on a house and then continuing to drop small fortunes
over the course of years, to make it into a home.
So
that you can see what I'm working with, consider the last house I
looked at. This house has been the best prospect in a long string of
houses I've visited. Yet, before I would consider it up to snuff, I'd
have to:
- Renovate a bathroom
- Add a driveway
- Fix a leak in the basement
- Add attic flooring (this could be as simple as a few sheets of plywood, but currently it lacks even that)
- Enlarge two windows
- Rearrange some walls
- Add flooring and kitchen appliances in the basement
The
last three in that list are just to make a livable space in the
basement, which is a necessity in order for me to have renters, which
are a necessity in order for me to be able to afford the house in the
first place.
And then, within a few years, I'd have to:
- Replace the carpets
- Refinish the deck
- Replace the air conditioner
- Replace or repair half the windows
And
this, let me remind you, was the only house I considered good enough to
even consider twice. Sometimes I wonder whether home ownership is a
reasonable goal. Sometimes I'm just too morose to even feel like finishing
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