Planning Poor Does House Hunters

In September, Kevin came up with his worst idea yet: buying a house. (And it’s the worst because it has required the most amount of effort on my part and has resulted in five new gray hairs.) Throughout our relationship, we have debated the pros and cons of homeownership, and each conversation eventually concluded that it is better to rent; if nothing else, it’s certainly easier than owning a home. However, the financial guru in Kevin couldn’t ignore the falling interest rates and the low home prices, both of which are only going to rise in the coming months. And as long as we live in the home for at least 5 years, it will be cheaper than renting in the long run. So after days of debate, I too became convinced that buying a home is the right thing to do right now. And who doesn’t love looking at houses?? (The correct answer is Kevin.)

So, in October, after doing my research, we chose a Realtor (a local husband-wife team) and began looking at houses. Overall, we only saw six properties before we found “the one.” I know I dogged House Hunters in my previous post, but in truth, I love the show and applied to be on it. Since they never called me back (grrr), I have devised my own HH experience for your reading pleasure. Here are three houses we saw, one of which we chose. See if you can figure out which one we picked! (And no telling if you already know the answer!)

House #1

House #1

3 beds, 2 baths
Price: $94,900
Year Built: 1957
Square Footage: 1,401
Area of Town: NE Gainesville near Waldo Road and NE 23rd Ave

The Realtors chose this house for us based on similarities to other homes we picked out. It has some nice upgrades, like a bonus room, newer kitchen appliances, and an updated guest bathroom, and the owners were offering to replace the roof as long as they received a competitive offer. It has a nice flow and a great backyard, which includes a storage shed and a tree house (much to Kevin’s delight). Plus, this house is way under our budget, so we could easily make a competitive offer and get the new roof.

Updated kitchen

However, although I loved this house, Kevin really didn’t like it.

Nice backyard, and an unimpressed Kevin

It has little curb appeal, the A/C unit needs to be replaced, there is no screened porch (one of my wish-list items), and the bonus room seems more like a strange attachment. We both dislike the neighborhood; it is just outside our favorite area (downtown/Duckpond) and yet not really walkable or bikeable. Also, the schools are not the best, and the area is so residential that we would be driving some distance for everything—groceries, movies, restaurants, etc. I also dislike that the laundry area is outside of the house in the carport, though it is something I could live with.

House #2

House #2 (really bad picture but it’s the only one I took of the front exterior)

3 beds, 1.5 baths
Price: $109,000
Year Built: 1956
Square Footage: 1,080
Area of Town: NW Gainesville near University & NW 34th Street

Before seeing this house in person, I thought we would really love it—and we do, for the most part. It has a great updated kitchen with porcelain tile floors, new roof, newer piping, beautiful parquet wood floors throughout, neat built-ins, great natural light, and a lot of that vintage charm we are looking for. It is within walking distance to the movies, Publix, restaurants, and a gym, and it is so close to the university, so renting it would be really easy in the future. Although it has only one full bathroom, the half bath is good enough for us and adds a little extra value.

Living area with beautiful floors

Updated kitchen

Weird bonus room as viewed from the backyard

While Kevin and I both like this house a lot, we have some concerns. First, the backyard needs a ton of work, and several trees overhanging the roof need to be cut back. Also, the house has a very strange bonus room that can’t be accessed from the main house (we had to go through the carport to get to it), and yet this room is the only way to get to the backyard. So, if I wanted to let Peanut outside to do her business, I would have to walk her out of the house via the kitchen, into the carport, through the weird bonus room, and out the bonus room back door to the backyard. I also don’t like that there is no screened-in porch or outdoor space. The weird bonus room could be converted to a porch and connected to the house by replacing the wood siding with screen and replacing some interior windows with doors, but that would be a lot of work, effort, and money. We also don’t like the windows; except for the windows in the bonus room, all of the windows are the slatted kind (which are very energy inefficient), and they aren’t screened. This is one of the smaller houses we saw, and we wouldn’t gain much more square footage than we currently have in our townhouse. To top it off, there are dead bugs and rodent droppings everywhere and weird, not-to-code construction problems (like a cable wire running from the outside, through a hole in the slatted window, into a bedroom). Despite its charm, it seems like it may be more than we can handle in a first home.

Yet, we love the bones of the house and the area, and we think we could really make it our own (with a good cleaning and some porch construction!).

House #3

House #3

3 beds, 2 baths
Price: $129,000
Year Built: 1969
Square Footage: 1,476
Area of Town: NW Gainesville near the intersection of Newberry Road and NW 8th Ave

We decided to view this house, even though it was above the price range we set for ourselves. However, everything is negotiable in real estate, so we figured we could make a deal if we chose this house. There is so much to like about this house: huge backyard, fantastic curb appeal, new roof, new A/C unit, updated kitchen (with gas range, which Kevin swooned over), and a cute screened-in porch with brick flooring and a metal roof. It has more than enough space for us, but I’m sure we would find ways to fill the house. I really like the flow of the house (it reminds me a lot of the house I grew up in), and there are several fruit trees in the backyard (fig, kumquat, and orange!). There would be very little we would have to compromise on here, and yet there are plenty of opportunities for us to make small improvements to really make the house our own. Plus, the house is close to the mall, the highway, North Florida Regional Hospital, shopping, restaurants, and the university, so we could probably rent it to a family or serious student down the road.

Kitchen and dining area with screened-in porch access

Bonus room (formerly a carport)

View of backyard from porch (and shed in disrepair)

As for negatives, it’s not my favorite area of town. The main road nearby can get congested during rush hour because of its proximity to the highway, but the house is still within a short drive to most of the places we visit. We would be further from downtown, which we really dislike, and we would probably have to cancel our downtown gym memberships, because we would never go. The street the house is on is quiet, though we could hear some noise from the main road when standing in the yard (but we live in a city, so this doesn’t really bother us). Also, I don’t like the carpet. It’s in good condition and seems newer, but it’s not a color I would choose. We also discovered a minor electrical problem, and there is a shed in the backyard and a few trees that would need to come down ASAP. And, of course, it’s above our preferred price point.

So…which house do you think we chose? We are closing on one of these houses soon (assuming there are no issues with the financing…fingers crossed), and I will update later with the answer!

Also, I’m pleased to report that Kevin did not mention “man cave” once in our search! I doubt the thought even crossed his mind, though our Realtor did mention it in one of the houses we looked at, and I had to give him an abbreviated spiel about the idiocy of the man cave.

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3 thoughts on “Planning Poor Does House Hunters

  1. Pingback: Our First Home | Planning Poor

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