*UPDATE 11/1/2010* --- I purchased the home in 2007 for $283,000 and sold it in 2010 for $305,000. In a bad housing market, I was very fortunate to sell the house. When I bought the home I never intended to sell it only a few years later. I took a financial hit, but I still consider myself lucky as it sold quickly while many homes in the area have languished on the market for months, even years.
In hindsight, I would recommend not buying anything built in the 1970s. Are there good homes built in the ‘70s? Sure, mine was one of them, but I was lucky. House's built in the 1970s tend to be poorly insulated (yup), often use suspect siding (yup), have poor layouts (oh yea), and terrible style (for sure). The 1970s style is just not my cup of tea.
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