Need to offload a house, but which one?

This post is going to be long. Basically my parents passed a couple of years ago leaving me their home which was also my childhood home. It’s a 90s SFH about 1800 sq ft, 3br 2bath, on 5 acres of land in the country about 30 minutes from any town. It’s a solidly built but they neglected things over the years – I’ve already replaced the roof six months ago as the roof had never been replaced, then I stopped there after getting outrageous estimates from various contractors and remodeling companies. 90s finishes throughout, house needs siding repair (cypress wood), paint inside and out, porch repairs, popcorn ceiling removal, new light fixtures (a couple don’t even work anymore), kitchen is very outdated and small, etc. Due to all the stress and me being overwhelmed with it and not being able to get anything done to the house, I ended up buying another house in town in a neighborhood. However, the issue is I’ve realized out of my stress and pressure to just find a home that was “move in ready” I’ve missed several things with the house I purchased a couple months ago. I’ve already had to replace the AC condenser for example, and downstairs flooring. It’s also a 1990 build with about the same amount of square footage but the sellers had made several modern updates over the years unlike my parents house. But I’m finding that I feel I overpaid ($265k in NC) for essentially what is still too similar to my parents house. I feel like I fell for the upgraded finishes and didn’t see underlying issues – not to mention the sellers and realtor just straight up lied about a couple of things during the inspection and viewing process and now I’m on the hook for it. I have friends telling me I should just sell the house I just bought and move into my parents house and renovate it since it has acreage unlike the house I bought in town, but their house would require much more time money and effort but I will admit it is a solid built custom home compared to this which is in a great neighborhood but is a tract home at the end of the day. Just not sure if I should cut my losses with the new house I bought or just proceed with what I’ve already invested in to the home I purchased. I was a first time home buyer. Thoughts?

submitted by /u/FutureLCSW
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This post is going to be long. Basically my parents passed a couple of years ago leaving me their home which was also my childhood home. It’s a 90s SFH about 1800 sq ft, 3br 2bath, on 5 acres of land in the country about 30 minutes from any town. It’s a solidly built but they neglected things over the years – I’ve already replaced the roof six months ago as the roof had never been replaced, then I stopped there after getting outrageous estimates from various contractors and remodeling companies. 90s finishes throughout, house needs siding repair (cypress wood), paint inside and out, porch repairs, popcorn ceiling removal, new light fixtures (a couple don’t even work anymore), kitchen is very outdated and small, etc. Due to all the stress and me being overwhelmed with it and not being able to get anything done to the house, I ended up buying another house in town in a neighborhood. However, the issue is I’ve realized out of my stress and pressure to just find a home that was “move in ready” I’ve missed several things with the house I purchased a couple months ago. I’ve already had to replace the AC condenser for example, and downstairs flooring. It’s also a 1990 build with about the same amount of square footage but the sellers had made several modern updates over the years unlike my parents house. But I’m finding that I feel I overpaid ($265k in NC) for essentially what is still too similar to my parents house. I feel like I fell for the upgraded finishes and didn’t see underlying issues – not to mention the sellers and realtor just straight up lied about a couple of things during the inspection and viewing process and now I’m on the hook for it. I have friends telling me I should just sell the house I just bought and move into my parents house and renovate it since it has acreage unlike the house I bought in town, but their house would require much more time money and effort but I will admit it is a solid built custom home compared to this which is in a great neighborhood but is a tract home at the end of the day. Just not sure if I should cut my losses with the new house I bought or just proceed with what I’ve already invested in to the home I purchased. I was a first time home buyer. Thoughts? submitted by /u/FutureLCSW [link] [comments]

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