Buying A Home
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Time to move?

I bought a house 9 years ago when I was single. I love it and it's a great 1 person house! My husband and I got married last year, and as much as I love the house, it's a little small for 2 people. My main concerns are there is only 1 bathroom, and when we host our families for holidays/ get togethers, everyone has to smooth into the small living room or kitchen. The house is in really good shape, but there are some things I would like to do, such as update the kitchen and bathroom, finish the basement, enlarge the driveway to accommodate 2 cars. These things would be nice, but we have so far managed to live without them. If we put $ into the house to do that, we would continue to live here. My husband likes it here and says he wouldn't mind staying, but I'm ready for a change. I'm indecisive because I have an emotional attachment to the home it has become, it's in a great suburban location, and the neighbors are for the most part great- but- we are in our late 30's, and if we move I don't want to take out a mortgage that we pay with our social security checks! I would like a larger place with more room and I've always wanted a little bit of land for some chickens maybe and a huge garden. Any advise on how to decide when it's time to move? Btw we are not planning on having kids, so that's not a factor in the decision. Thanks!

Re: Time to move?

  • Yes, the house would be a little "over improved" for the neighborhood, but not obnoxiously so. I've been looking at listings on the neighborhood- most are as the house currently is, but I have seen a few with significant updates like I would do. If we made the updates many of our needs would be met, but there is no way to expand the square footage (1080 sq ft) or the small suburban yard (no chickens allowed per the town). I could live with the updated house, but it would be nice to upgrade a bit. My parents stayed in their "starter house" for over 30 years, and now my mom regrets waiting so long to move. A bigger house/ yard/ garden =more work, and I want to be able to do it while I'm young enough to do it ( 40 really isn't the new 20, no matter what they say! ) The biggest dilemma isn't the $ or mortgage, I guess it's more wondering when or even if we should pull the trigger. I have an attachment to this place, so that's why I'm hemming and hawing over the decision. I wanted to hear from others, how they decided it was time to move not out of necessity, but more because it seemed like it was time to move up.
  • The updates sound nice, but if its tight on space then you'll likely still want to move a few years after the work you do.

    H and I just purchased our first home together (we are 27) and its 1012 sq ft. Its bigger then our apartment of 3 years (a lot more space when you add in a basement, large deck and yard) so it GREAT for us, but I do question the longevity of the space for when we start a family. We talk about additions we can do in the future, but sometimes it seems like it would just be easier to move?

    As PP has said, just start looking into what your house would sell for and what is in your area. I perused realtor.com for months before we were actually ready to purchase so I could see what was out there, and what our budget could get us!
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  • OtterJOtterJ member
    Fourth Anniversary 100 Comments 25 Love Its Name Dropper
    edited August 2014
    You bring up some very valid concerns/dilemmas.  I think you've been given some very great advice - talk to realtor, and see what your options are.  You love this house now, but if you can find a house with the space & land you want, you could just as easily fall in love again. 

    My Aunt & Uncle bought a small house, and the house grew as their family did.  Originally about 1,000 square feet, it is now over 2,000 and on a double lot (and that doesn't include the boat barn, carport, or greenhouse/studio space he built).  But even listing the price low for the massive size of the house/yard, being surrounded by small & cheap houses is making it very difficult for him to sell.  His particular experience with over improving his house for the neighborhood is a bit extreme.  Finishing a basement seems like a much more reasonable upgrade than doubling the actual size of the house (he also added a bathroom....so that's an option if you really want a second).  Plus, if you do decide to sell far down the road, it is possible that some of your neighbors will decided to make similar upgrades (although, it's not guaranteed). 

    If you do decide to stay in your current house and upgrade it, make sure that the upgrades are things that you really want.  You won't recoup the costs of expansions or improvements, so make sure you're doing it for you to enjoy & live in.  My Aunt & Uncle loved and used every square inch of their house, and even though they're having a hard time selling, I don't think they regret it.  The only reason why they have to sell is because they're getting too old to take care of such a big house, so they're downgrading. 

    You really won't know what your options are until you start looking for your potential "dream" home.  Whether or not you are even able to find your perfect house with permission for chickens, 2 bathrooms, hosting space, and in your price range will be a big deciding factor on your Stay or Go dilemma. 

  • Thanks y'all, it's good to hear other opinions. After much discussion with my husband, we decided we will look around to see what other houses are out there. I know it may take a while, but the "right" house for us is out there somewhere, just like our current home will be a great "right" house for the next owners.
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