Anonymous
Post 06/10/2026 10:08     Subject: When can you actually buy a $1M house?

What’s the point of having $1.3 million in the bank if you are miserable day to day in your living situation? Use your money smartly and improve it! I’d make sure you find something that will work until the kids are out of the house to avoid another move and associates transaction costs.
Anonymous
Post 06/10/2026 09:43     Subject: When can you actually buy a $1M house?

You can do it now. You didn’t say how much the townhouse will sell for but you would qualify without the equity from it anyways
Anonymous
Post 06/10/2026 09:31     Subject: When can you actually buy a $1M house?

If you own your townhome, presumably you can sell it and wrap that equity in to your next bigger home.

This isnt a hard question. Buy the house this summer and move before the school year. Watch out for higher interest rates, but not much you can do for that now.
Anonymous
Post 06/10/2026 08:59     Subject: When can you actually buy a $1M house?

Anonymous wrote:
Anonymous wrote:300k income, 1.6 mil liquid assets. 31/34 years old with two kids under 5 and we’re practically living on top of each other in this townhouse. No yard for kids, 1 driveway and have to fight for parking for second car, annoying vertical layout with tiny tiny rooms. Can barely fit two dressers and bedside tables in our master BR. Neither of us can have our own office because all BR’s are taken up. I just want to liquidate a bunch of investments and buy a larger house in cash or put 75% down to avoid high monthly payments but everyone giving me advice says not to do it. We’re in Fairfax County and arent looking in a close in zip code so 1M gets you decent space. So tired of this townhouse though.

Plenty of homes under $1M on up to an acre of land in my Rockville neighborhood zoned to a W school.

Ah, sorry. Misread the question. I thought you asked where.
Anonymous
Post 06/10/2026 08:57     Subject: When can you actually buy a $1M house?

Anonymous wrote:300k income, 1.6 mil liquid assets. 31/34 years old with two kids under 5 and we’re practically living on top of each other in this townhouse. No yard for kids, 1 driveway and have to fight for parking for second car, annoying vertical layout with tiny tiny rooms. Can barely fit two dressers and bedside tables in our master BR. Neither of us can have our own office because all BR’s are taken up. I just want to liquidate a bunch of investments and buy a larger house in cash or put 75% down to avoid high monthly payments but everyone giving me advice says not to do it. We’re in Fairfax County and arent looking in a close in zip code so 1M gets you decent space. So tired of this townhouse though.

Plenty of homes under $1M on up to an acre of land in my Rockville neighborhood zoned to a W school.