by EconE » Sun Oct 07, 2007 4:30 pm
Good question RCC...I have pondered that myself although I have come to the conclusion that it's hard to tell definitively. Old houses...although they may have "good bones" can turn into extreme money pits. With regards to condos...what's better...an old apartment complex that was on it's last legs anyways that was given the pergraniteel treatment or a new condo?
Would it possibly be more prudent to buy a lot and build to your specifications thereby allowing some amount of control over the quality and materials?