Quote:
Originally Posted by DaddyD
My question wasn't about re-sale value or which was a better investment, but strictly about which would you prefer to live in--an amazing house on a so-so piece of property, or a so-so house on a beautiful piece of property with an amazing view.
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Why would anyone need to choose between the two? And why would an amazing house have to cost a million dollars? If you're over 60 years old, with just yourself and your spouse, all the kids grown up with families of their own, and you're in reasonably good health for your age but know that "health issues" are a thing for older folks -
You could have a modest SIZED house - maybe 3 bedrooms, 2 bathrooms, 2-car garage, just 1400sf under heat and air, but with all upgraded materials and options - for around $400k. You put that on a couple of acres of land with an insulated outbuilding in the back for landscaping, gardening, tools, a workshop, with an apartment on top for overflow if all the kids and the grands are there at the same time, and you can have BOTH for under a million bucks.