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Reply to "Should we move from our current near perfect town for a nicer house?"
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[quote=Anonymous]We currently live in a wealthy NYC suburb beach town and is considering moving options. We need to upgrade to a larger house (due to increase in family size) that costs around 2.5 to 3 million in the town we live. While such price is within our means, we can get a much nicer house for 1.5 to 2 million in an inland town near where I currently work (about 1 hour additional drive). The school district in the inland town is excellent though slightly worse than the current beach town. We have listed the current pros and cons Pros: 1. Nicer/larger house at a cheaper cost and lower overall living costs. We have a very large family that needs a lot of space. 2. Easier for us to afford a public middle school+ private high school education plan for our kids, hopefully a better education than going full public at our current town. 3. Significantly shorter commute for me (need to commute twice a week) but longer commute for my spouse to NYC (once a month). Cons: 1. Lose easy access to NYC (2 hours instead of currently roughly 1 hour), the inland town still has easy access to great healthcare and airport and some city culture amenities (relatively minor). 2. No more beach, though the inland town is considered beautiful with lots of hiking/lakes/hills around. We don't like boating if that matters. 3. The inland town, though affluent and beautiful, is not as nice and vibrant as current town. Our kids are young and we have friends in both towns while our family is far away, so we don't worry about the social aspect of the moving. It's hard to give up our current town and we are struggling with our decisions, do you think moving to the less expensive town is a good idea in this case? What other factors we missed in our consideration?[/quote]
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