azureray
Active Member
maybe sell it to me...send me more info? I love cabbagetown...Lol
|
|
|
A Heritage Victorian House v.s. buying a condo in Downtown??!!
- Thread starter azureray
- Start date
maybe sell it to me...send me more info? I love cabbagetown...Lol
Roy G Biv
Senior Member
Well, everything behind the walls is new, so it would be a safe purchase!
Eug
Senior Member
Indeed, this is precisely the stuff I was talking about. That said, you can get leaky roofs, termites, bad insulation, raccoons and squirrels, and backed up sewers in older non-heritage non-Victorian homes too.
urbandreamer
recession proof
I meant home insurance. I must've been really tired when I typed that.
Many older homes outside the downtown core--west of Dufferin for example--can still be bought cheaper unrenovated, with knob and tube intact. I highly recommend buying a pre-renovated house. Buying an updated house means you're paying at least a $100,000 premium on something that really costs less than $40k to correct.
Unrenovated means crappy dated kitchen, ugly paint, bathroom that you want to re-tile/modernize, older windows (even from the 1980's) that leak noise and heat, roof that needs replacing, etc.
Renovated means spending $100-$300k more than you really need to--I'm cheap.
Many older homes outside the downtown core--west of Dufferin for example--can still be bought cheaper unrenovated, with knob and tube intact. I highly recommend buying a pre-renovated house. Buying an updated house means you're paying at least a $100,000 premium on something that really costs less than $40k to correct.
Unrenovated means crappy dated kitchen, ugly paint, bathroom that you want to re-tile/modernize, older windows (even from the 1980's) that leak noise and heat, roof that needs replacing, etc.
Renovated means spending $100-$300k more than you really need to--I'm cheap.
Last edited: