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10 REASONS OLD HOUSES ARE A GOOD INVESTMENT IN ANY KIND OF MARKET
1 There is a finite number of them.
2 They are getting rarer.
3 Their construction is solid.
4 They were built to last.
5 They have already passed the test of time.
6 They have detail: moldings, baseboards, panel doors, plasterwork, fireplaces, etc.
7 They are generously proportioned.
8 They’re green: re-using an old house instead of building new saves energy and resources.
9 They have intrinsic value.
10 They hold their value in a downturn.
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12 comments
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February 12, 2009 at 1:24 am
Melissa
Ooohhhh, a tin ceiling!
Open space!
I really need to get out of NYC now.
February 12, 2009 at 9:07 am
Ellen
Cara,
What a gem! How long did it take you to get it looking so good? Hey, you should have your own magazine…I’d buy it. The setting of my house in East Quogue looks very similar to yours, although it looks like you actually attend to yours. The next time you’re out this way, stop by. I’d love to get some good ideas.
February 12, 2009 at 9:15 am
cara
Oh, 5 or 6 years! I started this blog in December, so no one knows it yet, but I’m a mad keen gardener as well as old-house fanatic.
Come spring and summer, there will be LOTS of garden-related posts. Yes, I attend to it, as well as my Brooklyn garden – and don’t even consider it work! Thanks for your comment and invitation, Ellen.
February 12, 2009 at 12:35 pm
Carolyn
How lovely!
Say, Cara, can you recommend a b&b or hotel that’s under $100 in the Hudson Valley?
February 12, 2009 at 4:01 pm
cara
hi Carolyn, I haven’t personally experienced any B&Bs or hotels in the area, but Bard College has a comprehensive list of them at http://www.bard.edu/admission/visiting/accommodations.shtml. Anyone else have a suggestion?
February 12, 2009 at 9:56 pm
Alecia Stevens
And you can’t even send this to Country Home anymore. It is wonderful! I;ve decided the field editors need to start their own online mag!
February 12, 2009 at 10:16 pm
cara
Yes – called Rejected Homes!?
February 13, 2009 at 11:28 am
JC
What a beautiful place! I especially love the tin ceiling, the china cabinet, the shiny new stove, and those kitties! Are they wild, or yours?
February 13, 2009 at 11:32 am
cara
Thanks, JC, and no, the cats are not wild! They’re my daughter’s – they grew up in NYC, but love the country.
March 3, 2010 at 10:21 am
Caren Rosenthal
Anyone out there wondering why I’m so thrilled to have Cara as my new across-the-street neighbor???
February 14, 2011 at 1:49 am
annika
Is this architectural style popular in the area? Is it dutch? The interior and garden are nice too.
February 14, 2011 at 8:54 am
cara
hi, Annika. It’s just a cabin in the woods that started out in the 1930s as a single room (we found newspaper from 1936 stuffed in the wall for insulation) and was gradually added onto over the years. I don’t think it’s any architectural style in particular – definitely not Dutch. Glad you like it!