Reply to Is a nice big house really worth it when an older, smaller one is totally adequate?

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[quote=Anonymous]we are in that same position too - it's not a totally crazy question. that said, we're not worried about stigma on our kids, but on what we will like best as our 3 kids get bigger and have different and changing needs. we moved from an apartment in NYC before living in Bethesda (we're renting now) and so having a house seems pretty overwhelming and we are not sure yet what will really make us happy in terms of how we want to live. Also, to the poster who bought the small house and renovated after waiting, the market is terrible right now. we've been looking for exactly that same sort of house in Bethesda for 14 months, and they all either go in a bidding war or are not structured/priced in a way that makes a "careful" renovation possible for someone who can't spend more than $1.2 total. Plus, construction loans are harder and harder to get, and a renovation for a family in which both parents work full time is really a lot to take on and not necessarily the answer for everyone. [/quote]

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