House Hunting

I can now cer­tain­ly af­ford a house in Cleveland. Whether I can af­ford a house in Tremont is an­oth­er mat­ter. I’ve done some re­search in the past [1, 2] and the prog­no­sis wasn’t good. There is an up­com­ing Tremont-wide open house that might be a good chance for me to find some­thing, but it still looks like most of the places are more than I can af­ford. I don’t want to spend over $80k for a home or $110 for a du­plex, but most of what I’ve seen on the mar­ket is go­ing for twice that.

Even the tini­est of hous­es in the trendy part of Tremont are sell­ing for $85k. This one looks much more promis­ing, al­though the crime in that part of Tremont is pret­ty bad. There is a du­plex on W.10th, right around the cor­ner from where I live that I’d like to look at, but I can’t find the list­ing for it any­where. There are plen­ty of op­tions ac­tu­al­ly, but with prices so in­flat­ed in this area, I won­der what the catch is. Nonetheless I can look and learn all I want.

Here are some that I’ve found in just brief bouts of look­ing:

1054 Holmden
2603 W. 15th. [More than I want to spend on a sin­gle fam­i­ly, but I could af­ford it.]
2481 Thurman Ave. [Might have some pos­si­bil­i­ties, but many hous­es on Thurman are com­plete­ly bombed out, and this price for a 2-fam­i­ly makes me think it might be.].
2165 Columbus [I can’t de­cide if prox­im­i­ty to the VTR is a good or bad thing.]

I tried to nav­i­gate the Howard-Hanna Smythe-Cramer site, but it is com­plete­ly use­less in terms of search­ing. I polled my neigh­bors for rec­om­men­da­tions for a good re­al­tor and will al­so look in to the FSBO places. One of my neigh­bors al­so of­fered to help draw up the con­tract if I find a FSBO that suits me.

Sure I want to have my cake and eat it too, but main­ly I want a good price on a sol­id house that isn’t go­ing to re­quire mas­sive amounts of re­ha­bil­i­tat­ing. The house that I looked at across the street from where I cur­rent­ly live was on the mar­ket for $40k had no fur­nace or duct­work, ex­posed wiring and lath­ing and rot­ten sid­ing and ceil­ings. The guy who bought it prob­a­bly put that much if not more in­to it to make it liv­able again. That’s what I want to avoid.

6 thoughts on “House Hunting

  1. Good luck house hunt­ing. It took many months to find our house and it still needs more work than it’s worth. I hate to say the old, tired phrase, but it turned out to be true for us: Location, lo­ca­tion, lo­ca­tion. Sure, I’d be hap­pi­er with the amount of work (or lack there­of) in some of the hous­es that we looked at, but the ex­tra dri­ve + ques­tion­able neighborhoods/​schools meant that I’d rather work more on a crap­pi­er house in a good neigh­bor­hood than have a de­cent house in just an ok neigh­bor­hood. Remember that you can change things with your house/​property, but you can’t change where it is lo­cat­ed.

    Also re­mem­ber that some­times, you can have re­al jerk­faces as your im­me­di­ate neigh­bors, thus mak­ing the rest of the neigh­bor­hood not as fun.

  2. hi ad- check out re­nees house on the cor­ner of 8th and bray­ton. 87,000 with an ad­di­tion­al lot.

  3. and the du­plex on west 10th, is it the yel­low house with the plas­tic flow­ers in the yard across from big guys? his name is stan. maybe leave him a note????

  4. I want­ed to point out how strange those prices now seem. You couldn’t even buy an 1 bed­room in Brooklyn for those prices 😉

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