What would you choose, a great house in a crap location or a crap house in a great location? Why?
Posted Jan 17, 2023, 11:06 PM UTC
338
A crap house in a great location. A great location usually means less crime, better city services, good schools, etc. There's no use having a mansion if you're hitting the ground every week to avoid gunfire.
43
My area is one of the most expensive in the state and we still have gunfire.
4
Expensive doesn't necessarily mean great.
3
It is "great", one of the top places to live in the state and country. But unfortunately is filled with "red" people who love their guns and think they have the right to shoot them for fun because they are "patriots."
-2
Fair, hunting or target practice shots are very different than drive-bys.
4
I live in mountains in the north part of the state. Many non-red people shoot here also. It's called hunting or target practicing. People do it for food and for fun.
I grew up in Albany Georgia, the downtown area. The shooting there was not for food or fun and i heard it far more often - every night. As I got older I learned that I could watch the news to figure out what happened the night before- usually a drive by, drug deal, murder, etc. (That'd a dem city, ya know)
Politics have nothing to do with shooting guns.
1
Great location would also tend to indicate better resale value on a home. A flipper in a nice neighborhood would likely be an easier sell than a gem in a terrible area.
2
Ummm.....this is not a choice or decision. It is literally the number 1 rule of real estate.
14
I thought it was "House, house, house" ?
1
location...crap houses will rent in great location...not necessarily the other way around
13
Actually a rental is the only time I disagree with this. In my area the rental return differential between a crap location and a great location is a couple hundred bucks, but the purchase price difference is a couple hundred thousand. Renters are less picky about location and more willing to compromise on location for a nicer house as it’s easier to move.
10
Great location, every time.
12
You can take the hood out if a house but you can't take the house out of the hood.
10
I chose a crap house in a good location with great school district.
Wasnt really our plan but we had a good opportunity so we took it.
Pros: this area hasn't really seen a price decrease with higher interest rates. Crime is virtually not existent/ don't have crazed meth heads shooting up in my walkway like my old apartment (different city). Very quiet and no traffic noise.
Cons: owning a fixer upper sucks and it has been very costly to fix outdated things. All our peers around here have nicer houses and I am always self conscious about inviting people over.
My wife and I are younger so I think that as we age a bit we will be happier with our decision. I think it really comes down to what phase you are at in your life and whats important to you.
7
You can fix up a house 1000x faster than a neighborhood will turn over. There are neighborhoods in Atlanta that people have been touting as "the next big thing" for 25 years.
Location. Location. Location.
7
All other things being equal? Location.
Location matters more than anything. You can fix up a house; you can’t change the neighborhood.
7
I chose the crap house and fixed it up. Now I have a great house in a great location.
6
Great location. Why? Location. Location. Location.
5
Crap house in nice location.
You can renovate and add value.
5
You can change everything about a house except it’s location.
5
what will make rebooblers heads explode more?
I choose that
3
Crap house in a great location both from a value perspective looking ahead and also in terms of having stuff to do. I have friends who live in bumble fuck. Yeah their house is great but there’s nothing to do other then stare at farms
3
I’ll go medium/medium lol
3
The crap house in a great location is exactly what most real estate investors target.
3
Crap house in a great location. You can change a house, but you can’t change a location. Neighbors are important and I want to hang out with them. A great location will likely have great neighbors.
3
Can change everything about a house but it's location
2
Great house that you gotta wear a bullet proof vest to walk the dog
2
You can make a house nicer. You can’t make the location nicer.
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