So, my husband and I have this house that we snagged at a good price before the interest rates went up, and it’s shot up in value based on what other houses in the area are selling for. It’s in a nice school district, but things start to go downhill education-wise after 6th grade. We’ve got a kiddo, and with another on the way, we’re feeling the squeeze in our current place. The hubs wants more space, and honestly, I can’t blame him. We’re not in a rush to move, but we do like to check out open houses now and then just to see what’s out there.
This past weekend, we stumbled upon a house that’s pretty much the dream: river views, ample space for the kids and visitors, and it’s in a top-notch school district. The catch? It’s listed a bit high, and it’s been on the market for a while. The location is further from work, in a quieter neighborhood, and a bit of a trek from some friends, though not a huge deal. Our current place is super convenient – we can walk our son to school and everything else in town. I’ll definitely miss that if we move.
Growing up, I never would’ve imagined living in a place like this. While I’m head over heels for this new house, I can’t shake off the stress about the costs of maintaining it and the flood risk from the nearby river. The house is a bit elevated, which helps with flooding, but there’s still that nagging worry at the back of my mind. Our current home’s equity could cover the down payment, but what if something goes wrong, or the flood risk increases, affecting our savings or future resale value?
We’ve toyed with the idea of staying put, saving up more, and moving later. But that means uprooting the kids from their school and friends, which isn’t ideal. In our casual house-hunting, nothing has quite matched up to this gem we found. I’m drawn to the fresh start this new town could offer, despite the risks that keep me up at night. I’m torn, and I’d love to hear some outside perspectives on whether it’s worth taking the leap. The back-and-forth is driving us both a little crazy, so any insights would be greatly appreciated.