Consider the "Not So Perfect House"

By
Real Estate Agent with Buyer's Edge Company Inc

 

When I was looking for our home, I had a vivid mental picture of what it would look like and it did not include shag carpet and an old kitchen. 

 

House after house, I kept looking for my perfect dream home, despite the fact that I was on a very tight budget.  The first day I saw our house, I walked out saying, "Nope!" The second time, my exclusive buyers agent pointed out all the positives-

brick construction

hardwood floors throughout

backyard backs to woods & looks like a private park

on a cul-de-sac in an established neighborhood with trees 

fireplace

3 full bathrooms

I walked out of my house again but this time, Marshall and I discussed the possibilities.

We loved the brick construction, hardwood floors and beautiful backyard and neighborhood. 

I couldn't see past the ugly chandeliers, shag carpet and dingy older windows. The house was stuck in the 70's with a real "Brady Bunch" vibe.

 

After lots of talking and lamenting about "the perfect house" we bought our home. We've lived here for 21 years-and absolutely love it! Why? Because our house has good bones. With new bigger windows, fresh paint, gleaming hardwood floors and a gorgeous yard-we are very happy. 

 

How does my story relate to you, Home Buyer?

Consider the "not so perfect house" when you find a house that meets your criteria that cannot change. This would include things like;

 Is it the right neighborhood? Does the commute work for you and your family? Is the home built well-with solid construction? 

If a homes needs paint and updated kitchen and bathrooms but is otherwise perfect-give it consideration. My personal home buying experience is no different from many home buyers today. We've all watched way too much HGTV and want, what we want, right now! But if a house has true potential, and needs mostly cosmetic updates, it could become your dream home. 

A final word of caution-my grandfather used to say; 

 

"You Can't Make a Silk Purse from a Sow's Ear"

 

 To be honest, the first time I heard him say this, he was describing a guy my sister was dating-but in this case, it accurately describes many houses.

 

We see poorly constructed homes all over the Greater DC area. Many times, these homes will have new granite counter tops, wall -to wall carpet and maybe updated bathrooms. But the truth is, if the bones of a house are no good-it's a sow's ear! 

 

References for buying a home

 

HomesBuyHendersons

Buyer's Edge

National Association of Exclusive Buyer Agents

U.S Department of Housing

 

 

 

 

Posted by


4849 Rugby Avenue Bethesda Maryland 20814 office 301.657.1475 cell 301.922.1677

 

Victoria Henderson is Vice President & Associate Broker with Buyer's Edge, Exclusive Buyer Agent & Realtor in Virginia, Maryland and Washington DC. Victoria is a certified Military Relocation Professional 

 

 

Marshall Henderson is a Certified Negotiation Expert & Exclusive Buyer Agent with Buyer's Edge & Realtor in Virginia, Maryland and Washington DC

Certified Negotiation Expert

 

Members of National Association of Exclusive Buyer Agents

Not Just a Buyer's Agent, an Exclusive Buyer's Agent. There's a Difference. Learn more at: 

 HomesBuyHendersons.com & BuyersAgent.com

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Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Thank you Sam Shueh for commenting and reading our blog 

Enjoy the day

 

And thank you Sham Reddy! HGTV can make our job very challenging

Apr 23, 2016 10:09 PM #14
Rainmaker
3,635,550
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Henderson's. This is just perfect. I can so relate and my own home was like that. My setting sold me: the home I changed and I'm happy I did.

Apr 23, 2016 10:39 PM #15
Rainmaker
1,698,206
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

In fact you can make a silk purse from a sow's ear!  You just have to expand your search criteria and open your eyes.

Apr 23, 2016 10:48 PM #16
Rainmaker
3,156,834
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Thanks to Patricia, I did not miss this great post!  Well done!

Apr 23, 2016 11:30 PM #17
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

I'm with you Sheila Anderson! Glad you created your dream home

Apr 24, 2016 12:54 AM #18
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Good Morning Lisa Howe-good point! I sure hope we cross paths sometime soon-how funny we meet here but live in the same area.

Apr 24, 2016 12:55 AM #19
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Hi Kristin Johnston-I'm thankful to Patricia too! Thanks for stopping by

Apr 24, 2016 12:55 AM #20
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

You have certainly raised some good points, Victoria. So many buyers, especially the first timers, have a tough time sorting through the pros and cons when looking at properties. There are always issues of one sort or another, the challenge is to not let the negatives outweight the positive, unless those negatives are really big or expensive issues. And it's hard when the inventory is low and they are hopeful with each house only to find things they have a hard time overcoming!

Jeff

Apr 24, 2016 12:56 AM #21
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Yes, Jeff Dowler! Sorting out the pros and cons-most challenging part of our work! Especially when you're dealing with the most expensive purchase someone is making in their life. Inventory is picking up in Maryland-still very competitive in VA and DC.

I sure hope the market gets better for you in Carlsbad

Apr 24, 2016 01:00 AM #22
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801,625
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

What a great post! I bought a 1951 brick Mid Century Modern home this summer (says the woman who loves Victorians). After we signed the papers, my husband and I laughed that it was NOTHING at all like what we were looking for, but everything we wanted. It hadn't been touched since 1971, and we left the orange shag in one closet to remind us of how far it had come. I've never loved a house more. ;)

Apr 24, 2016 01:29 AM #23
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Marshall and Victoria, I included this post in today's Last Week's Favorites. Hope you enjoy the rest of this beautiful weekend!

Apr 24, 2016 03:28 AM #24
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Thank you Patricia Kennedy! 

Apr 24, 2016 03:33 AM #25
Rainmaker
1,543,858
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Thanks to Patricia for including this wonderful post - otherwise I might have missed it. 

I love your comparison to a silk purse and a sow's ear. Some might have called your home the sow's ear - but no. It really was the silk purse, just sort of in hiding! 

Apr 24, 2016 03:54 AM #26
Rainmaker
1,523,605
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Depending on the amount of inventory in a market a buyer may have to buy a house that needs some major remodeling.

Apr 24, 2016 04:28 AM #27
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Victoria- I came over from Patricia Kennedy 's post. Our first home in Delray was one we walked out of two times and laughed at before we finally realized the bones were there.  We just needed to take care of the cosmetics.

Apr 24, 2016 09:13 AM #28
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Thank you Marte Cliff! I love these old expressions too. Have a wonderful week!

Apr 24, 2016 09:55 AM #29
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Excellent point Sybil Campbell-thank you and enjoy the beautiful weather in Williamsburg

Apr 24, 2016 09:55 AM #30
Rainmaker
297,390
Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Hi Kathy Streib-we laughed at our house too! even sang the theme song from The Brady Bunch-Take care and enjoy the gorgeous spring weather

Apr 24, 2016 09:57 AM #31
Rainmaker
755,707
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

I always bought the houses with good bones and not so much else and I've never regretted those purchases. They always worked out just fine.

Apr 24, 2016 10:51 AM #32
Rainmaker
413,193
Lisa Heindel
Crescent City Living LLC - New Orleans, LA
New Orleans Real Estate Broker

We called our house the money pit for the first 2 years we lived in it...being able to envision how we were making it our own was critical, because lord knows, it was definitely a sow's ear to start with!

Apr 25, 2016 04:07 AM #33
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Real Estate for Home Buyers with Buyer's Edge
Looking for Buyer Agents in Maryland, Virginia or Washington DC
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