#1 · Dec 22, 2008 04:07 UTC
My wife and I have been toying with the idea for about a year now of moving. We've been looking around at resale homes in some better parts of town, but havne't done anything about it.
Around May, we were out on a weekend looking at some open houses, and came upon a new subdivision in a part of town we both had our eyes on. We went into tone of the model homes, and loved it. We left after about an hour, and she was determined that we were going to have one built by that builder, in that subdivision. We went home, crunched some numbers and it didn't look like it would work, so we resigned outselves to staying where we are for a while longer.
Snce then, we've made the mistake of going back to that model home a few timies, each time with the same result....crunch the numbers, and see if we can do it.
Well. to bring this story to it's climax, we finally decided to make the jump, and have signed on the dotted line and are having a new house built in that subdivision. The builder gave us a 1 year closing, and our place that we are in now isn't too far from ready to sell. I figure we should be able to put it on the market early January. The market around here has flattened out, but it isn't falling yet. We're in an area that is considered to be starter homes, and it is affordable, so we should be able to sell within a month or two I am hoping.
My wife is over the top excited about this. I'm pretty happy too. Double garage, 2 storey, 3 bedroom, 2nd floor family room, 2nd floor laundry, full ensuite bathroom with Jacuzzi tub and cermic tile shower.
So, am I crazy?
Here's a picture of the same house we are having built, about 4 doors down from our lot. They can keep the snow, but otherwise, that's what almost $300K gets you here in London.

Around May, we were out on a weekend looking at some open houses, and came upon a new subdivision in a part of town we both had our eyes on. We went into tone of the model homes, and loved it. We left after about an hour, and she was determined that we were going to have one built by that builder, in that subdivision. We went home, crunched some numbers and it didn't look like it would work, so we resigned outselves to staying where we are for a while longer.
Snce then, we've made the mistake of going back to that model home a few timies, each time with the same result....crunch the numbers, and see if we can do it.
Well. to bring this story to it's climax, we finally decided to make the jump, and have signed on the dotted line and are having a new house built in that subdivision. The builder gave us a 1 year closing, and our place that we are in now isn't too far from ready to sell. I figure we should be able to put it on the market early January. The market around here has flattened out, but it isn't falling yet. We're in an area that is considered to be starter homes, and it is affordable, so we should be able to sell within a month or two I am hoping.
My wife is over the top excited about this. I'm pretty happy too. Double garage, 2 storey, 3 bedroom, 2nd floor family room, 2nd floor laundry, full ensuite bathroom with Jacuzzi tub and cermic tile shower.
So, am I crazy?
Here's a picture of the same house we are having built, about 4 doors down from our lot. They can keep the snow, but otherwise, that's what almost $300K gets you here in London.

