To us, the main problem is not the powerline (at least not to me).
The problem is that the house is really too big for us and the layout is just weird.
The material (wool carpet and hardwood floor…etc) and the price are very attractive.
But, from the investment’s point, we probably can make more money from the stock market with our downpayment than buying this house.
I think the fair value is $1.1M (920K + 3% inflation from 2002). With 500K investment, we have potential upside of 100K, and I think that is not a very good investment option.
If we have another crash in the stock market this year, I think we probably can make another 100K with just $100K investment.
ok, I know, I know, I should stop padding my own back now…
