The first house was over our budget. By quite a bit. And still needed a lot of love. There was this amazing staircase with a skylight in the room between the living room and dining room (what is that?); beautiful built ins I couldn't wait to decorate; horrible laminate floors, a tiny backyard, no central air, a giant whirlpool tub and a spiral staircase to the basement. Well that wouldn't work—at that price, we would have to rent the basement.
Then there was the house with great details but apparently the second bedroom upstairs had been a kitchen? The ceiling was caved a bit, but there was amazing tin ceilings in the dining room and kitchen. It had at least 4 fireplaces. A garage that was also caving in. We missed it by a couple hours.
Then there was the gem of Petworth, overlooking a beautiful park. Mostly renovated with the period, needing minor work, with a garage. We pushed our budget for that one, the kickass finished basement would have to be rented.
And then there was the house off H St, even though I really didn't want to settled down over there. It was an okay house - big backyard but no basement. It was near Union Market, H St, where the new Whole Foods was going in. It was a cash maker. A head purchase, not a heart purchase like the previous ones would have been.
And now there is the diamond in the rough (rough being the operative word) of Brookland. An estate sale that smells like cigarette smoke, is covered in burgundy carpet and backs an auto shop. But has central air, a newer roof, new electrical and other systems, is a 10 minute walk from the metro and a 15 minute walk from all of Brookland. There is a bit of a caved ceiling in one room, but our inspector says its just old plaster-no water damage. There are termites, or were, in the front of the house. But it has original floors (even if some of them need patched).
That's where we are today. The house is almost 200k under our budget, lacks real character, but has a lot of room for improvement. We should close on December 30th and then the real fun begins.