4theloveofdisney
Faith, Hope, Kindness, Patience, Mercy, Love...and
- Joined
- Sep 22, 2004
- Messages
- 1,617
I want to stress how fortunate and blessed we feel to have this problem so I hope you don't think we sound petty.
Here's the story: Our neighborhood's home prices have gone substantially upwards and if we sell our house, we could make some decent money, pay some bills and move to a bigger house and keep just about the same mortgage payment. Our nighborhood used to be nestled by woods but is now being surrounded by commercial things in the front half - the back of it and pool area are not bad at all. Unfortunately, we live in the front. : (
Here's the but...We are struggling with moving the kids just for the sake of a bigger/better home. We found two homes that we love and both could work for us. I have to say that we love our neighbors, we love our neighborhood and we love our school. But the new neighborhood is also a great neighborhood and the school is actually better rated school than ours.
So, our choices are:
1) Move to a another house in the back of our neighborhood with an unfinished basement that would give us more space - a pretty nice deal though it needs updating.
2). Move to our dream house that is on a huge lake and is a beautiful home in a peaceful setting but the house needs works and it pushing our budget limits but not breaking them - Kids would have to change schools.
We want our kids to be happy first and foremost but we are so confused!!!
We can't make up our minds. The Lake house is more than we could ever have dreamed of owning. The basement home in our neighborhood is all that we ever imagined we could want and they are both within our means.
What do you do???!!!!
I think I know the answer but just want to see what you would say.
TIA!!
Here's the story: Our neighborhood's home prices have gone substantially upwards and if we sell our house, we could make some decent money, pay some bills and move to a bigger house and keep just about the same mortgage payment. Our nighborhood used to be nestled by woods but is now being surrounded by commercial things in the front half - the back of it and pool area are not bad at all. Unfortunately, we live in the front. : (
Here's the but...We are struggling with moving the kids just for the sake of a bigger/better home. We found two homes that we love and both could work for us. I have to say that we love our neighbors, we love our neighborhood and we love our school. But the new neighborhood is also a great neighborhood and the school is actually better rated school than ours.
So, our choices are:
1) Move to a another house in the back of our neighborhood with an unfinished basement that would give us more space - a pretty nice deal though it needs updating.
2). Move to our dream house that is on a huge lake and is a beautiful home in a peaceful setting but the house needs works and it pushing our budget limits but not breaking them - Kids would have to change schools.
We want our kids to be happy first and foremost but we are so confused!!!
We can't make up our minds. The Lake house is more than we could ever have dreamed of owning. The basement home in our neighborhood is all that we ever imagined we could want and they are both within our means.
What do you do???!!!!
I think I know the answer but just want to see what you would say.
TIA!!

I always educate my clients to think long and hard about size vs. long term financial strain. Money stress is tough on your health long term, and I'm not kidding about that, it can hurt your marriage as well, in little ways that end up being big. I'm not opposed to big houses (my pay checks
big houses) but I personally feel that living below the "recommended" percentage of your income for housing is your best bet. You never know when something "big" will happen that will push that "pushing it" budget right off the edge.
She is a sophmore in HS now. We know the reasons why we moved were important.