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I'm not sure what you're getting at as you argue with me about maintenance and this guy about tear-downs. Look at that Boston home for example, nearly nothing
by steveBK123 2y ago
I'm not sure what you're getting at as you argue with me about maintenance and this guy about tear-downs.
Look at that Boston home for example, nearly nothing inside that home is original. Even the floors look replaced. Certainly all those windows, the siding, the roofing.
Look at the kitchen and baths, all redone in last 10 years probably.
Look at the bedrooms - mini splits, also probably done in last 10 years. You can probably assume a pretty good gut reno to get that all done, at which time they may have gone all the way to the studs and done electrical & plumbing.
I have friends who live in 100+ year old apartment buildings that once you reach a certain project size you might as well go down to the studs because the old fuse box electric isn't up to modern requirements and god knows what's in the pipes.
Do you think the furnace/boiler are original?
That $1.2M home may have had $400k of renovation work in the last decade, depending on how much was done all at once. My point was that "reasonable care" involves a lot of 5-figure projects over the years, or a giant 6-figure project per lifetime.