Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "What would you do? Buy new house or renovate existing house? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]We love our neighbors and neighborhood. We have been in the same house for 10 years and have out grown our house. We have 3 young kids in 2600 sq ft 4 bedroom 2.5 bath with 2 WFH parents. Would you do a major $200K renovation on house or sell and buy a larger house? A new house recently came up on the market that is 4200 sq ft 4 bedroom 4 bath for $1 million. We could probably get $950,000 for our existing house (bought it for $700,000) and have about $450,000 on the mortgage plus a $100,000 HELOC to pay off. We have a very low interest rate which makes me nervous to even look at a new house. But we really need more space. What would you do? [/quote] This makes zero sense. No way there’s a 50k difference between a 2600sf house and a 60% larger, 4200sf house in the same neighborhood. The 1 mil house is underpriced and will bid up by several hundred thousand OR you’re vastly overestimating how much you’ll get for your home.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
