KindaEgotistical OP t1_j5tbis9 wrote on January 25, 2023 at 12:40 PM

Reply to comment by stjmichel in The inventory of houses suck by KindaEgotistical

Location really isn’t a bother for me I’d possibly move out of CT given the chance. My wife though would rather stay somewhere in new london county 90% set on Waterford, 10% on Groton or Montville / 😅 so kinda stuck here lol but getting a house under 300k in Waterford without problems seems like a lottery ticket winning

passthetoastash t1_j5wfzh4 wrote on January 26, 2023 at 1:06 AM

Pawcatuck might be a little further east than you're thinking but I love it here! Prices have been crazy over the last couple years but I still see the occasional outdated fixer upper with loads of potential.

stjmichel t1_j5tcbys wrote on January 25, 2023 at 12:47 PM

My spouse and I AND my mom were also set on a different location originally (Farmington Valley) but after a little while seeing what we could get in the valley for the same price as somewhere out East, we sucked it up and just did it. We were pleasantly surprised!!

But also, if she wanted to be closer to the shore, towns like Salem might better fit the bill.

KindaEgotistical OP t1_j5tcpiz wrote on January 25, 2023 at 12:51 PM

Aha right now it’s my spouse and her mom that are for the most part set on Waterford. it’s tough but if we can find a decent house in a good location sell it in like 5-10 years we can use the equity we built and or money we’d make selling to get a house in new london county or wherever else. That’s my thought process right now

STODracula t1_j5tefbg wrote on January 25, 2023 at 1:07 PM

I'd be careful about that "money we make" assumption. I bought at the 2006 peak. Took 15 years for the price to get back above that peak.

KindaEgotistical OP t1_j5temxp wrote on January 25, 2023 at 1:08 PM

I’ll actually keep that in mind that is good to know that, that could be a possibility