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Home > Time to Simplify. Life. And Real Estate.

Time to Simplify. Life. And Real Estate.

July 16th, 2017 at 06:25 pm

DH and I had a discussion on our current situation. It's time to simplify. Life post-cancer (DH's 16 months post diagnosis) has us re-evaluating our future.

Primary residence: $467K value, owe $223K
Rental property: $230K value, owe $0

Time to sell these and downsize. Our goal is to pay cash for a 1,500 square foot townhome one suburb north of us (3 bed/2 bath/2 car garage). The ones we are looking at our $240K.

We've both about had enough of demands, obligations, frustrations, etc. Volunteering has taken a hit, we've limited our kids' activities, we have two out of high school (18 and 19) who drive and have jobs.

For the first time, it feels like it's the right thing to do for own sanity and well-being.

That's going to be the over-arching goal and theme. We hope to do this summer of 2018.

ETA: This is what we are considering.


7 Responses to “Time to Simplify. Life. And Real Estate.”

  1. AnotherReader Says:

    Lose the stairs and avoid the common wall with neighbors you can't control. Buy a single story newer ranch on a small, manageable lot with an adequate garage in a quiet neighborhood. Age in place. Better quality of life and resale value.

  2. LivingAlmostLarge Says:

    What is your objective? To buy a house that you can stay in permenantly? I agree about ranch. I don't think any decision you make is wrong but right even if you lose money. It's about you and your happiness. It's also about not listening to others but doing what makes you happy and comfortable. Trust me we hear it a lot DH and I. And we no longer listen. Good luck with whatever you choose. And glad your DH is in remission.

  3. laura (deacon's wife) Says:

    In the next few months we will be responsible for the assessments on a condo in Southern California where we will be spending 1/2 time. We currently have six years in the Midwest until our youngest graduates from high school. My inlaws also reside here, so our plan is to travel between IL and CA. A townhome offers us the opportunity to travel and not be responsible for upkeep and maintenance. We already have the ranch on a lot in a quiet neighborhood. Thanks for the feedback though!

  4. Petunia 100 Says:

    That's a lovely home. Best of luck with your plans. Smile

  5. MonkeyMama Says:

    Sounds smart!

  6. jp Says:

    Keep your eyes out for a townhouse that doesn't share living walls. The one we own in NV shares a wall of the garage and the "outdoor space"...helps SO much with the noisy neighbor issues AnotherReader mentioned. They do exist - you just have to be insistent with the realtor (we found a few in CO after arguing with and firing our original realtor). I'm with you on the lack of maintenance/upkeep while away, so much easier!

  7. rob62521 Says:

    Very nice home and Lombard is a great burb. I lived there in 1983 in a rental with a friend. Always felt safe, close enough to stuff, but far enough to feel like I was in a neighborhood and not an urban area. Do what is best for yourselves and take care of yourselves.

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