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Updated over 7 years ago on . Most recent reply

User Stats

21
Posts
7
Votes
Shane Sams
  • Corbin, KY
7
Votes |
21
Posts

3x2 Brick vs 3x1 Siding ... Help me decide

Shane Sams
  • Corbin, KY
Posted

OK, I have two homes.  A 3x2 brick house and a 3x1 vinyl house.  Both are similar in square footage and lot size.  Both are about $75K asking.

The 3x2 brick is in good shape and nice inside.  Already flipped. 

Notes

  • It needs a new roof
  • It's not in a neighborhood that is a good prospect for appreciation
    • Not a bad neighborhood or unsafe or anything, it's just older houses and stuff
  • The neighbor has two big dogs that are outside on electric collars.  Kinda scary, will need to buy privacy fence
  • The neighbors look fine, drive ok cars, but their porches are a bit junky

The 3x1 is also already flipped and in good shape.  

  • Only 1 bathroom
  • Vinyl, a little older but in great shape
  • Does not not need a roof and has a new AC unit
  • It is on a busy road, but it's in a much much nicer part of town.  There are some really nice houses near it, nothing too old or run down.  

I think a bathroom could be added to the 3x1 pretty easy (would lose a little kitchen) and really up the value of the home through improvements.

Not sure which would rent easier?  The 3x2 with sketchy neighbors, or the 3x1 with good neighbors and a better location.

If you could buy ONE of these which would YOU buy?

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