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vidya_pedam

Need your advice

3 years ago

We are debating between buying these two homes for investment. One home with a den a bigger lot (8500) downstairs with a half bath or a home with a smaller lot (5050) and a full bed and bath downstairs. Please advice. The price difference between these homes is 10K. We enquired for converting the half bath to full bath downstairs but the cost is adding to 100K due to reinforced concrete.

Comments (9)

  • 3 years ago

    The location is important

  • 3 years ago

    Both are on same street right cross each other in lathrop River islands

  • 3 years ago
    last modified: 3 years ago

    Is the area flooding? When it was reclamation island, then gold rush island, there was flooding.

  • 3 years ago

    There is no flooding risk in the area.

  • 3 years ago

    I remember three floods in the area, the last one in the late 90’s.


    Define Risk vs it happens.

  • 3 years ago

    What is the age difference between the two houses?

    What is the size difference between the two houses?

    Is one house the biggest in the neighborhood?

  • 3 years ago

    Which is the better quality house? Think about the quality of the materials and the workmanship as well. As an investment, you want a solidly built house with good materials and no fiddly features that need fixing and adjustments regularly. Doors, windows and drawers that stick, bind or won't close smoothly will be future repair or replacement costs.

    For example, I would prefer a house with older solid wood strip oak flooring over something with prefinished plank flooring. Strip oak can be repaired with replacement pieces laced in and refinished when the plank floor will need to be replaced. Investment properties will need repairs and maintenance and those costs can be significant. Avoid extensive landscaping that require professional upkeep.

  • 3 years ago
    last modified: 3 years ago

    This is a new development in a flood zone area of CA.


    When the levee brakes, your planned purchase will flood. I have seen the area flood three times. A few people have recently died in the area, same river when a levee broke


    Are you an out of the area investor?

  • 3 years ago

    Not everyone wants a large lot, for many reasons. The larger the lot, the more landscaping and upkeep, not to mention time, are required. However, more and more people want a fully functional downstairs bedroom and (full) bathroom.