Price's same,new house or old?
First of all,because I live in CA, I consider my house is not only a place to live but also an investment.
There are houses built in 1976 and houses built in 2001 -2004. All in exerllent area in orange county. same size(1900-2000sqrt), same # of rooms(4 bedroom) and same price.
Old houses has low HOA or mello roos, but not much community ammenties.
New houses has $200 HOA and high mello roos. but has playground, tennis court, clubs and pools, and HOA kept the surrounding area beautifully.
My hu*****and has different opinion when comes to house. He'd rather buy the old house and pay more principal, because he thinks paying mello roos is wasting money. However, I think new houses will sell higher after 7 or eight years. Which way do u think is a good investment?
