It’s so exciting and stressful at the same time. I’m buying new construction so good news is I don’t have to bid. It’s first come first serve.
My husband and I have a house we own and we love the neighborhood but dislike almost everything else. The upkeep on an old home is really expensive. New foundation last year. New windows this year, it will need a new roof probably by 2025, it’s horribly cold and drafty in the winter. We have the heating on and lots of days it’s still too cold to hangout downstairs. Oh and it’s kinda a posh neighborhood so all our neighbors thought we were renters or thought we couldn’t handle owning a real house whatever that means.
And also there are nothing wrong with renters, buying a house doesn’t automatically make someone virtuous.
Anyway, this new place is a condo on the 5th floor of a 6 story building. Has extra soundproofing. It’s about 1/4 away from the river and it’s next to a park. It is bigger than our current place actually and the demographics for the building and the area are very diverse. Also better access to bike trails and grocery stores. Oh and it’s much brighter than our current place!
Some people don’t like condo living and I get it but my husband and I like not having to worry about a new roof or foundation and we like having a gym and rooftop space. Also our current house has no HOA but is in a historic district so we couldn’t just do whatever to it either (like my windows story).
The construction will be done at the end of the summer but it takes time for the inspections to finish. Cause of Covid the city is behind. They think move in will be Sept or Oct.
We want to sell our house while the market is hot (early summer) so we know we won’t be paying for two mortgagees. But it does mean moving twice. Yesterday my husband and I spent an hour going through the possible options and this one was the best one. The moving twice sucks but the risk is the lowest.
Here's a screenshot of one of the renderings of the place, no one Doxx me lol