Skip to main content

Does it make sense for a single woman to buy a 4bed house?

I am a single female in my thirties. Bucks County PA market.

I have been looking for a SFH for a while now in the 375-425k price range. What I have seen is mostly older homes from the 60s, less than 1500sqft max, and generally nothing to get excited about. I also notice these homes tend to sell for a good 10-15% over list.

Going up a bit higher in price, in the 470-500k price range, homes tend to sell for list price, and are a huge step up in quality, size, and are also more modern.

I found a nice house built in 1991 for 470k. It is a 4bed house, in a good neighborhood on a good street in a good school district. It is well within my budget.

I was thinking, why spend (and overbid) on an unexciting 2-3bed house in the 375-425k price, when I can spend a bit more (470k) and get something really nice?

But now I feel silly to buy a house as a single woman. I don't plan on starting a family anytime soon, and I figure the cost of maintaining the house will be high. What will I do with 4 bedrooms?

Still, I like it a lot, and as I mentioned once you cross into the 475k price range in my market, the quality takes a big jump up. It just seems I can spend an extra 50k on the house and get something nice, that I would be proud to live in, as opposed to an older, smaller starter home. But I feel dumb buying a 4bed as a single woman.

submitted by /u/raji4858
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/nou69h/does_it_make_sense_for_a_single_woman_to_buy_a/

Comments

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/