I have an acre of land and a 4 bedroom house ...Also after a divorce a single man at 38 and I can say ... a house ROCKS.
1. I'm planning an Old School Keg party on my grounds for this summer. ( yards out front and back for camping + general hell raising. Cant do that in a condo ... try putting a tent up.
2. Chillin at the firepit on the patio at night with babes more often than not. They LOVE to see you have a house ... screams you have a tight game. Condo screams you renter.
3. Fireplace in the living room ... Ballin' and the site of a few really nice times with the ladies.
4. Equity. Yes, I have a lot of upkeep ...but, I have over $200k in equity on $400k house. apporx 50% paid off ... been here 2 years in this house. Resale vaule now is $380k which I have lost a little ...but, owning the land as well knowing things will go up in time i'll make out.
5. This is my home. I can add / remove / trip out whatever I want without permission of a board. Done the condo thing and getting approvals ( or told no ) sucks balls.
Bought my 1st house at 24 and this is my 5th. Each time I made a move to where now I call a very nice area home with $2m+ homes nearby, historic homes, Farms and alot of protected lands.
I'd go house every time.
