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Author: BlueGrits Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 887551  
Subject: Re: Stay put in existing house, or move? Date: 4/17/2013 3:10 AM
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Stay put.

You know your home inside and out now; a new home will be a risk. I bought my current home new and in less than 12 years had to replace all the appliances which came with it save for the gas stove. The plumbing is poorly done (forever to get hot water until we put in a recirculating pump); HVAC was oversized and - making things worse - didn't have nearly enough air returns; found a couple of what I think are electrical code violations.

Add the cost of your needs (repairs to the deck, replacing the roof) and wants (update to the bathroom). Note that you'll get at least some of that back on a future sale. Compare that to the cost of sales commissions and moving -- none of which are recovered/offset. Bet those wants/needs don't look too expensive now, do they?
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