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New loft, or keep my house

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Old Jan 24, 2007 | 07:20 AM
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Default New loft, or keep my house

OK, I am 37 years old and single. I have a beautiful 1300 square foot, new construction house with 10ft ceilings, open floorplan and mahogany hardwood floors thru out the whole house, and a 1 car garage.

But it's out in the burbs

I have an opputunity to buy my dad's 800 square ft loft for a good price. It has an 800 square ft unfinished basement and another 400 sq ft on the unfinished upper loft portion, for a total of 2000 sq ft and it is in the city where I want to be.

But that was before I fell in love with my garage and the S.

I wash my car in the garage late at night so that the next day I am good to go. I have even washed my car in the garage while it was raining at night as long as the next days weather report called for sunny skies.

So would you guys lose the garage, to gain a cooler place to live.
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Old Jan 24, 2007 | 07:29 AM
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yes - I would (especially if you will be living in downtown Nashville inside the 1-40 loop). My home does not have a garage. I love my home - house comes 1st, car 2nd and actually - the car does not really suffer.

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Old Jan 24, 2007 | 07:30 AM
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Hard Choice. Having a garage is reallllly nice. I'm kind of in the same boat but not quite.

I've got a 3 story rowhouse with 2 car garage. Its in the burbs. The place is great. Newly constructed, the works. Maple Hardwood,granite etc...

I want to move into the city. But anything with even a 1 car garage is at least double the price of my house. I don't like garage parking spots because other people park next to you, and you can't do a lot of simple maintenance. Couldn't even store and extra set of rims. Things like that really have me stuck here for a while.. but its not that bad.

It'll come down to what's most important for you. Good luck.
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Old Jan 24, 2007 | 09:36 AM
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Personally I would want the garage. You can work on the car, just as you have already done, store more stuff, etc. I live in the burbs too and the main thing preventing me from moving closer to work, in downtown Houston, is the lack of garage space.
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Old Jan 24, 2007 | 09:40 AM
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The trick is that you will be living in downtown Nashville. You couldnt pay me to live downtown. In a city like NYC, Chicago or Boston living downtown is great. There is a lifestyle to be had and the resources to support metropolitan living. In downtown Nashville there is a whole lot of nothing.

Where will you go grocery shopping? Can you walk anywhere useful? Do you really want to be surrounded by tourists everyweekend and only have the option of going to bars and restaurants that are largely focused at bringing in tourists.

I've thought about what life would be like in downtown Nashville many times and I've had this exact discussion. I simply cannot find anything that would draw me to live downtown. Boston or Chicago? Yep, I'd live downtown in a heartbeat. There are simply not enough resources to support living in downtown Nashville. In-My-Opinion.
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Old Jan 24, 2007 | 09:50 AM
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For the investment potential alone, I'd opt for the downtown house. Screw the garage. Update the place with a finished bsmt/loft and you're good to go.
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Old Jan 24, 2007 | 09:51 AM
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Originally Posted by ImportSport,Jan 24 2007, 12:40 PM
The trick is that you will be living in downtown Nashville. You couldnt pay me to live downtown. In a city like NYC, Chicago or Boston living downtown is great. There is a lifestyle to be had and the resources to support metropolitan living. In downtown Nashville there is a whole lot of nothing.

Where will you go grocery shopping? Can you walk anywhere useful? Do you really want to be surrounded by tourists everyweekend and only have the option of going to bars and restaurants that are largely focused at bringing in tourists.

I've thought about what life would be like in downtown Nashville many times and I've had this exact discussion. I simply cannot find anything that would draw me to live downtown. Boston or Chicago? Yep, I'd live downtown in a heartbeat. There are simply not enough resources to support living in downtown Nashville. In-My-Opinion.
It depends where. I lived in Hillsboro village - everything is there. It is downtown - if he's talking about all the stuff near the waterfront then I agree w/you.
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Old Jan 24, 2007 | 09:51 AM
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Originally Posted by kadeshpa,Jan 24 2007, 12:50 PM
For the investment potential alone, I'd opt for the downtown house. Screw the garage. Update the place with a finished bsmt/loft and you're good to go.
EXACTLY
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Old Jan 24, 2007 | 09:59 AM
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Originally Posted by kadeshpa,Jan 24 2007, 12:50 PM
For the investment potential alone, I'd opt for the downtown house. Screw the garage. Update the place with a finished bsmt/loft and you're good to go.
I'd definitely agree with this one though. It does sound like the place has a lot more potential having all that unfinished space.
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Old Jan 24, 2007 | 11:03 AM
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Yea the unfinished space is why I'm even considering it, because then it would be like 3 levels. For you guys familiar with Nashville it's the old Werthington Mills factory that backs up to Germantown. So I'm not in the middle of downtown but more the outskirts of downtown, which is what I like better.

There is nothing to walk to from there, but that is not my main issue. I just would like to be more centralized. Me and most of my friends live in Antioch, my mom lives in Donelson, Girlfriend in Madison, other girfriend in Bellvue and coworkers in Brentwood. I drive all day all over the city and it would be nice to leave anyone of those areas and just have to go downtown instead of hiking back to Antioch.

Importsport I definetaly understand your point, which is why I would only buy my dad's unit because of the great deal. The other developments are nearing 300 bucks a square ft and for that kind of money Nashville just doesen't offer what I'm looking for as far as night life every night of the week. So I would not try and kill myself financialy to live down there for what they offer......now if it was Atlanta


I'm probably going to do it, but this morning I left my girfriends house to go to work and the car was covered in ice.
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