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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We currently own a home which is slightly too small for our family as the kids are getting older. We're considering buying a slightly larger home which is significantly more expensive but our dream house of sorts. We'd still be able to save for retirement and college for the kids. [b]We wouldn't be able to do private school[/b], country club, or trust funds for the kids. I realize we're very lucky and this is a good problem to have but still a difficult decision. Middle of the road option is to buy a less expensive house but there isn't any great ones on the market and [b]we risk having to change our kids elementary schools[/b].
Any thoughts or words of wisdom ?
[/quote]

I'm confused.  Are your kids in private or public schools?[/quote]

Op - They're in public but there are several different elementary schools in our district. Middle of the road options are houses that aren't updated - typically need new kitchen and sooner rather than later will need new roof/heating/cooling etc..[/quote]

Okay but a new kitchen, roof, HVAC, even "etc" doesn't add up to 1.5M.  I would never in a million years do what you're considering, but it's pretty inexplicable so the real reason you want to do it must be something you're not sharing.  The difference between not worrying about money at all, under any circumstances (private schools, country club[!], trust funds[!!!]) to possibly stressing about your kids' education if you think they'd do better in private once you hit MS/HS, just for a bigger house and/or to avoid renovating a kitchen at a different house ... I just can't understand the reasoning.  Which makes me think there's more to this decision than we at DCUM are privy to.  [/quote]

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