Are Victorians Houses a good investment

> t.shit for brains.

dollhouse

>buying the top
user..

From what I understand everything’s already been updated

Regarding location - town is already 96% white and has a train to nyc (it’s in nj where house prices are insane)

The inside is amazing too

I have several victorian rental homes.
Benefits:
>generally over constructed
>sometimes come with features that would be considered high luxury that would be extremely expensive to install in a new home
>not soulless modern house design
>always in neighborhoods without HOA's
>sometimes comes with positive features illegal under modern building code and local ordinances that are grandfathered in.
Negatives:
>Higher maintenance costs unless fully rehabbed
>often comes with outdated electrical systems (it generally costs north of $10,000 to rewire a house from scratch)
>higher heating costs, modern houses are much better sealed and insulated
>often bought by people who think they are getting a cheap house, like buying a $2000 mint Maserati biturbo then discovering it will cost $5000 to replace your cracked windsheild. Houses then fall further into disrepair, when this happens at a large enough rate you get ghettos.

If you are handy an can do work yourself, victorians are a good way to get a better house in a better school district for a potentially lower initial cost than it would cost for newer housing.

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Thanks this is very insightful

For what’s its worth I believe the house in question is already fully rehabbed but need to talk to the realtor again

And yes - the interior has some amazing features you’d never find in a a modern house - luxury indeed.

Posting interior porn

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Anons I’m in love

289k with a train to the city for my job

20k down is 2k monthly mortgage same as I pay in rent now

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Yard

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i would paint that. But price looks okay to a leaf

I’m not too concerned with the gay color - the house is actually one of 15 in a small town in in NJ and I don’t think they let you choose the color for historical purposes

And each house is a different color, here is a blue one, a yellow one a green one etc.

kek you can't paint your own house, thanks boomers

Check if they are up to code.

I have one of the oldest houses in my city

1892 this fucker is older than my state.
I was lucky enough to have bought it after new electrical heating and all that.

I updated the furnace on my own and installed new AC.

The porches were literally rotten wood from the 1930’s that we redid and repainted.

The house used to be a cathouse after the railroad made it through
(Ogden Utah btw)

If the Victorian is up to code and modernized you should buy it

East coast hipster faggots love to rent these or buy them. Put in some elbow grease and fix it up cheap and sell it some basedboy nufaggot from Cali or the east coast

I’m pretty sure there are dead bodies under my house from the 1890’s

YOU HAVE DIED OF CHOLERA

Design looks great but check for age. Some Victorian houses are so old that the support beams are reaching their expiration. It's not like they handled termites well in 1780.

>Victorian
>Picture of American House
mfw

the answer is yes

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Op,to give you a less shit answer, just look for certain things when buying an older home

Do not buy any home with water damage especially in the roof, you might think its "just a leak" but that leak is slowly rotting the entire house

Check to see if the wiring has been redone, a lot of people redo wiring because it annoys them without realizing it increases the value of the home, always give retards plenty of room to ruin themselves

Check the plumbing, no matter how good it is, it will be fucked somewhere, my house had a *gas leak* for literal years that was only discovered as we were buying it

Check the roof, repairing a roof is more expensive than having sex with donald trump, you dont want to do it if you can at all help it

old houses normally have a can of worms somewhere, mine was that the carpet was literally glued to the hardwood floors, expect to need to spend more money than you think, and expect something to break right as you fix something else

congratulations on your gay house then

>wooden house
>house

pick one

exactly if there's a fire you lose everything, have to do way more maintenance as well

Dont have a fire, its actually pretty easy to maintain a wooden home, just dont be fucking stupid with your gas lines, or keep a 30 year old oven

Just imagine being a year in to a crypto bear market, but the very beginning of a market recession, and blowing all your money, right fucking now, on a depreciating asset that is about to tank in value.

The answer to your question is: no, fuck no, the difference between putting all your money into this gay looking house and slamming it all into Bitcoin will probably be:

Projected 5 year returns:

House of Gay: -25%
Bitcoin: 1000%

Literally what's going to happen, ignore this at your own cost.

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>He hasnt seen the midwest house market
Omae wa pink wojaku

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OK.

House of Gay: 0%
Bitcoin: 1000%

Now what

Housing isnt a static investment, if you want to make money you buy homes to rent them out, and they will make very secure income, they will almost never create a loss as everyone needs somewhere to live and places to live are by their nature, limited

bitcoin on the otherhand is an unreliable technology that probably will be accepted widely, but which one will be accepted is unclear, and while you might pick the right one and make a gain, you wont stick with it unless you're a bogdanoff, because one day the fudd will kill you

housing is an amazing investment, and only a literal retard would say otherwise

This

>wooden cuck shed
>289k$

U
S
A

I’ll have you know that pile of wood sells for 800k - 1.2 million dollars in Portland Oregon.

People that ignore charts and rely on boomer axioms for their investment strategies will be eating ramen every night over the next 10 years or more. BTL is the biggest boomer meme of them all and you would do better waiting 3 years and throwing it into equities than property.

If you're that antsy about crypto then hedge into a couple of top 10 shitcoins but seriously the idea of bricks and mortar being the safest investment simply because it is a physical asset is the kind of an idea my dog would come up with

Cape gay? Or ocean grove?

housing isnt a boomer meme, buying a property just to sit on is

At least that one has gutters. You just want to make sure it has been modernized in the right areas like wiring and drainage. Most Victorian homes are in downtown areas so they'll hold their value, and they're comfy. I live near Chicago and there are tons of them, I like them.

All the old Victorian homes in my town have been quartered off and turned into section 8 apartments for Dominican niggerspic immigrants and they're extremely neglected. It makes me so sad to see such beautiful homes turned into crack houses with front yards covered in litter and boarded up windows

These houses are like 200 years old. With a little upkeep they will always be habitable. Makes me laugh when Europeans who are permarenters shit on Americans for owning actual tangible land. Literally just perpetually angry and jealous cunts is all you are

victorian style homes are effectively a limited asset there will always be less of them, so that people who want one in reasonable condition have less and less options but to buy them for more, renters are the true cucks

t. apartment dwelling, 2 cylinder driving europoor.

Help me user. Are these wooden houses?

Who spends nearly 300 grand of a wooden house?

Fucking burgers

>who's behind that post?
Its sheckelburg!

These houses are actually made with high quality lumber by skilled craftsmen unlike new McMansion developments

Very informative, and I'm not even looking to buy one. Not many posts like this on Jow Forums anymore.

Absolutely beautiful. I would do it if that were close to me and my job. Unfortunately my area is all new garbage McMansion construction shit.

>have tropical storms
>build wooden sheds

Germany 1890

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Romania 2018

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Holy fuck, this is in a poor as shit country like romania??

Are you honestly impressed by this? Those are gipsey homes. Romania has many

Nigger look at them, I'd buy that shit in a heartbeat

Not all of the US is on the coast

You would not. While these houses are indeed quite big and fancy, they are rarely in a very good shape by western standards.

I am going to see the house tomorrow

but if you spend the money to fix them up they're like a palace

that looks like dig dug dog shit

Looks gay as fuck. Brick Colonial is the best architectural style.

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You will always spend more and more and more money to maintain such buildings. If you are done with the top after five years, you realize that there is something you need to replace in the basement, which you did five years earlier.

It is a cycle you need to be able to sustain. You are never really "done" with a house. And the bigger it is, the more expensive and more frequent the expenditures become.

My parents own a 4000 sq ft house that's about 20 years old and they've never had to do a single major repair on it.

>not a single major repair in over 20 years

I am sorry to tell you that, but you and your parents are in for a very, very bad awakening in the next couple of years, if they really completely neglected the house for two decades, even if it was build very well.

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Victorian landlordfag here again

Once wood passes several decades in proper (dry) conditions it basically petrifies and becomes termite resistant. Also, the beams in old construction are generally 1.5 to 2x larger than necessary (3x4" wall studs instead of modern 1.5x3.5" studs, crazy shit like that) , so you have wiggle room for damage. Your big issue to look for is water damage.

refers to the time period more than design

Yep, in 100+ years of various owners, somebody will have done something retarded to the house at some point. If the house has a major problem, you just have to make sure the owner fixes it as part of your settlement or that the price is adjusted accordingly so you can have it done yourself. Definitely get an inspector with experience doing Victorian houses.

>retard zoomer can only buy bitcoin at market value
>turns into pink wojak when he has to sell after the price collapses another 50%
>doesn't realize if you got real estate chops you can buy at house at 70% market value and instantly be up over 30% at time of purchase
>flip, rent, lease to own, airbnb, house hack, literally dozens of ways to make money off of your boomer-shack

Most of my Victorians are stone foundation and brick wall, with rough hewn large lumber framing inside. To be honest, my preference is stone foundation with wood-only framing, easier and cheaper to work with.

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Get ready for a lot of these types of things.

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That depends on the climate and location.

>Pole
>recently bought a concrete 2000 sq ft house, newly built
>nice yard all around it
>still had to spend over 25k to just START finishing it off

Ventilation was all fucked, we had cold and hot air leaks under every window and door, rain leaking in through cracks under window panes, insufficient roof insolation.

Houses are a giant money sink. Feels good to build it out for my family, though.

This fucking guy...

>Most of my Victorians are stone foundation and brick wall, with rough hewn large lumber framing inside. To be honest, my preference is stone foundation with wood-only framing, easier and cheaper to work with.
What about insulation? In Germany you can fill the empty space between the double layerd brick walls in 100+ year old houses with foam.

>houses are a giant money sink
they are if you dont get a good home inspection and buy some cobbled together piece of garbage where the contractors cut corners every step of the way.

why are amerifat houses always made of wood? don't you faggots have concrete and bricks? is this why you fatties lose your house every year from hurricanes? lmao

Take this question to so they can push your shit in, please. I don't have the time.

Not everyone lives in a shithole country, Pablo.

yes poorfags, tell me more about how cheaper and weaker materials are better.. the cope is real lmao

Do the research yourself, shitskin.

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>wind blows
>become homeless
>it rains
>become homeless
>paper catches fire
>become homeless
the absolute state of poorfags

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I almost want to take the time to explain cost&workability to durability ratio of the available materials in a country that spans an entire hemisphere, where every generation the entire working population is required to relocate geographically, but... instead I'm going to eat nachos.

its not hard to understand. You guys are poor and can't afford real houses

>no access to wood
>low building standards
>everything made of mud, brick, and stone

Shithole country problems.

You ain't offending me... As a muslim, live in a leather sack attached to your mom's waist.

real houses are made of concrete and bricks. your shitty wood sheds are barely better than mud huts in africa lmao

This guy's ghosting the big bad wolf in style.

Tell me more about real houses, Pablo.

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pretty sure mexicans have the same shitty wood sheds as you Jamal

They use a lot of concrete actually, because the wood boring insect problems are biblical down there. You'd love beaner commieblocs desu.

Lmao, you're too embarrased to even post an example of a "good house" in your country.

have you guys ever seen a castle made of wood? yeah I didn't think so. Stay mad and poor amerifats

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Probably an eastern euro hovel, complete with: green curtains, a genuine hobo stove cooking something cabbage related, and an 8inch black&White tv, but Americans don't know what living is...

Why do you keep posting Bangladesh shit dude? I'm loling

third world shitholes like bangladesh and africa are the only places other than USA that still have wooden houses. If it wasn't for the few cities there that have skyscrapers you would be considered 3rd world country too

You live in a castle?

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compared to the wooden cuck shed you live its a castle

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>Imaginary castle

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