- Jan 18, 2014
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In some areas the location does reduce the price , but not by that much ? But again , not being familiar with your location etc maybe the prices do drop down real low if the houses are remote ? I would still have a home inspection done if the price is to cheap ......you get what you pay for is resounding in my mind .....you don't want a fixer upper that becomes a nightmare ..................just saying .Not sure if there is a basement ? something that could be converted into extra living space as well if needed ? For me small housing would stop being small after say 800 square feet , after that it becomes a regular residential residence .Our House is 900 sq feet on the first floor , then about 800 on the second due to the roof design on the second floor ....dormers , etc . All the bedrooms are upstairs , down stairs is living space , family room , kitchen , mud room/laundry room , dining room and living room .It's still to big , me /wife / one son ......and we have converted the dining room into a office , a living room that sits empty except for a couple of days a year ....Christmas ...and one spare bedroom upstairs that has become a storage room ? which we go through far to often to see what we can get rid of ? I still maintain the house is to large .....plus we have a double attached garage , half is storage for "stuff" that I go through regularly as well ........amazing what you hold onto ??
I'm in a lower cost of living state anyway, then this house is remote which makes it REALLY cheap. Most the houses in remoter locations are cheap here, but the trade off is a long commute and less jobs obviously. It needs some work but I think the main reason it is cheap is no one is moving here due to there not being very many jobs nearby (something we would have to make sure we had before buying obviously =) ).
Anyway, we are taking a trip up soon and we will check it out. See how much work it needs and what the land is like etc! The land is one of the most important parts to me, there is no point in it to us if the land is unusable!
I don't consider the house tiny, but to me 1000 sq ft is still pretty small, especially to raise a family in!